LSEG shelves replatforming project for FX Matching venues
After EBS migration, dealers had little appetite for another major technology project
London Stock Exchange Group has ditched plans to migrate its interbank FX venues to the Millennium technology platform, which powers the exchange group’s equities businesses.
“Following an internal review, LSEG has decided to continue enhancing its existing technology for its FX Spot and Swaps Matching venues in order to deliver faster, incremental change in the areas most important to our customers,” says James Pearson, head of FX at LSEG Markets.
LSEG’s FX Matching venues allow dealers to
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