exchange group plc type public limited company traded as lse lse industry financial services founded 2007 ; 9 years ago 2007 headquarters 10 paternoster square city of london england united kingdom key people donald brydon chairman xavier rolet ceo products stock exchanges revenue 1 418.6 million 2015 1 operating income 584.7 million 2015 1 net income 357.1 million 2015 1 divisions borsa italiana london stock exchange website lseg.com paternoster square . the lse occupies the building that takes up much of the right side of this picture . former lse premises in threadneedle street the london stock exchange group plc is a british based stock exchange and financial information company . it is headquartered in london united kingdom . it owns the borsa italiana millenniumit 2 russell investments ftse international exactpro majority stake in lch majority stake in mts and the london stock exchange . contents 1 history 2 principal subsidiaries 3 operations 3.1 london stock exchange 3.2 borsa italiana 3.3 millenniumit 3.4 cc & g 3.5 monte titoli 3.6 tokyo stock exchange joint venture 3.7 turquoise 3.8 lch.clearnet 3.9 ftse russell 3.10 exactpro 4 see also 5 references 6 external links history edit the london stock exchange was founded in sweeting s alley in london in 1801 . 3 it moved to capel court the following year . 3 in 1972 the exchange moved to a new purpose built building and trading floor in threadneedle street . deregulation sometimes known as big bang came in 1986 and external ownership of member firms was allowed for the first time . 3 in 1995 the alternative investment market was launched and in 2004 the exchange moved again this time to paternoster square . 3 nasdaq built up a stake of over 30 % in the exchange in 2007 in a failed attempt to acquire it . it has since sold its investment . 4 in 2007 the exchange acquired the milan based borsa italiana for 1.6 bn euro 1.1 bn ; 2bn to form the london stock exchange group plc. the combination was intended to diversify the lse s product offering and customer base . the all share deal diluted the stakes of existing lse shareholders with borsa italiana shareholders receiving new shares representing 28 per cent of the enlarged register . 5 on 16 september 2009 the london stock exchange group agreed to acquire millennium information technologies ltd. a sri lankan based software company specialising in trading systems for us 30m 18m . the acquisition was completed on 19 october 2009 . 6 on 9 february 2011 tmx group operator of the toronto stock exchange agreed to join forces with the london stock exchange group in a deal described by tmx head tom kloet as a merger of equals though 8 15 board members of the combined entity will be appointed by lse 7 15 by tmx . 7 the deal subject to government approval would create the world s largest exchange operator for mining stocks . 8 in the uk the lse group first announced it as a takeover however in canada the deal was reported as a merger . 9 the provisional name for the combined group would be ltmx group plc. 10 on 13 june 2011 a rival and hostile bid from the maple group of canadian interests was unveiled for the tmx group . this was a cash and stock bid of 3.7 billion cad launched in the hope of blocking the lse group s takeover of tmx . the group was composed of the leading banks and financial institutions of canada . 11 the london stock exchange however announced it was terminating the merger with tmx on 29 june 2011 citing that lseg and tmx group believe that the merger is highly unlikely to achieve the required two thirds majority approval at the tmx group shareholder meeting . 12 in july 2012 the lse bought a 5 % stake in delhi stock exchange . 13 on 2 june 2014 the lse became the 10th stock exchange to join the united nation s sustainable stock exchanges sse initiative . 14 15 16 on 26 june 2014 the lse announced it had agreed to buy frank russell co. making it one of the largest providers of index services . 17 in january 2015 reuters reported that the london stock exchange group planned to put russell investments up for sale and estimates the sale will produce 1.4 billion per unit . 18 in march 2016 the company announced it had reached an agreement with deutsche b rse to merge . the companies will be brought under a new holding company uk topco and will retain both headquarters in london and frankfurt . 19 principal subsidiaries edit principal subsidiaries areas follows 20 principal activity country of incorporation % equity and votes held held directly by the company london stock exchange recognised investment exchange uk 100 held indirectly by the company bit market services retail information services and market technology italy 99.99 borsa italiana recognised investment exchange italy 99.99 cassa di compensazione e garanzia ccp clearing services italy 99.99 exactpro quality assurance provider russia 100 ftse international market indices provider uk 100 lch.clearnet group ccp clearing services uk 57.80 monte titoli pre settlement settlement and centralised custody italy 98.86 millenniumit it solutions provider sri lanka 100 mts wholesale fixed income bonds italy 60.36 turquoise global holdings multi lateral trading facility uk 51.36 frank russell company global asset manager and index business usa 100 operations edit following the merger with borsa italiana the group is europe s leading equities business with 48 % of the ftseurofirst 100 by market capitalisation and with the most liquid order book by value and volume traded . 21 london stock exchange edit the london stock exchange is europe s leading stock exchange and is owned by the london stock exchange group plc. borsa italiana edit borsa italiana is italy s leading stock exchange and is owned by the london stock exchange group plc. millenniumit edit millenniumit was acquired by lseg in 2009 as their technology service provider . it is offering world s fastest trading platform known as millennium exchange for most of leading stock markets in the world . 