LSEG and Google sign data agreement

RNS Number : 7998X

London Stock Exchange Group PLC

21 February 2012

 



06/12

21 February 2012

London stock exchange group and google SIGN DATA AGREEMENT

- Agreement gives global Google users access to real-time 'last trade price' data for trades on LSE and Borsa Italiana

- Previously only available as 15-minute delayed data

- Highlights London Stock Exchange Group's commitment to making core real-time data services as accessible as possible for retail investors

London Stock Exchange Group plc ("LSEG" or "the Group") has signed a data licence agreement with Google to allow it to distribute real-time 'last trade price' data free of charge. Users of Google will, for the first time, be able to access London Stock Exchange and Borsa Italiana real-time trading data that was previously only available with a 15-minute delay.

The agreement is part of LSEG's on-going commitment to making core real-time data services as accessible as possible to retail investors around the world. Universally available, this free service on Google will give users who do not currently have access to real-time Group data, for the first time a selection of Level 1 trading data.

Commenting on today's announcement, Jarod Hillman, Head of Real-Time Data at LSEG said:

"This partnership between LSEG and Google is great news for retail investors across the globe. For the first time Google users will have access to free, real-time last-trade prices, allowing them to make more informed investment decisions.

"LSEG is committed to making the Group's markets as accessible as possible to the retail investor. Previously, this data has only been available with a 15-minute delay so we are delighted that Google has chosen to licence our real-time offering".

Maxim Edelman, Strategic Partnerships at Google said:

"Since the launch of Google Finance in 2006, we have worked hard to provide Google users with the best financial information. The addition of real-time quotes from the London Stock Exchange and Borsa Italiana will enable our users to better monitor market changes, manage their portfolios and track economic and financial developments in Europe."

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For further information please contact:

Lucie Holloway                                  Press Office [phone]

                                                            [e-mail]

Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community. 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 Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access and an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,850 people.

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

 

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