LSEG
LSE Announces £938M Rights Issue to Fund Russell Acquisition
The London Stock Exchange has announced that it intends to raise £938 million ($1.561 billion) in a rights issue (an issue of rights to buy additional securities in a company made to the company's existing security holders) to fund part of the $2.7…
LCH.Clearnet Appoints Robinson to Head SwapClear Australia
LCH.Clearnet has announced the appointment of Marcus Robinson, who will fill the role of CEO for SwapClear Australia.
Bowles Joins LSEG Board
Sharon Bowles has been appointed as a non-executive director at the London Stock Exchange Group (LSEG). With the new appointment, the LSEG hopes to further its understanding and experience of UK and European politics, economics, and regulations affecting…
MillenniumIT Preps Surveillance Algo Library
Market surveillance and compliance teams always have one perpetual challenge in modern markets: staying ahead of the curve.
Update: Q2 Exchange Data Revenues Rise, Despite Mixed Overall Financials
Major exchanges worldwide posted significant increases in market data sales in their latest round of their financial results, though they also recorded a mixed bag of total revenues as a consequence of low volumes and low interest rates.
LSE, Omgeo Link Matching Platforms
The London Stock Exchange Group (LSE) and post-trade specialist Omgeo have announced a partnership where the former's UnaVista platform will link with the latter's Central Trade Manager (CTM) for the matching of synthetic equity swaps.
Opening Cross: Declare Your Independence from Traditional Data Uses
While the majority of Inside Market Data’s coverage has traditionally centered around the use of data to directly support trading activities—such as the transmission of prices via datafeeds or terminal displays to traders and trading applications—and…
Opening Cross: Forget ‘Keep it Simple, Stupid.’ Think KIDD—’Keep it Diversified, Dummy"
The market data business is increasingly governed by the need to diversify to respond to market and investment trends. Trading firms seeking exposure to new opportunities diversify the datasets they consume in search of the one that will give them an…
UPDATE: LSE Eyes FTSE-Russell Index Data Combo
The London Stock Exchange plans to consolidate the index calculation and data distribution platforms of its FTSE index subsidiary with those of US-based index provider Russell Indexes—and may migrate the index platforms to proprietary LSE technologies,…
LSE Lays Out Russell Acquisition Proposal
The London Stock Exchange has agreed to buy US-based index provider and asset manager Russell Investments from the Northwestern Mutual Insurance Company for $2.7 billion, in a move to diversify its revenue streams and expand into the US market.
EuroCCP to Clear LSE Trades
European central counterparty (CCP) EuroCCP will clear trades executed on the London Stock Exchange (LSE) once regulatory approval is received.
London Stock Exchange Signs Partnership with Casablanca Bourse
The London Stock Exchange Group (LSE) has signed a partnership agreement with the Casablanca Stock Exchange.
Aequitas Taps LSE's MillenniumIT for Trading, Data
Startup Canadian exchange Aequitas Innovations has named the London Stock Exchange's MillenniumIT technology subsidiary to provide its exchange platforms, following a request-for-proposal process involving MillenniumIT and other vendors.
LSE's Russell Buy to Boost International Index Appeal; Analysts Wary of Data Cost Impact
The London Stock Exchange's proposed acquisition of US-based index provider and asset manager Russell Investments from the Northwestern Mutual Insurance Company will allow the exchange to diversify its revenue streams and expand its outreach into the US…
LSE Confirms Russell Acquisition Talks
The London Stock Exchange confirmed reports today, Tuesday, May 20, that it has entered into exclusive talks with the Northwestern Mutual Insurance Company to buy US-based index provider and asset manager Russell Investments.
JSE Preps Co-Lo Center
The Johannesburg Stock Exchange will open a co-location center on its premises in May, to reduce network latency for clients from 2,400 microseconds at present to about 100 microseconds, officials say.
LSE Partners CheetahFix for African Connectivity
The London Stock Exchange Group (LSE) and CheetahFix have announced a collaboration to connect electronic trading entities in South Africa with the British bourse.
EMIR and Wikis: A Wealth of Data
Reporting requirement aspects of European EMIR regulation are spurring service provider offerings, along with concerns about legal entity identifier issuance. Also, wikis present a data sourcing choice for the industry.
Pre-LEI Waiting Times Range From 24 Hours to Three Weeks as EMIR Looms
With implementation of EMIR weeks away, the production time for mandatory pre-legal entity identifiers varies between the pre-local operating units that issue the codes and depends on a number of factors
2013 Review: Traders Weigh Importance of Fast Data vs Big Data
While still a focus for high-frequency traders with latency-sensitive strategies, the latency arms race appeared to have reached a stalemate in 2013, with low latency a necessity but ultra-low latency more of an expensive luxury, with some firms…
LCH.Clearnet's CDSClear Now Handling Single-Name CDS
LCH.Clearnet has announced that its credit-default swap (CDS) clearing service, CDSClear, will now offer single-name CDS clearing.
Irish Pre-LOU Endorsed, Future LEI Guidance Planned
Pre-legal entitiy identifiers issued by the Irish Stock Exchange can be used for regulatory reporting in the jurisdictions represented by members of the Regulatory Oversight Committee, after its pre-local operating unit was accepted as part of the…
Euroclear Confirms UK T+2 Settlement from Next Year
Euroclear UK and Ireland has said it is coordinating with a number of UK venues to ensure that shortened local settlement cycles will be in effect from 2014, in line with regulatory mandates.
Opening Cross: Big Data, Small Print
The London Stock Exchange's consolidated data policy could bring benefits to end-users, though in most cases, more data and delivery mechanisms still means more fees.