The exchange contributes around three per cent of annual revenues of its parent group
The chief executive of the London Stock Exchange Group (LSEG), David Schwimmer, expressed optimism about the future of London as a financial hub despite a recent trend of companies relocating their listings to New York. Schwimmer noted that there is little evidence to suggest that such moves ultimately benefit companies, emphasizing London's strength as a capital-raising center and highlighting ongoing reforms and innovations in the market. He acknowledged that the actual London Stock Exchange contributes only around 3% of LSEG's annual revenues, with the majority of the group's income derived from data analytics and technology services.
