London Stock Exchange Group (LSEG)
LSE rebuffs latest approach from Nasdaq
The London Stock Exchange (LSE) and the New York Nasdaq exchange traded blows on Tuesday, as the management of the LSE turned down Nasdaq's takeover offer.
Second time unlucky for Nasdaq as London Stock Exchange rejects bid
The London Stock Exchange (LSE) has rejected an offer from New York-based stock exchange Nasdaq to buy the company for 1,243 pence a share in cash, on the grounds that the bid “substantially undervalues” the company.
Icap held merger talks with LSE
The London-based interdealer broker Icap today confirmed that it has pulled out of negotiations with the London Stock Exchange (LSE) after holding merger talks to create a £6 billion UK-based exchange.
New pan-Nordic contracts launched on EDX London
EDX London, a joint venture between the London Stock Exchange and Sweden’s OMX, has launched a range of new Nordic equity derivatives contracts.
Deutsche Borse renews bid for Euronext
Deutsche Borse has issued a revised offer for Euronext, allowing the European exchange more independence after a possible merger.
Atticus backs Euronext merger plans
Atticus Capital, a US hedge fund that holds 9% of the Euronext stock exchange, has encouraged Euronext to seek a merger with either Deutsche Borse or the New York Stock Exchange.
Of MiFID and Market Data
The EU's Markets in Financial Instruments Directive will dramatically transform the structure of the market data industry, according to market participants.
LSE £510 million payout goes ahead
Shareholders in the London Stock Exchange (LSE) yesterday backed the board's £510 million payout plan, as consolidation manoeuvring continued.
Nasdaq buys into LSE
New York-based Nasdaq has taken a 14.99% stake in the London Stock Exchange, giving it a headstart over its rivals in the struggle for the London bourse.
Deutsche Börse explores tie-up with Euronext
Deutsche Börse is preparing plans to merge with Euronext, which played down a potential takeover bid for the London Stock Exchange (LSE).
LSE rebuffs Nasdaq bid
The London Stock Exchange has dismissed a takeover bid from the New York-based Nasdaq, saying it "substantially undervalues" the exchange.
Macquarie threatens LSE pullout
Macquarie Bank has confirmed it will not increase its current offer of 580p for shares in the London Stock Exchange (LSE) and has threatened to pull out of the running once that bid expires at the end of the month, according to a company statement.
LSE takeover still deadlocked
London Stock Exchange (LSE) management has again rejected Australian bank Macquarie's takeover bid, which was unchanged from the original offer earlier this month.
LSE rebuffs Macquarie approach
The London Stock Exchange today rejected a "derisory" takeover proposal from Macquarie Bank of Australia.
LSE profits fall on derivatives write-off
The London Stock Exchange announced its profits for the first half of the year had fallen by a third due to a drop in the value of its EDX derivatives unit.
Crisis Point
In the moments after the London bombings in July, the financial markets reacted quickly and learned some lessons along the way.
LSE says no formal approach from Macquarie
The London Stock Exchange (LSE) said this morning it had received no formal approach from Australian investment bank Macquarie regarding a takeover.
Euronext.Liffe slashes prices for equity option trading
Euronext.Liffe, the European derivatives exchange, will cut its fees for trading equity options through its electronic trading platform, Liffe Connect, from November 1.
Derivatives both a help and a danger, says BoE deputy governor
Derivatives are both a help and a danger to global financial stability, according to the deputy governor of the Bank of England, Andrew Large.
LCH wins LSE clearing contract
The London Stock Exchange (LSE) has signed a new clearing services agreement with the London Clearing House (LCH), bringing to an end a period of intense competition with Eurex for the contract.
LSE appoints Stuchfield to head equity derivatives business
The London Stock Exchange (LSE) has appointed Nic Stuchfield as managing director of EDX London, the LSE-controlled derivatives exchange in which Sweden's OM holds a minority stake.
EDX London to start trading on Monday
A new equity derivatives exchange, EDX London, will start trading Scandinavian equity derivatives on Monday.
Dealers rebut UK covered warrants market flop claims
Leading warrants dealers in the UK have rebutted claims that the London Stock Exchange’s (LSE) new covered warrants market is a flop.
Jones leaves patsystems
David Jones, previously interim chief executive at London-based derivatives technology company patsystems, has left the company’s board to concentrate on other business ventures outside financial software. In September, Jones was replaced by Kevin Ashby,…