LSEG and Deutsche Boerse to launch joint portfolio margining service
The service will allow cross-margining of interest rate swaps cleared at LCH and European rates futures cleared at Eurex.
The deal will create one of the biggest stock exchange groups in the world, as well as combining Europe’s top index providers.
Credit Suisse analysts speculate Nasdaq could be the next target as global exchange groups look to bulk up amid intense competition.
Information services drives growth at business which has become the center of a whirlwind of M&A activity.
Macroeconomic uncertainty drives significant increase in trading activity in February, with Euronext hitting second record month in a row.
ICE must announce its intentions to make an offer no later than 5pm on March 29.
In this week's TradeCast we take an in-depth at the proposed merger of the London Stock Exchange and Deutsche Boerse.