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
Auto Blog
33 minutes ago
- Auto Blog
See How the Rivian R2's Advanced Suspension Elevates Your Drive
Rivian's upcoming mid-size electric SUV, the R2, is set to arrive in early 2026. Take a look at what to expect from its innovative suspension technology here. The Rivian R2 should arrive early next year Expected to become available in early 2026, Rivian's upcoming R2 is a midsize, fully electric SUV that will slot beneath the R1S and R1T in the automaker's lineup and will provide a more rugged alternative to established electric crossovers such as the Tesla Model Y and the Ford Mustang Mach E. As we eagerly await the arrival of Rivian's third-ever model, we can now take a closer look at the R2's innovative suspension system, as shared on Instagram by the brand's founder and CEO, RJ Scaringe. According to Scaringe's Instagram post, the 'R2 multi-link rear suspension includes 5 stamped steel links and uses an isolated rear subframe to deliver incredible ride quality and handling.' In an automotive first, the Rivian R2's rear suspension resembles a 'starfish' in an effort to 'reduce unsprung mass to support enhanced ride quality.' Judging by the comments on RJ's Instagram post, it seems that people are generally very excited by the innovative suspension system. Perhaps most importantly, the brand CEO's fascination with seemingly small details such as the R2's rear suspension system echoes the automaker's attention to detail, which seems to have resonated with buyers and enthusiasts alike. Rivian R2 — Source: Rivian The Rivian R2 is set to be a game changer Featuring two unique battery sizes, the Rivian R2 will reportedly be available with over 300 miles of all-electric range and a 0-60 miles per hour time of under three seconds. Perhaps the most notable feature of the Rivian R2 is its size. Claimed to be a true SUV, rather than a crossover, the modest-yet-ample sizing of the Rivian R2 reminds us of a popular segment of SUVs that, into the late-2000s and early-2010s, saw most of its models morph into softer, less-rugged crossovers, such as the Jeep Cherokee, the Ford Explorer, and the Chevrolet Blazer. Now that boxy and rugged-yet-practical SUVs are regaining popularity, Rivian is set to be ahead of the game by offering a vehicle in a class that seems to have been entirely neglected for far too long, even by more traditional combustion-powered options. Rivian R2 — Source: Rivian Final thoughts While the upcoming Rivian R2 seems like it's set to be one of the most exciting and most usable electric SUVs introduced to date, perhaps the most eagerly anticipated feature is the R2's supposed price tag, which is expected to start around $45,000 USD. That's about the same price as a 2025 Ford Explorer ST-Line, a Toyota Highlander Hybrid, or a Tesla Model Y without the federal EV tax incentive included, despite offering superior interior spaciousness and rugged, off-road-ready chops. We're eagerly awaiting the Rivian R2's imminent arrival in early 2026, and we're excited to see how it stacks up against more established EV SUVs. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. About the Author Cole Attisha View Profile
Reuters
4 hours ago
- Reuters
Argentina launches $2 billion repurchase agreement to boost reserves
BUENOS AIRES, June 9 (Reuters) - Argentina's central bank will launch a repurchase agreement of up to $2 billion, known as a REPO, to boost its foreign reserves, it said on Monday. The deal - announced alongside other measures to increase the central bank's reserves - comes ahead of an expected review with the International Monetary Fund (IMF) of the country's recently signed $20 billion loan agreement. Argentina needs to boost its reserves ahead of the review, and has said it will not purchase dollars locally to do so. On Monday, the bank reported $38.60 billion in reserves, short of the $40 billion needed. The REPO deal is set for Wednesday, the central bank said in a statement.
Finextra
6 hours ago
- Finextra
Very important feedback to the EU-commission from Findynet: By Bo Harald
Focus on Credentials, Not Wallets The core value of digital credentials—electronic attestations of attributes—lies in their ability to facilitate automated processing and verification. These capabilities enable businesses and organisations to significantly improve efficiency and trust in their digital transactions. When credentials are structured and machine-readable, they can be processed automatically. When digitally signed, their authenticity and integrity can be verified without manual intervention. Digital wallets, or agents, serve as convenient tools for acquiring, managing, and sharing these credentials. Whether embedded in enterprise systems (such as ERP, HR, and CRM) or integrated via suitable protocols, these agents make credential use seamless for businesses. The specific form of the wallet is less important than the ability to participate in trusted digital interactions. Prioritise Flexibility and Innovation The legislation should prioritise flexibility in implementation. Allowing room for innovation will enable market dynamics to shape the most effective solutions. This ensures that businesses can adopt tailored approaches that align with their operational needs and strategic goals. Regulate the Public Sector Regulatory focus should be on empowering public sector organisations to issue and accept digital credentials. Businesses naturally adopt more efficient methods when incentivised by market forces. In contrast, public sector entities often require regulatory mandates to modernise. Ensuring public sector participation will accelerate adoption and interoperability across industries. Enable Accountable Authorities To ensure the reliability of digital credentials in business contexts, a robust trust framework is essential. While current eIDAS legislation focuses on natural persons, the initiative must also support credentials for legal entities, such as licences, certifications, and attestations. The credibility of these credentials depends on the authority and verifiability of their issuers. Competent authorities should attest to the legitimacy of issuers. For example, a banking authority should confirm which organisations are licensed banks; a healthcare authority should validate healthcare providers; and an education authority should identify accredited institutions. This framework underpins real, verifiable trust. Provide a Legal Framework, Not Software Design The regulation should define the legal environment for trusted digital interactions, not prescribe technical implementations. Liability and accountability for credential issuers must be clearly defined to unlock the full benefits of verifiable credentials. Interoperability is crucial. While it may be tempting to regulate technical specifications, the amended eIDAS regulation already provides sufficient guidance. Additional technical mandates could stifle innovation. The legislation should instead support the evolution of standards that respond to emerging business needs. Policymakers and technical experts should focus on enabling automated agents to act on behalf of their owners in verifiable, multi-stakeholder transactions, creating new opportunities for businesses to engage in secure and efficient digital ecosystems. Conclusion The EU Business Wallet initiative has the potential to reduce administrative burden and improve regulatory compliance by fostering the use of digital credentials. By focusing on credentials, enabling public sector participation, and supporting a flexible trust framework, the initiative can unlock new opportunities for businesses to thrive in the digital economy, where authorisations and transaction outputs are not just documents, but dynamic, verifiable instruments of automation and trust.
