London, Feb 10, 2026, 08:34 GMT — Regular session.
- LSEG edged up roughly 0.5% in early trading to 7,560p, building on Monday’s 7,522p finish.
- FTSE Russell pushed back its Indonesia index review. The FCA, for its part, laid out plans to release more comprehensive UK share-trading data.
- LSEG announced another round of share buybacks as part of its ongoing repurchase program.
London Stock Exchange Group (LSEG.L) shares edged up 0.5% to 7,560 pence by 0835 GMT on Tuesday, picking up from Monday’s 7,522 close. So far, the stock’s been moving between 7,472 and 7,622 pence, set against a 52-week range stretching from 6,684 up to 11,915.
The London Stock Exchange’s parent — which also owns Refinitiv — finds itself once again caught up in market disputes over transparency and access. It’s not a trivial issue: a sizable portion of the company’s profits depends on investor trading volumes, demand for its data, and the disclosures regulators force firms to make.
Those headlines landed at an odd moment. Investors in London have been sizing up what qualifies as “real” liquidity and scrutinizing how index providers call a market investable. With passive funds shadowing those benchmarks, money shifts in a hurry whenever the rules change.
FTSE Russell has delayed its March review of Indonesia, saying another update will come before its global review set for May. The country classification announcement is still pegged for April 7. Effective immediately, the firm won’t add newly listed Indonesian stocks to its products, pointing to ongoing uncertainty over free float—shares available to trade. “The pause gives regulators time to fix free-float and data integrity issues properly,” said Mohit Mirpuri, fund manager at SGMC Capital. Reuters
Britain’s Financial Conduct Authority is looking to gather and release all trading data for shares listed in London, pulling in figures from every venue—including the dark pools favored by institutions. The move, pitched as a quick fix ahead of a full “consolidated tape” that would pull real-time equity data together in a single stream, comes as London tries to counter a slump in listings. “The truth is we have way more liquidity here than is often reported and that is just silly,” said Simon Walls, interim director of markets at the FCA. Reuters
LSEG highlighted fresh buyback activity, announcing it bought back 381,934 shares on Feb. 9 at an average 7,551.87 pence apiece. Those shares are set to be cancelled, which will bring total voting rights down to 505,721,098.
Traders in India reported that LSEG’s spot FX matching platform was back to normal after those Feb. 9 technical hiccups that slowed down trades on the dollar/rupee pair. The company hasn’t commented. “Bid-offer spreads were relatively wider in early trading,” said a trader at a Mumbai bank, pointing to the distance between buying and selling prices. Reuters
Risk appetite held up in early European hours, following gains across Asian equities where Tokyo’s Nikkei notched a new all-time high. Investors are eyeing a packed U.S. data slate later this week, which could sway views on interest rates.
Still, risks cut both ways. Step up transparency too much and the battle shifts to fees and market data. And if platform outages crop up again, regulators could swoop in when it hurts most.
Eyes are on LSEG’s FY 2025 preliminary numbers, set for release Feb. 26. Chief executive David Schwimmer and finance chief Michel‑Alain Proch plan to host a webcast then. Investors are watching for news on the buyback, any regulatory shifts, and appetite for LSEG’s market data and analytics.
