LSEG to provide trading technology to Brazilian digital exchange A5X
LSEG (London Stock Exchange Group) today announced that it has signed a strategic agreement to provide its trading, clearing, and market surveillance technology to A5X, S.A. (A5X), Brazil's first next-generation derivatives and futures exchange of its kind.
0
This announcement follows intensive joint design efforts to tailor LSEG's systems specifically for the Brazilian market, regulators, and A5X's unique requirements, a critical step in the platform's development and a key enabler of its swift and successful deployment.
Under the agreement, LSEG will deliver its integrated market infrastructure technology suite, including pre-trade risk management, ultra-low latency matching engine, market data distribution and real-time surveillance, and will provide end-to-end post-trade platform including clearing, settlement, and risk management.
A5X will operate LSEG's suite, integrating it into its state-of-the-art technology ecosystem. Designed for rapid configuration and seamless upgrades, the combined solution brings a powerful technology stack to the Brazilian market to help drive growth, liquidity, and innovation.
Ron Lefferts, Group Head of Sales & Account Management, LSEG:
'As Brazil's economy grows and its markets continue to evolve, LSEG will deploy its real-time insights, performance analytics, and market infrastructure expertise to empower A5X in its journey of creating a more robust, innovative and efficient market in Brazil. Embedded in financial systems worldwide, our technology powers economies by strengthening market resilience, supporting compliance, and enabling traders to make data-driven decisions.'
Carlos Ferreira, Chief Executive Officer, A5X:
"We are incredibly honored to have the opportunity to bring LSEG to our side on the journey of creating a more efficient and innovative market in Brazil, driving growth and transformation. A5X was born to improve the experience of all investors in Brazil and the technology partnership with LSEG, combined with the access to its deep knowledge of global markets and products, materially strengthens our position to achieve this goal.'
A5X aims to be ready for regulatory testing by Q4 2025 and for commercial launch of the new platform in H1 2026. The partnership lays the groundwork for a seamless, end to end derivatives and futures ecosystem in Brazil and this could significantly reshape Brazil's financial landscape, designed to accelerate product innovation, enhance price discovery and streamline operational risk across the trade lifecycle.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
an hour ago
- Reuters
Brazil government revises IOF taxes after pushback, tweaks investment levies
SAO PAULO, June 11 (Reuters) - The Brazilian government published on Wednesday an executive order altering taxes levied on investments, as well as a new decree walking back part of the recently announced hikes on the IOF tax on financial transactions. The government had announced in May the increase of the IOF tax, including on credit and foreign-exchange transactions, to boost public revenues. The move triggered strong pushback from both Congress and market players, prompting the government to seek an alternative path as lawmakers threatened to overturn the measure. Wednesday's executive order, which will need Congress' approval to remain valid, includes measures previously unveiled by Finance Minister Fernando Haddad, such as taxes on investment income and capital gains, including stocks and bonds, at 17.5%, replacing the current sliding scale of 15% to 22.5%. It also sets a 5% income tax on investments currently except from income levy, and raises the income tax rate levied on so-called interest on equity (JCP) payments to 20% from 15%.
Reuters
3 hours ago
- Reuters
IMF, Ecuador reach agreement on proposed augmentation of $1 billion
QUITO, June 11 (Reuters) - The International Monetary Fund said on Wednesday that it reached a staff-level agreement with the Ecuadorean authorities on the second review for a proposed augmentation of $1 billion. Amid a more challenging external environment, the authorities have requested an increase of the original arrangement from $4 billion to $5 billion, the IMF said. The move seeks to bolster financial backing for Ecuador's efforts to consolidate economic stability and promote inclusive development, Ecuador's Economy and Finance Ministry said in a post on X. The technical agreement will be evaluated by the IMF Executive Board in the coming weeks. Approval of the second program review would unlock a new disbursement to further strengthen Ecuador's fiscal and external position, the ministry added.
Reuters
5 hours ago
- Reuters
Brazil's top court forms majority to hold social media platforms accountable for users' posts
BRASILIA, June 11 (Reuters) - Brazil's Supreme Court formed a majority on Wednesday to hold social media companies accountable for the content published by users on their platforms in the country.
