The London Stock Exchange Group has shrugged off “challenging” markets to report a hike in first-quarter income as its clearing house, LCH, enjoyed surging growth. The London Stock Exchange Group has shrugged off “challenging” markets to report a hike in first-quarter income as its clearing house, LCH, enjoyed surging growth. LSE said income lifted 5% to £546 million in the three months to the end of March. LCH saw income jump 17% to £182 million in the first three months of the year. But business revenues fell 9% in its capital markets business, to £97 million, due largely to low equity trading volumes.

Source: Irish Independent May 01, 2019 08:48 UTC