The London Stock Exchange Seals £170m deal with 11 international banks to strengthen trading operations
The London Stock Exchange Group (LSEG) has secured a £170 million investment from 11 major banks, strengthening its sales operations and expanding key industry partnerships.
The investment, announced alongside the group’s Q3 2025 results, values WSEG’s Post Trade Solutions at $850 million and marks another milestone in the company’s strategy to expand its data and risk management technology footprint.
Participating banks include Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Mornété Générale, and UBS, who will take a 20% stake in the Post Trade Solutions business.
The announcement came as Lseg posted another quarter of steady growth. Total revenue rose to £2.3 billion, from £2.2 billion last year, while gross profit rose 6.5% to over $2 billion, as costs grew more slowly than revenues.
Its Data & Analytics Division – home to the rage of products such as Refinitiv and Workspace – generated $ 982 million in revenue, up 4.9%, while ftse russell rose by $ 241.
The Post Trade Solutions Business, which provides expertise in the over the counter (OTC) derivatives market, delivered $96 million in revenue and £16 million in EBITDA last year.
Under the new structure, LSEG will increase its share of revenue from swapclear, an intermediary service operated by its sponsor LCH Group.
The establishment of Banks Revenue Valitylement will appear from 30% to 15% in 2025, and then to 10% in 2026, and lseg will pay £ 1.15 over two years for the change – with additional money linked to performance indicators.
Chief executive David Schwimmer said the transaction “strengthens our partnership and strategic alignment with key customers” and “delivers attractive line and availability improvements.”
“We continued our strong momentum in Q3, driving growth across all business lines. With our partnerships in AI and Data Analytics, and a new phase of long-term growth,
The group also reiterates its desire to position itself as a data and technology powerhouse in global finance. LSEG is expanding its partnerships with Microsoft, Databricks, Rogo and Snowflake, embedding its data into AI-driven analytics and trading platforms.
We launched an Azure-based Trade network that connects 1,600 investment firms, and new AI features in its operating platform are expected to go live before the end of the year.
LSEG has already completed £938 million of its current £1 billion share, and will launch another £1 billion program in early 2026 – bringing the total planned capital to £3.5 billion.
The group’s shares, which fell nearly 20% earlier this year, rose more than 5% to 9,172p after the announcement, giving Lseg a capitalization of $44.8 billion.
Schwimmer said the company enters the final quarter of 2025 with “strong momentum, accelerating profitability, and clear strategic direction.”
Daniel Maguire, head of markets and CEO of LCH Group, added: “Swapclear was an innovation pioneer 25 years ago.” This is our partner’s commitment to developing the Post-Trade Ecosystem. “
