London Stock Exchange Group reports 16.7% rise in OTC derivatives revenue
1 report, 1 independent
Updated Oct 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
London Stock Exchange Group expects continued growth across its over-the-counter derivatives business. Chief Executive David Schwimmer highlighted expanding activity beyond SwapClear as the group reported a 16.7% increase in quarterly OTC derivatives revenue.
From fow.com
Why it matters
The reported increase in OTC derivatives revenue indicates strong activity within the financial markets. This growth is expected to continue across the London Stock Exchange Group's derivatives business.
From fow.com
Who's involved
- David SchwimmerChief Executive of London Stock Exchange Group
- London Stock Exchange GroupBritish multinational stock exchange and financial information company
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The entities involved
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David Schwimmer
American banking executive
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London Stock Exchange Group
British multinational stock exchange and financial information company located in City of London, United Kingdom
Nothing else this week.