The UK stock exchange group’s purchase of data and trading group has been welcomed, but execution will be key David Schwimmer, the chief executive of the London Stock Exchange Group, could hardly have written a better script. The company’s $27bn acquisition...
Combined revenue would top USD8 billion; Information Services would account for 69% of company turnover On July 27 the London Stock Exchange confirmed that it was in talks to buy market data and analytics firm Refinitiv for $27b. If an...
Thomson Reuters would own a 15-per-cent interest in the overall business if the deal is completed as discussed London Stock Exchange Group PLC is nearing a deal to buy Refinitiv Holdings Ltd. in a massive expansion of its financial data services offering that...
Global exchange industry revenue surged in 2018, totaling a record $33.9 billion for the year. Trading revenues jumped 11.7%, as strength in global trading volumes, particularly derivatives, propelled the segment's revenues to $21.3 billion. Information Services revenue (including market data,...
Funds say exchanges are jacking up fees to offset weaker revenues from trading European stock exchanges are locked in battle against some of their biggest customers, trying to fend off accusations that they are overcharging for the basic ingredient to every...