The London Stock Exchange views 2021 as a year of progress.

The FX business of the Exchange expanded and innovated this year, increasing volumes and adding more than 200 customers to its portfolio. LSE launched new capabilities in FXall and Matching, helping its customers to trade more efficiently, confidently, and profitably and it enhanced liquidity in the interdealer FX Swap market by automating trade execution.

Further, the London Stock Exchange strengthened its commitment to deepen financial markets in Indonesia and the Asia Pacific region by launching its leading global electronic trading Matching service in Indonesia. The launch represented Indonesia’s first interbank electronic marketplace for the trading of Rupiah.

In May, LSE announced the further investment to accelerate its development of future capabilities and it launched Workspace for FX Trading in November, which will enable its 16,000-user community to experience a powerful next-generation customisable workflow tool.

It also improved transparency with a new generation of trade analytics and continue to advocate best practices across the industry, following the update to the FX Global Code in July.

In addition, in 2021, the London Stock Exchange created a single, unified Securities Trading team across all venues, providing streamlined access to London Stock Exchange, Turquoise and Turquoise Europe. It continued to offer a greater number of attractive opportunities for investors in Asia and is proud to have 20 Asian member firms on London Stock Exchange and Turquoise supporting trading access to London.

The Exchange saw continued growth of its International Order Book with Korea, India and Kazakhstan all helping to drive growth in the order-book turnover. Trading in South Korean Depository Receipts (DRs) grew by 21% YoY (as of November 2021), and Kazakh DRs more than doubled compared to the same period in 2020 (as of November 2021). LSEG’s team deployed a novel extended auction process to enable the Wise direct listing.

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