London Stock ExchangeRSS

IBM blockchain powers Borsa Italiana’s digital securities scheme

Italy

Italy’s only stock exchange Borsa Italiana, part of London Stock Exchange Group, and IBM are building a blockchain solution to digitise the issuance of securities for unlisted small and medium enterprises (SMEs) in Europe. The aim is to simplify the tracking and management of shareholding information, and create a distributed shared registry containing a record […]

EC blocks Deutsche Börse and LSE merger

lse

The European Commission (EC) has prohibited the proposed merger between Deutsche Börse and London Stock Exchange (LSE) under the EU Merger Regulation. EC commissioner Margrethe Vestager, in charge of competition policy, says the merger “would have significantly reduced competition by creating a de facto monopoly in the crucial area of clearing of fixed income instruments” […]

LSE to acquire financial data provider Mergent

lse

London Stock Exchange (LSE) is to acquire 100% of the issued share capital of business and financial data provider Mergent. The Mergent business will form part of LSE’s information services division, which includes FTSE Russell, a provider of indexes, and real-time and reference data products. Mark Makepeace, group director of information services and CEO of […]

Misys to float on London Stock Exchange

Misys logo

Misys plans to proceed with an initial public offering (IPO) on the London Stock Exchange in early November 2016. As Banking Technology reported in August, Misys – currently residing in the hands of US-based Vista Equity Partners – was understood to be gearing up for this IPO with a £5.5 billion float and appointed investment […]

LSE powers Casablanca Stock Exchange trading tech revamp

Casablanca Stock Exchange

Casablanca Stock Exchange (CSE) has gone live with Millennium Exchange for equities and fixed income trading and Millennium Surveillance to monitor trading and “detect unusual behaviour”. The solutions will be underpinned by the Millennium Advanced Platform (MAP), and are all provided by Sri Lanka-based MillenniumIT; which was acquired by the London Stock Exchange (LSE) in […]

LSE and Boat Services launch trade reporting solution for MiFID II

lse

London Stock Exchange (LSE) and Boat Services have launched Tradecho, a combination of the two companies’ existing and “complimentary” trade reporting services. LSE says by early Q1 2017, Tradecho will provide a single trade reporting venue and “complement” its T+1 MiFID (Markets in Financial Instruments Directive) and EMIR (European Market Infrastructure Regulation) transaction reporting services, […]

Hacking group Anonymous attacks London Stock Exchange

lse

Famous/infamous hacking group Anonymous says it took down the London Stock Exchange’s (LSE) website for two hours as part of a protest against world’s banks. According to the Mail on Sunday, the attack was carried out by a group, within the organisation, based in the Philippines. The newspaper says: “Anonymous claims the incident was one […]

Jobs to go in Deutsche Börse and LSE merger

EFG and BSI to unite on Temenos' T24 core banking platform; Avaloq to be ousted

The London Stock Exchange (LSE) says its all-share merger with Deutsche Börse could result in 1,250 job losses. In March, after speculation and a rival bid, both parties reached agreement to create a Europe-based global markets infrastructure group valued at about £21 billion. The merger is expected to be finalised by the end of this […]

ICE backs out of London Stock Exchange bid

ice

New York Stock Exchange owner, Intercontinental Exchange (ICE), has confirmed it won’t make a bid for London Stock Exchange (LSE). In March, ICE had said it was considering making a rival bid for LSE – setting up a potential takeover battle with Deutsche Börse. That never happened as a few weeks later in March Deutsche […]

Deutsche Börse and LSE to merge

Deutsche-Boerse_logo

Deutsche Börse and London Stock Exchange (LSE) have reached agreement on the terms of an all-share merger of “equals”. The deal follows recent speculation about the merger, and New York Stock Exchange owner, Intercontinental Exchange (ICE), saying it may make a rival bid for LSE. The merger will create a Europe-based global markets infrastructure group […]

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