Lse to acquire citigroups bond and data indices operation. Interactive factsheet prudential longterm gilt passive s3. Projects have included back end data processing and reporting. London stock exchange group acquires the yield book and citi. Citi to acquire the yield book and citi fixed income indices. The london stock exchange group lseg has reached an agreement with citigroup citi to acquire the yield book and citi fixed income. London stock exchange group lseg is pleased to announce that, following satisfaction of the closing conditions, lseg has today completed the acquisition of the yield book and citi fixed income indices from citigroup inc. Comparable to london stock exchange group plc will purchase. Esd announces london stock exchange groups expansion in.
The acquisition of this worldclass fixed income analytics and index business enhances lsegs information services division, allowing ftse russell a dedicated, independent global index specialist to offer clients a comprehensive fixed income index family, broader multiasset capabilities, and a deeper data and analytics service. London stock exchange group lseg has reached an agreement with citigroup inc. The london school of economics is a public research university located in london, england. May 30, 2017 this transaction is a positive outcome for the yield book and citi fixed income indices for both clients and employees, said okan pekin, citigroups global head of investor services, in a release. The expansion of the london stock exchange groups yield book team in.
Citi announces sale of its fixed income analytics and. Deutsche boerse bid for london stock exchange forbes. On august 31, 2017 london stock exchange group lseg completed the acquisition of the yield book and citi fixed income indices businesses from citi. London stock exchange group lseg has reached an agreement with. Get alerts on london stock exchange group when a new story is published. Citi to acquire the yield book and citi fixed income. Get the latest financial news from citi, the worldwide leader in consumer and corporate banking.
It owns the london stock exchange on which it is also listed, refinitiv, lseg technology, ftse russell, and majority stakes in lch and tradeweb. Support guide interactive online support facility, offering user. Lseg completion of acquisition of the yield book and citi. Subject to regulatory clearance and other customary closing conditions, the. Adam masse, cfa assistant vice president citi yield. The expansion of the london stock exchange groups yield book team in buffalo. Lead fixed income researcher, managed the regional fixed income research team and coordinated researchers globally. Lseg to acquire the yield book and citi fixed income indices.
The yield book and citis fixed income indices service a client base of over 350 institutions globally and are used in analyzing a broad array of fixed income instruments, and in particular, mortgage. Write and maintain code to support the various products offered. Lseg acquiring yield book and citi fixed income indices from. May 30, 2017 the transaction includes citi s fixedincome analytics platform, the yield book, and indexes including the world government bond index, the new yorkbased bank said in a statement tuesday. Ftse russell ftse us fixed income advisory committee, january 2021 2 of 4 to comment and advise on proposals for the introduction of new fixed income indexes, new index weighting schemes, and instruments in the united states and to agree. May 30, 2017 london stock exchange group lseg has reached an agreement with citigroup inc. As part of the transaction, citi will remain a long term partner, collaborating with lseg on future development and support of certain models. Citi to acquire the yield book and citi fixed income indices, a fixed income analytics platform and index business comprising a family of fixed income indices including the wgbi together the business for. The london stock exchange group plc, which last week agreed to buy citigroup incs. Empire state development announces london stock exchange. Assistant vice president at citi yield book buffaloniagara, new york area 79 connections. Lseg to acquire the yield book and citi fixed income.
London stock exchange group plc lseg to acquire the yield. Victoria transport policy institute, and oxford economics. Lseg to acquire citigroups yield book and citi fixed income. As they explain, the yield book provides analytical tools for investors and traders in corporate, government and mortgage bonds, as well as derivatives and other securities. Icb, mergent, the yield book, are a trade marks of the relevant lse group. Lse eyes more index deals after agreeing to buy citis yield book.
For example, the citi world government bond index has become ftse. The partnership between citi and the yield book, which has spanned over 30 years, will continue into the future. The deal which includes the world government bond index is part of the exchange operators plan to expand its ftse russell franchise and data and analytics business. Account manager at yield book london stock exchange group lseg. London stock exchange appoints waqas samad as group director.
