LSE forced to rework Curve deal over merger risks

Banks demand LSE use its own cash while waiting for verdict on Deutsche Börse tie-up

do not use 211122
Backers feared regulators could force LSE to divest its stake in the venture

The London Stock Exchange Group (LSEG) has been forced to restructure the agreement it struck with a group of banks to run CurveGlobal – its long-awaited interest rate futures venture, which launches today (September 26) – in a move driven by uncertainties around LSEG's pending merger with Deutsche Börse Group, has learned.

The fear among Curve's backers was that, in the worst-case scenario, regulators could force LSEG to divest its stake in the venture – which will compete with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here