The London Stock Exchange Group has published financial results for the 11 months to November 30, ahead of the full year set it expects to issue in March. The LSEG points to continued momentum in the integration of FTSE Russell and delivery of synergies, and says that exchange-traded funds assets benchmarked to FTSE Russell rose 4 percent.
In post-trade services, it says LCH.Clearnet delivered a good performance in all OTC (over-the-counter) areas. The use of compression services through LCH.Clearnet increased, with US$304 trillion compressed in the period, helping reduce interest rate swaps notional outstanding to $263 trillion, down 27 percent.
Global client swap clearing rose 67 percent – with 612,000 trades cleared. Credit default swaps notional cleared were up 165 percent – to EUR 155 billion. ForexClear notional cleared up 19 percent – to $974 billion. Fixed income clearing was broadly unchanged at EUR 67 trillion.