LSEG Agrees to Acquire Acadia to Enhance Its Post Trade Offering

London Stock Exchange Group plc (LSEG) announced on Monday that it has agreed to acquire Acadia, a leading provider of automated uncleared margin processing and integrated risk and optimisation services for the global derivatives community, aiming to further the exchange's strategy to enhance and develop its multi-asset Post Trade offering for the uncleared derivatives space.

LSEG has held a minority stake in Acadia since 2018 and has supported the business in driving substantial growth in recent years.

The acquisition will combined Acadia's deep domain expertise in margining, collateral and risk management and LSEG's Post Trade capabilities, strengthening the exchange's provision of resilient and systemically important financial market infrastructure to its customers.

"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," said Daniel Maguire, Group Head for Post Trade at LSEG & CEO at LCH Group.

"This transaction is a significant milestone for our business, and we are delighted to be joining LSEG. They have a strong track record serving the derivatives marketplace and combining this with Acadia's expertise in risk mitigation, margining and collateral will result in exciting opportunities for our clients to optimise their post trade operations more efficiently," said Chris Walsh, CEO at Acadia.

Following completion, Acadia will be part of LSEG's Post Trade division, with CEO, Chris Walsh reporting to Daniel Maguire, Group Head of Post Trade, LSEG.

The transaction is subject to regulatory approval and the terms of the transaction have not been disclosed.

The deal was made on the basis of the strong financial performance of LSEG. The exchange October released its financial results for Q3 2022, showing that it achieved strong growth across all division.