LSE expects EBITDA margin of 55% by 2019 up from 46.5% in 2016. LSEG expects FTSE Russell and LCH OTC revenue to continue double-digit growth through 2017-2019.
Euronext will acquire 20% of EuroCCP for €14m subject to closing adjustments and regulatory approval. ENX will offer choice in clearing within the Eurozone for its equity market.
IntercontinentalExchange Group Inc. plans to sell as much as 30% of Euronext NV before the operator of the Paris and Amsterdam exchanges goes public this year, three people with knowledge of the matter said.
NYSE Euronext, the bourse operator being acquired by IntercontinentalExchange Group Inc., has tapped JPMorgan Chase & Co. and Societe Generale SA to help arrange the initial public offering of its European equity operations.
The new service will enable retail liquidity providers to offer better prices to retail investors in European cash markets. It should be available by mid-January 2013.
