LSEG strikes partnership with Nasdaq.


LSEG has struck a strategic partnership with America’s Nasdaq, the owner of the London Stock Exchange confirmed on Thursday.

London Stock Exchange Group

Source: Sharecast

Under the deal, LSEG - which in September launched the UK’s first private securities market - will license Nasdaq’s eVestment private market datasets.

LSEG said the partnership would expand transparency and decision-making capabilities across private investments, and reinforced its ongoing commitment to building private market infrastructure.

Financial terms were not disclosed.

Gianluca Biagini, group co-head, data and analytics, at LSEG, said: "This partnership underscores our commitment to delivering unparalleled private markets intelligence.

"Together we will provide richer content, deeper data coverage and tools that empower our clients to make informed decisions."

Nasdaq’s Oliver Albers said: "Through this integration, we are extending the reach of Nasdaq’s private market data to deliver greater transparency and more actionable intelligence across the global investment landscape."

As well as operating the London Stock Exchange, LSEG provides financial markets infrastructure and data worldwide. It currently employs over 26,000 people in 65 countries.

As at 1315 GMT, shares in LSEG were off 1% at 9,626p, while Nasdaq was down 1% in pre-market trading.


Exchange: London Stock Exchange
Sell:
7,124.00 p
Buy:
7,236.00 p
Change: -1,054.00 ( -12.80 %)
Date:
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