The Group’s operating profit for 2022 came in at £1.4 billion, jumping 33.1% from the previous year. The stock exchange reported pre-tax profit of £1.2 billion, up by 38.8%. Basic earnings per share for the period surged 65.3%. LSEG ended the year with adjusted EBITDA at £3.5 billion, 19.6% higher than 2021 and with unchanged…
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Established in 2009, Acadia provides risk management, margining and collateral services to global financial institutions for the uncleared derivatives markets. The company’s risk and margining products cover all OTC derivative asset classes and offer direct connectivity to more than 2,000 market participants. According to the official announcement, Acadia enables more than $1 trillion in collateral…
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Don Robert, Chair, LSEG, said: I am delighted to welcome William to the Board. William brings a strong track record in the global financial services sector. His international experience in developing senior relationships, managing risk and organisational change will benefit the Group as we look to further capitalise on the trends shaping our industry. Vereker…
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Neill Penney, Group Head of FX, LSEG, commented: This new solution is a powerful example of the opportunities LSEG and Tradeweb have to create value for financial market participants. By combining the world-class capabilities of FXall and Tradeweb, asset managers trading Emerging Markets Bonds will have access to a seamless workflow covering enhanced real-time pricing…
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This expansion complements LSEG’s real-time feeds and historical market data value proposition especially for front office customers, who support research and strategy development and to power electronic trading applications with the these solutions. Andrea Remyn Stone, Group Head, Data & Analytics, LSEG, said: Combining LSEG’s strong track record as a leader in Enterprise Data with…
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The terms of the deal have not been disclosed but the official announcement said the transaction is expected to close in the first half 2022. Andrea Remyn Stone, Group Head, Data & Analytics LSEG, commented: Adding GDC to the suite of digital identity solutions within our Data & Analytics division, will enable us to continue…
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Upon completion of the transaction is, TORA will become part of LSEG’s Data & Analytics division. Andrea Remyn Stone, Group Head, Data & Analytics LSEG, said: Combining TORA’s multi-asset technology and global expertise with the strength and breadth of LSEG’s Data & Analytics division will create a compelling customer proposition. This acquisition is a great…
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The Group noted that Quantile's services will be available on an Open Access basis that will continue to offer customers the choice of where to clear, compress and optimise their trading activity. LSEG added that Quantile will preserve its independence within LSEG's Post Trade division and report to Daniel Maguire, LSEG's Group Head of Post…
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LSEG also reported an increase demand for data analytics and post-trade services. Data & Analytics revenue grew 6% and post trade revenue jumped 11.5%. The post trade income reached 218 million for the third quarter, 2.3% higher than the same period the previous year. David Schwimmer, CEO said: The Group has delivered a strong Q3…
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Isabelle Girolami, CEO LCH Ltd, commented: I am delighted Ivan is joining Christophe and I. He brings with him over 20 years of experience in equities within the industry and at LSEG. This is an exciting time for the group and I look forward to working with him to develop EquityClear further into new markets…
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