Announced
Synopsis
London Stock Exchange Group, a British-based stock exchange and financial information company, agreed to acquire Acadia, a provider of automated uncleared margin processing and integrated risk and optimisation services. Financial terms were not disclosed. “The acquisition of Acadia is part of LSEG’s strategy to enhance and grow our multi-asset Post Trade offering for the uncleared derivatives space. Our customers are looking for more ways to optimise their financial resources, and Acadia’s services enable significant efficiencies in risk management, margining and collateral. I look forward to working with Chris and the team at Acadia to continue to innovate and drive efficiencies across the derivatives landscape," Daniel Maguire, LCH Group Head, Post Trade & CEO.
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