Forty years after the ‘Big Bang’ reforms reshaped London’s financial markets, a new wave of change is gathering pace. The TRADE sits down with experts from LSEG, SIX, FINBOURNE Technology and Taskize to unpack the question currently facing the industry: is another fundamental transformation already under way, and what will it take to turn technological potential into lasting progress?
Expected to complete in H1 2027, the transaction will bring Octus’ public and private credit data, intelligence and workflows into LSEG.
The appetite for automation in FX swaps market is ramping up, however panellists at TradeTech FX emphasise that structural challenges – such as clearing and credit constraints – still continue to shape the pace of change.
The integration will allow the Indonesian bank to leverage LSEG’s multi-asset class AI-ready data and analytics, as well as gain access to LSEG’s workflow solutions.
Client testing for LSE 24 will go live by the end of 2026, and ETPs are set to launch as the first asset class on the venue in H1 2027.
In response to LSEG’s proposals, industry bodies such as AFME have reaffirmed their belief that including both pre- and post-trade data in the tape from launch is key to success, while many on the buy-side continue to argue that SI flow is essential for tape transparency.
The new offering will deliver LSEG ‘s market data, analytics and news directly into agents and workflows built into Google Cloud.
The new industry body aims to support the interests of approved reporting mechanisms (ARMs) in these regions; launch follows the FCA’s recent consultation of improving the UK transaction reporting regime.
The new offering is expected to complement the firm’s existing public cloud partnerships with Amazon Web Services (AWS), Microsoft and OVHcloud.
Newly appointed executive previously served as global chief executive of Turquoise at LSEG and held senior roles across BCS Global Markets and ABN AMRO Clearing.