• Platform building firm foundation - 1.5 million lots traded since launch

  • Over 40% of overall volume achieved in last 3 months

  • Most recent 100,000 lots of volume traded in 8 business days

CurveGlobal, the interest rate derivatives venture launched by London Stock Exchange Group in partnership with a number of major dealer banks* and another exchange, CBOE, today celebrates its first year of operation. The platform has seen 1.5 million lots traded since its launch in September 2016, with over 40% of this achieved in the last 3 months.

Andy Ross, Chief Executive of CurveGlobal said:

'As we celebrate our first year in business, CurveGlobal has already proven itself to be a highly efficient venue for derivatives trading; offering genuine choice and liquidity to the market. As we grow volumes and add participants, CurveGlobal continues to provide much needed competition in the futures markets. Our Open Access platform provides margin and capital efficiencies, giving firms choice into where they execute and clear their interest rate derivatives trades.'

Key Statistics

  • 1.5 million lots traded since launch

  • First 100,000 lots took 41 business days; most recent 100,000 lots was achieved in just 8 business days

  • Over 40% of volume has come in the last 3 months

  • First mid-price block trade was created on 14 September 2017

  • Deep order book liquidity, at-the-touch order size 1000's of contracts in white/red/green expiries

  • Best Execution under Mifid II - best at-the-touch price on CurveGlobal 94.96% of the time

- Ends -

Media

Ed Clark +44 (0)20 7797 1222
newsroom@lseg.com

Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.

The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe's capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.

Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $15 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of data services, research and analytics through Mergent, SEDOL, UnaVista, XTF and RNS.

Post trade and risk management services are a significant part of the Group's business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business.

LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group's own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group's technology companies.

Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,000 people.

Further information on London Stock Exchange Group can be found at www.lseg.com

London Stock Exchange Group plc published this content on 26 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 September 2017 09:44:01 UTC.

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