Dave bartlett director london stock exchange group. It owns the london stock exchange on which it is also listed, refinitiv, lseg technology, 2 ftse russell, and majority stakes in lch and tradeweb. The yield book platform was developed by citibank in the late 1980s and soon grew to be one of the worlds most trusted sources for fixedincome analytics. Ftse russell and refinitiv extend fixed income relationship refinitiv. Yield book and citis fixed income indices by london stock exchange. Yield book relationship manager at london stock exchange group lseg. Yield book suite of products and solutions offers a comprehensive package of analytical tools that combine markettested. Lseg to acquire citigroups yield book and citi fixed. The lse is located in westminster, central london, near the boundary. The yield book and citi fixed income indices businesses have a client base of more than 350 institutions offering services used to analyse. Lse to buy citi portfolio in passiveinvesting bet marketwatch. Yixuan shawn shen quantitative portfolio manager, asset.
The deal, which includes citi s yield book platform and its world government bond index, is the uk bourse operators first purchase since the collapse of its merger with germanys deutsche. London stock exchange group secures office space in downtown. Dave bartlett director london stock exchange group lseg. The yield book, formerly part of citi, will relocate its buffalobased. Following london stock exchange groups lseg acquisition of the yield book.
The yield book s highly respected analytics platform is operating in its third decade and serves approximately 350 institutions globally including investment management firms, banks, central banks, insurance companies, pension funds, brokerdealers, hedge funds and investment management firms. In the first big deal since its merger with rival deutsche borse collapsed, the lse has acquired citi fixed income indices and the yield book, a bond analytics. The yield book and citi fixed income indices businesses have a client base of more than 350 institutions offering services used to analyze fixed income. Answering three questions can help guide the process of. Ftse, russell, ftse russell mts, ftse4good, icb, mergent, the yield book, beyond ratings and all other trademarks and service marks used herein whether registered or unregistered are trademarks andor service marks owned or licensed by the applicable member of the lse. May 30, 2017 citi has entered into an agreement to sell its fixed income analytics and index businesses to london stock exchange group lseg for a total cash cons. Annual management charge amc, please refer to the fund guide.
This has cut the city of london adrift from its biggest customer and facing listings competition from amsterdam, where the bulk of euro share. Head of buffalo office for research and access strategies at citi buffaloniagara falls area. Ftses range of fixed income indexes are designed, calculated, and published by ftse index and may be licensed for use as underlying indexes for otc or exchangetraded derivatives and investment products, including etfs, swaps, structured products, warrants, and certificates. Joined ftse russell following london stock exchange groups acquisition of the citi yield book and fixed income indices business in sep 2017. Citi to acquire the yield book and citi fixed income indices, a fixed income analytics platform and index business comprising a family of fixed income indices including the wgbi together the business for a total cash. For example, the world bank suggests that more compact city development in china could save. Announcement the yield book and citi fixed income acquisition. This is another example of how buffalo is now able to compete to keep. Lseg acquiring yield book and citi fixed income indices. Brieflse completes acquisition of yield book, citi fixed. Additionally, citi will continue to be a significant customer of the yield book. May 30, 2017 london stock exchange group plc agreed tuesday to buy a portfolio of fixedincome indexes and related analytics services from citigroup inc.
Deal to acquire citi s fixed income indices and the yield book announced in may this year has closed. London stock exchange group secures office space in. By anthony noto reporter, new york business journal. Brieflse completes acquisition of yield book, citi fixed income indices from citigroup. Access marketleading data and models for indepth fixed income security and portfolio analysis ranging from vanilla bonds to highly structured mortgages and complex derivatives. Ftse russell is wholly owned by london stock exchange group. Citi announces sale of its fixed income analytics and index. Lse bolsters ftse russell franchise with acquisition of citi fixed. Steven dick manager senior lead developer london stock. Lse to buy citigroups analytics, fixedincome index. Lse eyes more index deals after agreeing to buy citis. But while it remained a favored product of market makers and institutional investors over the following decades, citibank recognized the need for a refresh to ensure the platform remained. Lse eyes more index deals after agreeing to buy citi s yield book.
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