The British oil giant published its Q2 results and interim dividend margins on Thursday 1 August 2024. Although it beat forecasts, profits were down 19% from Q1, when Shell reported adjusted earnings of $7.7bn. Don’t miss out the latest news, subscribe to LeapRate’s newsletter According to media reports, Shell will run a share buyback scheme…
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Since the start of March, the yen has strengthened its position by 1% against the US dollar. This reportedly makes foreign acquisitions in sectors such as finance and technology more affordable. Reuters cited Ashurst partner Natsuko Ogawa, who commented: An increase in interest rates in Japan may be positive for the yen ... and make…
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This alliance is set to strengthen regulated FX flows and improve the functionalities of FlexFX within FlexTrade's buy-side multi-asset trading platform. FXall, a part of LSEG, offers trading and FX workflow solutions, allowing access to liquidity from over 200 bank and non-bank market makers. Its global licensing and dedicated compliance teams position it as a…
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Turquoise Europe is expanding the advantages of price improvement for both aggressive and passive orders to include retail brokerages and their orders, as stated by the LSEG. As the first retail liquidity providers to make use of this new service, quantitative trading firm Hudson River Trading and full-service brokerage firm Stiffel are set to be…
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The Group’s operating profit for 2022 came in at £1.4 billion, jumping 33.1% from the previous year. The stock exchange reported pre-tax profit of £1.2 billion, up by 38.8%. Basic earnings per share for the period surged 65.3%. LSEG ended the year with adjusted EBITDA at £3.5 billion, 19.6% higher than 2021 and with unchanged…
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Established in 2009, Acadia provides risk management, margining and collateral services to global financial institutions for the uncleared derivatives markets. The company’s risk and margining products cover all OTC derivative asset classes and offer direct connectivity to more than 2,000 market participants. According to the official announcement, Acadia enables more than $1 trillion in collateral…
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Don Robert, Chair, LSEG, said: I am delighted to welcome William to the Board. William brings a strong track record in the global financial services sector. His international experience in developing senior relationships, managing risk and organisational change will benefit the Group as we look to further capitalise on the trends shaping our industry. Vereker…
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Neill Penney, Group Head of FX, LSEG, commented: This new solution is a powerful example of the opportunities LSEG and Tradeweb have to create value for financial market participants. By combining the world-class capabilities of FXall and Tradeweb, asset managers trading Emerging Markets Bonds will have access to a seamless workflow covering enhanced real-time pricing…
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This expansion complements LSEG’s real-time feeds and historical market data value proposition especially for front office customers, who support research and strategy development and to power electronic trading applications with the these solutions. Andrea Remyn Stone, Group Head, Data & Analytics, LSEG, said: Combining LSEG’s strong track record as a leader in Enterprise Data with…
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The terms of the deal have not been disclosed but the official announcement said the transaction is expected to close in the first half 2022. Andrea Remyn Stone, Group Head, Data & Analytics LSEG, commented: Adding GDC to the suite of digital identity solutions within our Data & Analytics division, will enable us to continue…
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