{"id":93555,"date":"2026-07-30T07:00:36","date_gmt":"2026-07-30T07:00:36","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/93555\/"},"modified":"2026-07-30T07:00:36","modified_gmt":"2026-07-30T07:00:36","slug":"lseg-boss-hails-growing-momentum-of-pisces-as-profit-soars","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/93555\/","title":{"rendered":"LSEG boss hails \u2018growing momentum\u2019 of Pisces as profit soars"},"content":{"rendered":"<p>\t\t\tThursday 30 July 2026 7:56 am\n\t\t\t<\/p>\n<p><img width=\"742\" height=\"495\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/Wayve-car-in-London.jpg\" class=\"media \" alt=\"Wayve autonomous vehicle navigating a busy London street with iconic cityscape in the background\" fetchpriority=\"high\" loading=\"eager\" decoding=\"sync\"  \/>\t\tAutonomous driving startup Wayve became one of the first companies to use LSEG&#8217;s Pisces venue for its employee secondary share sale\t<\/p>\n<p class=\"wp-block-paragraph\">The boss of London Stock Exchange operator LSEG has hailed the \u201cgrowing momentum\u201d of its new Pisces venue as it reported a jump in profit.<\/p>\n<p class=\"wp-block-paragraph\">Chief executive David Schwimmer said the new private markets venue, which recently saw some of its first major transactions, was \u201copening up significant new market opportunities.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Earlier this month, autonomous driving startup <a href=\"https:\/\/www.cityam.com\/wayve-hands-london-private-market-major-boost-with-85m-share-sale\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Wayve became one of the first companies<\/a> to use the venue for its employee secondary share sale, followed by another from London fintech Moneybox.<\/p>\n<p class=\"wp-block-paragraph\">LSEG reported a 6.9 per cent rise in turnover to \u00a34.8bn for the first six months of the year, while pre-tax profit soared by almost a third to \u00a31.3bn.<\/p>\n<p class=\"wp-block-paragraph\">Alongside Pisces, LSEG is also gearing up to launch its new round-the-clock securities venue, <a href=\"https:\/\/www.cityam.com\/london-stock-exchange-unveils-lse24-round-the-clock-trading-venue\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">dubbed LSE 24<\/a>, in a bid to boost liquidity and lure retail investors away from other 24-hour venues like crypto exchanges.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe are combining all of this innovation with a material improvement to margins and exceptional cash flow growth,\u201d Schwimmer said.<\/p>\n<p class=\"wp-block-paragraph\">The FTSE 100 firm completed a record \u00a32.1bn share buyback in the first half of the year, with another \u00a31.4bn to come in 2026. LSEG upped its dividend by 17 per cent to 55p.<\/p>\n<p class=\"wp-block-paragraph\">Earlier in the year, LSEG was one of a number of London tech and data stocks that suffered a sharp sell-off amid investor fears their margins would be eroded by the rise of the major AI firms.<\/p>\n<p class=\"wp-block-paragraph\">But the firm has since doubled down on its profitability and use of AI, with the stock up by around five per cent since the start of the year.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/moneybox-boosts-londons-pisces-market-in-milestone-45m-sale\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Moneybox boosts London\u2019s Pisces market in \u2018milestone\u2019 \u00a345m sale\u00a0<\/a><\/p>\n<p>\t\tSimilarly tagged content: <\/p>\n<p>\t\t\tSections\t\t<\/p>\n<p>\t\t\tCategories\t\t<\/p>\n<p>\t\t\tPeople &amp; Organisations\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Thursday 30 July 2026 7:56 am Autonomous driving startup Wayve became one of the first companies to use&hellip;\n","protected":false},"author":2,"featured_media":93556,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21266],"tags":[633,320,321,9581,11151,160,18,36236,431],"class_list":["post-93555","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london-stock-exchange-group","tag-business","tag-ftse-100","tag-london-stock-exchange","tag-london-stock-exchange-group","tag-lseg","tag-markets","tag-news","tag-pisces","tag-uk-economy"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117007641761802930","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/93555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=93555"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/93555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/93556"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=93555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=93555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=93555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}