London Stock Exchange Group Plc (LSE.L) or LSE will announce as early as Monday that it will take a stake of about 60% in Turquoise, according to media reports.
LSE will make an initial investment of about £20 million in Turquoise, a trading system set up by the exchange's customers as an alternative to the LSE, reports said.
In the Turquoise deal, the nine banks behind the system, including Deutsche Bank AG, Morgan Stanley and UBS AG, will retain a minority stake, reports noted.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.