Latest Results & Presentations

Trading Statement including Revenues and KPIs for the three months ended 30 September 2019 (Q3)

Strong Q3 performance across all parts of the Group – LCH continues to grow strongly in OTC products; FTSE Russell performing well with growth in subscription revenues
Q3 total income up 12% to £587 million
On a nine-month year-to-date basis total income up 9% to £1,727 million
Proposed acquisition of Refinitiv continues to progress:

Appointment of David Shalders as Chief Integration Officer and member of the LSEG Executive Committee, reporting to LSEG CEO
Regulatory approvals process and integration planning underway
Integration Management Office established
Shareholder circular posting soon with General Meeting scheduled for November 2019
Transaction remains on track for completion in H2 2020

Information Services: revenues up 9% to £230 million. FTSE Russell up 10%, with strong performance in subscription revenues
Post Trade - LCH: income up 19% to £197 million. Strong results driven by 22% revenue growth in OTC clearing with strong volumes at SwapClear and continued growth in net treasury income, up 16%
Post Trade - Italy: income up 8% to £39 million. Good performance supported by growth in clearing; settlement, custody and net treasury income, reflecting good volumes in fixed income
Capital Markets: revenues up 14% to £102 million. On a like-for-like basis (adjusting for last year’s IFRS 15 change), revenue increased 5%, with growth in Primary Markets and in fixed income trading partly offset by subdued equity markets trading
Technology: revenues up 2% to £16 million