22 cc & g edit cc & g is the italian central counterparty that the lse purchased along with borsa italiana in 2007 . 23 monte titoli edit monte titoli is the italian central securities depository for italian issued financial instruments . it performs pre settlement settlement and custody services for its member participants . it was created in 1978 and acquired by the borsa italiana in 2002 before becoming part of the lseg . tokyo stock exchange joint venture edit in july 2008 the lse and the tokyo stock exchange tse announced a new joint venture tokyo based market which will be based on the lse s alternative investment market aim . 24 turquoise edit on 21 december 2009 the lse agreed to take a 60 % stake in rival trading platform turquoise which currently has a 7 % share of the market . turquoise will be merged with the lse s trading facility baikal global . 25 lch.clearnet edit on the 3 april 2012 lse and lch.clearnet shareholders voted overwhelmingly to take up to 60 percent of the clearing operator with an offer of 20 euros per share which values lch.clearnet at 813 million euros 1.1 billion . 26 ftse russell edit on 18 may 2015 lseg announced the launch of ftse russell the new integrated name created for the combined businesses of ftse group 27 and russell indexes . 28 exactpro edit on 29 may 2015 lseg acquired a 100 % interest in exactpro . it is offering quality assurance services to exchanges investment banks brokers and other financial sector organisations . 29 see also edit london portal companies portal companies portal market maker alternative investment market list of stock exchanges references edit a b c annual report 2015 pdf . london stock exchange group . retrieved 25 march 2016 . lseg millenniumit acquisition pdf . london stock exchange group . retrieved 30 november 2013 . a b c d our history . londonstockexchange.com . retrieved 20 march 2015 . lse rejects 2.7 bn nasdaq offer . bbc . retrieved 20 march 2015 . london stock exchange buys borsa . bbc . retrieved 20 march 2015 . latest news . millenniumit.com . retrieved 20 march 2015 . lse jumps on tmx purchase plan . reuters.com . retrieved 20 march 2015 . tsx operator london exchange agree to merge . cbc news . 2011 02 09 . factbox lse to buy toronto exchange . reuters.com . retrieved 20 march 2015 . wall street journal a combined tmx lse would be called ltmx group ben dummett 1 june 2011 reuters maple group goes hostile for tmx solarina ho toronto london stock exchange merger terminated . thestar.com . 29 june 2011 . retrieved 20 march 2015 . shah palak 5 july 2012 . british bourse lse buys 5 % stake in delhi stock exchange . business standard . business standard ltd. retrieved 4 september 2012 . london stock exchange group joins un sustainable stock exchanges initiative . london stock exchange . london stock exchange . retrieved 3 june 2014 . malone charlotte . london stock exchange joins un sustainability initiative . blue & green tomorrow . blue & green tomorrow . retrieved 3 june 2014 . moss gail . london stock exchange joins un sustainable stock exchanges initiative . ipe . investments and pensions europe . retrieved 3 june 2014 . walker ian . london stock exchange to buy u.s. asset manager frank russell for 2.7 billion . the wall street journal . retrieved 26 june 2014 . deals of the day mergers and acquisitions . reuters . retrieved 2015 02 02 . london stock exchange and deutsche boerse agree merger . bbc news . 16 march 2016 . retrieved 16 march 2016 . lseg annual report 31 december 2015 pdf . investor relations . londonstockexchange ir.com . retrieved 20 march 2015 . london stock exchange group to acquire millenniumit for us 30m 18m . london stock exchange . retrieved 19 november 2013 . lse backs possible joint bid for lch.clearnet . reuters.com . retrieved 20 march 2015 . london bourse outlines framework for tokyo jv bbc news lse reveals takeover of turquoise . bbc.co.uk . retrieved 20 march 2015 . lse wins shareholder backing for lch deal . reuters.com . retrieved 20 march 2015 . london stock exchange plc completes acquisition of outstanding 50 per cent of ftse international limited lseg launches new ftse russell brand . london stock exchange group . retrieved 2016 04 30 . london stock exchange acquires exactpro systems banking technology . www.bankingtech.com . retrieved 2016 04 30 . external links edit official website emporis cc & g v t e ftse 100 companies of the united kingdom ftse 250 3i admiral group anglo american antofagasta ashtead group associated british foods astrazeneca aviva bae systems bhp billiton bp babcock international barclays barratt developments british american tobacco british land bt group bunzl burberry capita carnival centrica coca cola hbc compass group crh croda international dcc diageo direct line group dixons carphone easyjet experian fresnillo gkn glaxosmithkline glencore hammerson hargreaves lansdown hikma pharmaceuticals hsbc imperial brands informa intercontinental hotels group international airlines group intertek intu properties itv johnson matthey kingfisher land securities group legal & general lloyds banking group london stock exchange group marks & spencer mediclinic international merlin entertainments micro focus international mondi morrisons national grid next old mutual paddy power betfair pearson persimmon polymetal international provident prudential randgold resources royal bank of scotland reckitt benckiser relx group rio tinto group rolls royce royal dutch shell royal mail rsa insurance group sage group j sainsbury schroders severn trent shire sky smith & nephew smiths group sse standard chartered standard life st. james s place taylor wimpey tesco travis perkins tui unilever united utilities vodafone whitbread wolseley worldpay wpp v t e