News Centre

London Stock Exchange Group Plc - Interim Management Statement For The Period To 23 January 2013, Including Revenues And KPIs For The Three Months Ended 31 December 2012 (Q3)

Date 24/01/2013

• Good operational and financial performance in Q3 as the Group continues to benefit from diversified range of businesses
• Total income up 6 per cent on Q3 last year at £208.9 million; 9 months year-to-date up 9 per cent, to £632.5 million
• Information Services revenues up 44 per cent, reflecting both inclusion of FTSE and growth across other information services with revenue up 5 per cent on organic, constant currency basis
• Post Trade Services total income declined 14 per cent, partly reflecting lower trading activity. Treasury management income was good at £27.8 million, compared with a particularly strong period last year (Q3 FY 2012: £33.5 million)
• Capital Markets revenues decreased 4 per cent, with good growth in admission fee income and fixed income trading offset by subdued derivatives and cash equities trading across global markets
• Technology Services revenues up 5 per cent, driven by growth from MillenniumIT
• The Group continues to work towards completion of the acquisition of up to 60 per cent of LCH.Clearnet following clearance by the UK OFT and provisional agreement on a revised offer; shareholder votes to take place following announcement of full terms and conditions of the transaction

HKMEx Adds Taiwan Concord Capital Securities As Broking Member - First Membership Addition This Year Follows Strong 2012 Growth

Date 24/01/2013

The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announces today the addition of Taiwan Concord Capital Securities (Hong Kong) Ltd as a broking member.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - An Deletion From The S&P/TSX Preferred Share Index

Date 23/01/2013

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

Brookfield Office Properties Inc. (TSX:BPO) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Class AAA Preferred Shares, Series 'F' (TSX:BPO.PR.F) at the close on January 31, 2013. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Wednesday, January 30, 2013. 

World Federation Of Exchanges Publishes 2012 Global Market Highlights - Market Capitalization Growth Rate Up, Volume Of Exchange-Traded Products Down

Date 23/01/2013

The World Federation of Exchanges’ (WFE) annual survey of global markets found that while the global market capitalization increased 15.1% in 2012 , the volume of all products traded on WFE member exchanges fell significantly.  According to worldwide statistics compiled by the WFE, the value of Electronic Order Book (EOB) share trading was down 22.5%, and the number of derivative contracts traded on-exchange decreased by 20%.

Q&A Remarks At The Private Equity International Conference By Bruce Karpati, Chief, SEC Enforcement Division's Asset Management Unit, U.S. Securities And Exchange Commission

Date 23/01/2013

Thank you to Private Equity International for having me here today. I am grateful for the opportunity to speak about our work in the private equity space. First, let me start by saying that my comments here today are mine and mine alone, and do not represent the views of the SEC, the Commissioners, or the staff.

DTCC Releases 2012 Annuity Product Activity Showing Decline In Net Cash Flows From 2011

Date 23/01/2013

The Depository Trust & Clearing Corporation (DTCC) Insurance & Retirement Services (I&RS) released findings on activity and trends in the market for annuity products in 2012. The report is based on data, obtained from the millions of transactions processed by and entrusted to I&RS, which is available through its online Analytic Reporting for Annuities information service.

ISDA To Publish Auction Terms For Mediannuaire

Date 23/01/2013

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that LCDS dealers voted to hold an auction for European loan-only CDS transactions referencing certain facilities entered into pursuant to a Senior Credit Agreement entered into by the credit known as Mediannuaire on 10th October 2006 (and as amended from time to time thereafter).

SIFMA Statement On Suspension Of Debt Limit

Date 23/01/2013

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy in response to House-passage of a bill that would suspend the nation’s debt limit through May 18. 

World Economic Forum: Africa Now The World’s Second Fastest Economy, To Grow 5.3% In 2013

Date 23/01/2013

• Africa is now the world’s second fastest growing economy, and may grow even faster in 2013
• Most African states have achieved political stability, which is important for investment
• The risks include governance, economic and political exclusion, and weak institutions
• The theme of the 43rd World Economic Forum Annual Meeting is Resilient Dynamism. For more information, visit http://wef.ch/Davos

CFTC Approves Rulebook And Issues Amended Registration Order For LCH.Clearnet LLC

Date 23/01/2013

Today, the Commodity Futures Trading Commission issued to LCH.Clearnet LLC (LCH) (1) a letter approving LCH’s revised rulebook and (2) an amended order of registration as a derivatives clearing organization (DCO). LCH, formerly the International Derivatives Clearinghouse, LLC (IDC), a registered DCO, had requested approval of its revised rulebook following its August 2012 acquisition by LCH.Clearnet Group Limited. The amended order of registration, which permits LCH to clear, in its capacity as a registered DCO, futures contracts, options on futures contracts, commodity options, and swaps where interest rates and/or currencies constitute the underlying commodity or reference, supersedes the original order of registration that had been issued to IDC in 2008.