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.
The past week saw various moves across both the buy- and sell-side, spanning the c-suite, equities and credit trading, and institutional sales.
Appointment is set to bolster the firm’s European equities offering, following the recent hire of a new head of market structure and new products from SIX in November 2025.
Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows.
Richard Worrell joined LSEG in 2024, serving as co-head of equity trading and head of business development.
To ensure a smooth delivery of the enhancement, both firms are set to collaborate throughout 2026, with a focus on platform design, testing, migration and participant readiness.
Strong performance including a 5.1% increase in equities revenue put down to market conditions, ongoing product innovation and ‘the attractiveness of LSEG venues’ according to the Group.
New capability enables institutions to distribute proprietary analytics and models through a governed marketplace environment.