Based in 2012, MayStreet offers low latency expertise and market knowledge to over 65 business contributors, together with banks, asset managers and hedge funds.
The agency has an present industrial partnership with LSEG to help the change’s Actual-Time Direct feed providing.
It has additionally served as a market knowledge supplier to the SEC’s Market Data Information Analytics System (Midas) since 2019.
Stuart Brown, group head of enterprise knowledge options, LSEG, describes the acquisition as a major milestone for its market knowledge enterprise: “Including MayStreet’s low latency area experience to our present capabilities allows us to deliver elevated worth to prospects’ digital buying and selling workflows throughout various use circumstances, together with quantitative modelling, analysis and programmatic buying and selling.”
The acquisition is anticipated to shut in H1 2022. Phrases of the transaction weren’t disclosed,The London Inventory Alternate has signed an settlement to accumulate market knowledge vendor MayStreet.,
