London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.
The Group is a global leader in indexing and analytic solutions. FTSE Russell offers thousands of indexes that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, and RNS.
London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology.
Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.
Our central economic function is to bring together companies and other issuers seeking capital with investors from around the world.
Our primary markets in London and Italy provide companies and other issuers of equity and debt from around the globe with cost efficient access to some of the world’s deepest and most liquid pools of capital.
Our systems provide fast and efficient trading, providing investors and institutions access to UK and Italian equities, pan-European equities (through Turquoise), international depositary receipts (on our International Order Book), European corporate and government bonds (fixed income) and equity and index derivatives (Italian, Norwegian, Russian and UK).
Our primary markets are home to a wide range of companies, from global and well known, to small and medium size enterprises. Our systems allow our members to electronically trade equities listed on our markets. The majority of trading takes place on our Main and AIM markets, both in London and Italy. Through Turquoise, traders can also access pan-European equities.
The Group’s MTS, MOT, ORB and EuroTLX markets provide platforms for the trading of European and US Government and corporate bonds.
Our success in running primary markets has enabled us to develop derivative markets for the trading of emerging market equity derivatives, particularly Russian derivatives. IDEM is our derivatives market for Italian equities; Turquoise trades International Order Book derivatives and has also launched FTSE 100 Index Futures and Options.
All of our businesses depend on technology that is secure, stable and performs to high levels of availability and throughput. With continued demand for new functionality and highly automated trading, we are investing to increase the capabilities of our trading services. With MillenniumIT, we have an agile, efficient, in-house IT development capability to serve the Group’s various businesses. MillenniumIT also sells and licenses the same exchange related technology and services to over 30 capital markets businesses across the globe.
POST TRADE SERVICES
The Group offers a full range of Post Trade services, providing risk management and efficiency for traders. Based in Italy, CC&G provides clearing services to a number of Group and other trading venues. Following completion of the acquisition of a majority stake in LCH in May 2013, the Group now has majority ownership of clearing services in the UK, continental Europe and the US. This business will be reported as a separate segment in future.
Real time data
We supply real time prices and trading data, creating the transparency and liquidity that are essential for market users. This data is of high value and is used and referenced by market participants and trading services. As well as providing feeds directly to clients, we also distribute through providers such as Bloomberg and Thomson Reuters. These providers incorporate our data with other information and sell it to trading firms, investors and institutions around the world.
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 80 countries, covering 98% of the investable market globally.
Other information services
To facilitate efficient trading on our markets, we have developed a number of other reference, desktop and workflow products, which we provide to issuers, investors, traders, retail brokers and market makers. These services include:
SEDOL – unique security identifier numbering system
UnaVista – transaction matching and reconciliation service
RNS – Regulatory News Service
A respectable and privileged financial institution engaged in the Turkish banking industry, TEB went into action in 1927 since when brokerage operations continues in a set of various fields such as investment, leasing, factoring, insurance and portfolio management in the finance industry through an extended network of branches, product and service range. Also, TEB is one of the banks that obtained the highest degree within the group as far as the notes given by the rating agencies are concerned.
Taking the lead in professional management, transparency and ethical values as a privileged principle of working in Turkey, TEB carries on with its operation in full and strict compliance with the ‘Principles of Corporate Governance’ published by the Capital Markets Board.
TEB Mali Yatırımlar A.Ş., one of the shareholders with 84,25% of shares at TEB, which went public in 2000, executed a partnership agreement with BNP Paribas on February 10, 2005, which is the 6th largest bank in the world and is the largest of Euro zone with ongoing operations in 87 countries around the globe. The partnership enabled TEB, one of the respectable and strong brands engaged in the Turkish finance industry, and BNP Paribas, an international brand, to combine the forces and experiences. With this partnership agreement BNP Paribas had shares in TEB Investment, TEB Leasing, TEB Factoring, TEB Insurance, TEB Portfolio Management and TEB NV, a bank of the Netherlands, displaying activities in Amsterdam.
BNP Paribas is the first bank of Euro zone as far as profits and total market capitalisation are concerned. With a prominent and international network of banking, BNP Paribas plays a crucial role in Corporate and Investment Banking, International Retail Banking and Asset Management. 80 out of the largest 100 group around the globe are customers of BNP Paribas.
Target of TEB and BNP Paribas collaboration is to pave the way for a much stronger Turkish bank, as well as to convey and make available international fund of knowledge, services and products of BNP Paribas to a wider range of customer group, and to achieve an international initiative for TEB as a brand.
As a significant indication of strong collaboration with BNP Paribas, and of TEB’s opening up to the world; TEB has now become involved in the Trade Centres network of BNP Paribas that are established in 48 countries and nearly in 80 locations. Trade Centres that are open in Istanbul, Izmir and Adana throughout Turkey give support for foreign trade consultancy and banking, and offer an international opening for customers. Furthermore, this partnership has allowed TEB to set Turkish Desks in the countries where Turkish entrepreneurs are intensely operating and BNP Paribas has a strong hand.
Following the partnership with BNP Paribas, TEB has expanded its expertise in corporate, commercial and private banking to private banking, enterprise banking and SME Banking.
The first step that started ITU ARI Teknokent initiative was the opening of the ITU-KOSGEB TEKMER (Incubation Center) with the collaboration of Istanbul Technical University and KOSGEB in 1992. University-industry collaboration started with ITU-KOSGEB TEKMER enabled many technology based entrepreneurial companies to benefit form the academic infrastructure provided by ITU and the funding mechanisms of KOSGEB and found success in the commercial life.
Today, th Incubation Center still continues to work with the efforts of ITU and KOSGEB has been the success factor that inspired the establishment of a Tecknopart in ITU in 1996. Attempts to set up a technopark and feasibility studies for this purpose shaped the laboratory and research center investments realized in ITU in those years; the academic infrastructure of the respective faculties and departments have provided configurations with long-term predictions.
In year 2001, with the Law No 4691 on Technology Development Zones came into force, thus another step toward technopark initiation was taken. This law brought a lot of tax exemptions and directed academic to work with the technopark companies and led to a new are on behalf of Turkey for university-industry collaboration.
As a result of the feasibility study, ITU ARI Teknokent would be implemented in 2 phases, the first phase was located in an area of 1.850.000 m2 area inside Ayazağa Campus and second phase was located in an are of 106.000 m2 area in Florya land. The studies to declare ITU Ayazağa and ITU Florya Campuses as Technology Development Zones and the registration of the managing company ARI Teknokent Proje Geliştirme Planlama A.Ş were completed in 2002.
Located in ITU Ayazağa Campus ITU ARI Teknokent's ARI1 building was opened to the service of the entrepreneurial companies in September 2003, ARI2 Building in August 2005. While the construction works were continuing for ARI3 building, ARI4 Building was put in service in 2010. ARI3 Building with 54.000 m2 area and many new physical and functional facilities offered to the companies was taken into service in November 2012. Lastly, ARI6 Building (Energy Technopark) became operational as of January 2014.
As of today, ITU ARI Teknokent offers services and support under the law for the companies located in the area declared as Technology Development Zone with its "Institute of Science and Technology", "Motor Vehicle Center", "Mechatronics Research and Education Center" and "ITU-KOSGEB TEKMER" buildings. However companies operating in these centers must meet on the common ground of the activity topic of the building.