London Stock Exchange buys into settlement house Euroclear

Posted by - February 25, 2019

Deal gives City exchange operator a bigger stake in Europe’s trading infrastructure ahead of Brexit The London Stock Exchange Group is to buy almost 5% of Euroclear, the settlement house, for €278.5m. It follows a similar investment by US rival Intercontinental Exchange. The deal, announced on recently, is significant because it gives the LSE a