LSEG Acquires Axoni’s Veris Post-Trade Technology Business

Intercontinental Exchange (ICE) to Acquire MarketAxess Holdings for $5.7 Billion

August 2, 2026

Financial Services

Intercontinental Exchange (ICE) has entered into a definitive agreement to acquire MarketAxess Holdings for $167 per share in cash, valuing the transaction at about $5.7 billion on an enterprise-value basis. The combined fixed-income marketplace is designed to integrate electronic execution and market data with ICE’s broader retail and wealth trading franchise.

LSEG to Acquire Acadia to Enhance Post Trade Offering

December 19, 2022

Financial Services

London Stock Exchange Group (LSEG) has agreed to acquire Acadia, a provider of automated uncleared margin processing and integrated risk, margining and collateral optimisation services for the global derivatives community. The deal brings Acadia into LSEG's Post Trade division to strengthen its uncleared derivatives capabilities; terms were not disclosed and the transaction is subject to regulatory approval.

LSEG Acquires MayStreet

May 18, 2022

Data & Analytics

London Stock Exchange Group (LSEG) has signed an agreement to acquire MayStreet, a provider of global low-latency market data and technology. The acquisition expands LSEG's Enterprise Data Solutions capabilities across the latency spectrum to strengthen real-time feeds and front-office data offerings; the deal is expected to close in H1 2022 and financial terms were not disclosed.

LSEG Acquires TORA for $325 Million

February 22, 2022

Cloud & SaaS

London Stock Exchange Group (LSEG) has agreed to acquire TORA, a cloud-based multi-asset trading technology provider, for $325 million. The deal expands LSEG's Trading & Banking Solutions capabilities—notably adding digital-asset trading functionality—and will fold TORA into LSEG's Data & Analytics division upon closing.

MarketAxess Acquires LiquidityEdge

November 4, 2019

Financial Services

MarketAxess Holdings Inc. completed the acquisition of LiquidityEdge on November 1, 2019 for approximately $150 million (about $100 million cash plus 146,450 shares of MarketAxess common stock). The purchase adds an electronic U.S. Treasuries marketplace and broker-dealer capabilities to MarketAxess' fixed-income trading platform, expanding its treasury trading and hedging capabilities for institutional clients and dealers.

TRG Screen Acquires Axon Financial Systems

June 20, 2019

Software

TRG Screen has acquired Axon Financial Systems to integrate Axon's exchange policy and compliance solutions (PEAR, ADS, ACT, ADP) into TRG's FITS and INFOmatch subscription spend platforms. The deal will combine TRG's enterprise subscription spend management capabilities with Axon's compliance tooling to provide a joined spend, usage and compliance solution for financial market data consumers, exchanges and vendors; financial terms were not disclosed.