London Stock Exchange - News, Articles & Research

News

Investment bank consortia sift through technology options

The seven investment banks behind Project Turquoise - a pan-European equities trading platform that will compete with the region's exchanges - have stepped up their search for a vendor to build the system, while the nine-member Project Boat banking collective have settled on Markit and Cinnober as suppliers for a new trade reporting platform for European equities.

22 January 2007

News

LSE to cut trading fees; offers £250 million cash incentive to shareholders

Under siege from Nasdaq, the London Stock Exchange is cutting some of its trading charges in its latest attempt to fend off its US rival and the threat of competition from large investment banks.

17 January 2007

News

LSE defences bolstered by bullish trading statement

The London Stock Exchange has moved to boost its defences against US rival Nasdaq's hostile takeover bid by bringing forward its third quarter results figures showing strong earnings and revenue growth.

09 January 2007

News

LSE rushes out results as Nasdaq steps up takeover fight

The London Stock Exchange (LSE) is set to release its third quarter earnings statement three weeks ahead of schedule in an attempt to thwart Nasdaq's £2.7bn hostile takeover bid. But the US stock exchange has insisted it won't raise its £12.43 per share offer and has threatened to establish a London-based competitor to the LSE if its bid fails.

08 January 2007

News

LSE launches Nasdaq bid defence; Euronext shareholders back Nyse takeover

The London Stock exchange has opened its defence against Nasdaq's hostile takeover bid by urging investors to reject the US exchange's "wholly inadequate offer", which it says substantially undervalues the group and its future earnings potential.

19 December 2006

News

Nasdaq launches £2.7bn hostile takeover bid for LSE

Nasdaq has formally launched a £2.7bn hostile bid for the London Stock Exchange and is appealing directly to LSE shareholders after its first two takeover offers were rebuffed by the UK market operator.

12 December 2006

News

LSE rejects Nasdaq's £2.7bn bid

The London Stock Exchange (LSE) has rejected a new cash bid from US stockmarket Nasdaq that values the British market operator at around £2.7 billion.

20 November 2006

News

European exchanges agree clearing reforms

European exchanges and clearing organisations have agreed on a code of conduct aimed at improving transparency and reducing costs for investors trading across borders.

07 November 2006

News

LSE and TSE mull operational tie-up

The Tokyo Stock Exchange is in talks with the London Stock Exchange (LSE) to set up an operational alliance which could see the two market operators share trading systems.

06 November 2006

News

LSE signs for Smarts market surveillance software

The London Stock Exchange (LSE) has signed a deal to install an electronic real time market surveillance platform supplied by Australian vendor Smarts Group.

03 October 2006

News

Reuters adds Proquote functionality to desktop products

UK news and information group Reuters has signed a licensing agreement for the London Stock Exchange's (LSE) market data and trading technology, Proquote, which it will add to its desktop trading products.

25 September 2006

News

Icap confirms LSE merger talks

Icap has emerged as the latest suitor for the London Stock Exchange (LSE) after it confirmed that it had held exploratory talks with the UK market operator regarding a possible merger, but the interdealer broker says discussions have been halted, reportedly because the LSE's share price is too high.

25 September 2006