London Stock Exchange Group PLC
LSEG: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| GBX 4,119.00 | Jmjs | Jysrnyxlc |
LSEG Posts 2021 Ahead of Our Expectations; Trading and Banking Progress Continues; FVE Increased
Business Strategy and Outlook
The London Stock Exchange Group, or LSEG, has doubled down on its market data and analytics strategy. After the Refinitiv acquisition, the new group is now vertically integrated from pretrading data and analytics over trading venues down to post-trade clearing and reporting, albeit dominated by its data business. Importantly, its assets form a strong symbiotic relationship wherein intellectual property generated within one strengthens the offering of the other, inducing demand for the group’s services.