30 October 2017

Co-Authors

Justin Schack

Managing Director    

Anish Puaar

Vice President    

Rosenblatt Securities Inc.    
New York +1 212 607 3100    

TRADING TALK
Rosenblatt's Market Structure News Digest

London Stock Exchange CEO Rolet to Leave Group by End of 2018
—Bloomberg

London Stock Exchange Group Plc’s Xavier Rolet will leave by the end of next year, bringing an end to an era that has seen the shares soar despite the collapse of a $14 billion deal that would have created a European exchange powerhouse.

Our Take: During his nine-year tenure, Xavier Rolet has hauled the London Stock Exchange Group from a £800 million company to one worth more than £13 billion. Rolet repaired relationships with banks and brokers and broadened LSEG’s once-narrow focus on UK cash equities, helping to pioneer exchange-industry moves toward post-trade, indexing and data businesses…

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