London Stock Exchange completes Proquote sale

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Sharecast News | 02 Nov, 2015

Updated : 08:33

London Stock Exchange Group has completed the sale of Proquote to supplier of technology for financial markets IRESS.

The FTSE 100 group did not provide any financial details of the sale of market data vendor and retail trading provider, which had first been agreed on 15 September.

“The group identified Proquote as not central to its strategy going forward for the enlarged Information Services Division and in IRESS identified the right partner for the business going forward,” the company said in a statement in September.

London Stock Exchange Group share were down 0.51% to 2,532.00p at 0817 GMT on Monday.

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