The Deal of the Millennium

Such an investment is long overdue for the LSE. Most of the LSE's global competitors have already acquired third-party technology providers and integrated them into their businesses. The Nasdaq Stock Market acquired OMX, NYSE Euro­next spun out its NYSE Technologies offering, and Chi-X Global purchased data technology vendor Cicada as the foundation of its Chi-X Technology (Chi-Tech) business.

According to LSE officials, the exchange operator initially examined 20 candidates to provide a

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