LSE Buys XTF to Meet Demand for ETF Data
The LSE is not disclosing terms of the acquisition of New York-based ETF data vendor XTF.
The LSE will integrate XTF into its Information Services division, which includes index provider FTSE Russell, the exchange's real-time datafeeds and reference data, and its RNS regulatory news service.
XTF delivers historical and fundamental data on ETFs traded in the US, Canada and Japan via a searchable website, direct data services and white-label solutions.
"The rapid rise of the global ETF market is prompting demand from institutional and retail investors and their intermediaries for
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