Industry news

LSEG collaborating with IBM to develop securities data blockchain solution for European SMEs

Borsa Italiana, part of London Stock Exchange Group (LSEG) and IBM (NYSE: IBM) today announced they are building a blockchain solution to digitize the issuance of securities for small and medium enterprises (SMEs) in Europe. Designed to simplify the tracking and management of shareholding information, the new system intends to create a distributed shared registry containing a record of all shareholder transactions, helping to open up new opportunities for trading and investing.

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LCH’s CDSClear Launches CDX High-Yield Clearing

  • Clearing of Markit CDX North American High Yield index now available
  • First European CCP to offer clearing of this index
  • Further expands CDSClear’s North American index coverage
  • LCH has broadest credit coverage of any CCP globally
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LSEG to acquire The Yield Book and Citi Fixed Income Indices

London Stock Exchange Group (LSEG) has reached an agreement with Citigroup Inc. (Citi) to acquire The Yield Book and Citi Fixed Income Indices, a fixed income analytics platform and index business comprising a family of fixed income indices (including the WGBI) (together the “Business”) for a total cash consideration of $685 million (£535 million), subject to customary adjustments (the “Acquisition”). Subject to regulatory clearance and other customary closing conditions, the transaction is anticipated to close in the second half of 2017.

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