Xavier Rolet, CEO of the London Stock Exchange Group (LSEG), has called the potential merger with Deutsche Börse a “compelling opportunity”, suggesting that a deal would strengthen both companies.
In its 2015 results statement, LSEG suggested that combining complementary growth strategies, products and services would be beneficial both to shareholders and customers.
According to the report, benefits could include cross-margining between listed and over-the-counter derivatives clearing, subject to regulatory approvals.
Talks are still ongoing, and there is no certainty that a transaction will go ahead. Any deal would be subject to regulatory approval, acceptance and approval from shareholders, and other customary conditions.
Rolet said: "This represents a compelling opportunity to strengthen each other in an industry-defining combination, by creating a global market infrastructure group with significant benefits for our customers and shareholders."
The statement made no mention of Intercontinental Exchange, the US-based exchange operator and owner of the New York Stock Exchange, which has also expressed interest in striking a deal with LSEG.
