London Stock Exchange Group selected by Argentinian CSD

  • MillenniumIT to provide capital markets technology
  • LSEG and Caja de Valores S.A. (CVSA) to develop business and technology partnership

London Stock Exchange Group today announced that it has been selected as the business development and technology partner by the Argentinian Central Securities Depository (CSD), Caja de Valores S.A. (CVSA). CVSA acts as the technology provider to the newly formed Bolsa & Mercados Argentinos exchange (B&MA). MillenniumIT, LSEG’s proprietary technology company, will supply capital markets technology across asset classes, including its ultra low latency, highly scalable trading platform, Millennium Exchange.

London Stock Exchange Group will also provide a range of ancillary services alongside the trading technology agreement to help further develop the Argentinian capital markets.

Mack Gill, CEO of MillenniumIT, said: “This is a significant contract win for us. Argentina is one of the largest economies in Latin America and we are delighted they have chosen MillenniumIT to further develop their capital market infrastructure. MillenniumIT has shown again that its highly scalable, low latency platform appeals to providers of capital markets around the world.”

Antoine Shagoury, COO of London Stock Exchange Group said: “LSEG is excited about the partnership opportunity to facilitate the next stage of Caja de Valores’ and B&MA development. Argentina continues to develop its market infrastructure and LSEG is looking forward to providing its extensive expertise and assistance at this critical time.”

Guillermo Lolla, Chairman of Caja de Valores S.A. said “We are pleased to have chosen London Stock Exchange Group’s MillenniumIT as our technology provider after an extensive selection process. We also look forward to developing a strong partnership with LSEG to exploit their expertise, with specific focus on trading and post-trade services.”

Mr Ernesto Allaria, Director of B&MA said “Selecting MillenniumIT as our technology provider offers B&MA significant opportunities to take advantage of more globally interconnected markets. This represents an important step forward for B&MA as well as the rest of Argentina’s capital markets”. 

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For further information please contact:
Ed Clark, Press Office
+44 (0)20 7797 1222
newsroom@londonstockexchange.com

About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international exchange Group that sits at the heart of the world's financial community. The Group can trace its history back to 1801.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and the Pan-European equities and derivatives platform, Turquoise. Through its markets, the Group offers international business, and investors, unrivalled access to Europe's capital markets.

Post trade and risk management services are a significant and growing part of the Group’s business operations. LSEG operates CC&G, the Rome headquartered CCP and Monte Titoli, the significant European settlement business, selected as a first wave T2S participant. The Group is also a majority owner of leading multi-asset global CCP, LCH.Clearnet.
The Group offers its customers an extensive range of real-time and reference data products, including Sedol, Unavista, Proquote and RNS, as well as access to over 200,000 international equity, bond and alternative asset class indices, through LSEG’s world leading index provider, FTSE.

London Stock Exchange Group is also a leading developer of high performance trading platforms and capital markets software. In addition to the Group’s own markets, over 30 other organisations and exchanges around the world use the Group’s MillenniumIT trading, surveillance and post trade technology.

Headquartered in London, United Kingdom with significant operations in Italy, France, North America and Sri Lanka, the Group employs approximately 2,800 people.

Further information on London Stock Exchange Group can be found at: www.lseg.com