LSEG to acquire Acadia to strengthen Post Trade offering for the uncleared derivatives space

Rick Steves

“The acquisition of Acadia is part of LSEG’s strategy to enhance and grow our multi-asset Post Trade offering for the uncleared derivatives space.”

London Stock Exchange Group has agreed to acquire Acadia to further its strategy to enhance and grow its multi-asset Post Trade offering for the uncleared derivatives space, with over $1 trillion in collateral exchanges daily.

Founded in 2009, Acadia provides automated uncleared margin processing and integrated risk and optimization services for the global derivatives community.

Acadia’s risk and margining products span all OTC derivative asset classes and provide direct connectivity to over 2,000 market participants.

Significant efficiencies in risk management, margining and collateral

Daniel Maguire, Group Head, Post Trade, LSEG & CEO, LCH Group said: “The acquisition of Acadia is part of LSEG’s strategy to enhance and grow our multi-asset Post Trade offering for the uncleared derivatives space. Our customers are looking for more ways to optimise their financial resources, and Acadia’s services enable significant efficiencies in risk management, margining and collateral. I look forward to working with Chris and the team at Acadia to continue to innovate and drive efficiencies across the derivatives landscape.”

Chris Walsh, CEO, Acadia said: “This transaction is a significant milestone for our business, and we are delighted to be joining LSEG. They have a strong track record serving the derivatives marketplace and combining this with Acadia’s expertise in risk mitigation, margining and collateral will result in exciting opportunities for our clients to optimise their post trade operations more efficiently.”

LSEG has held a minority stake in Acadia since 2018 and has supported the business in driving substantial growth in recent years. Acadia is seen as highly complementary to LSEG’s Post Trade capabilities and should strengthen LSEG’s provision of resilient and systemically important financial market infrastructure to customers.

Following completion, Acadia will be part of LSEG’s Post Trade division, with CEO, Chris Walsh reporting to Daniel Maguire, Group Head of Post Trade, LSEG. The transaction is subject to regulatory approval.

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