London Stock Exchange’s CurveGlobal Launch Delayed Until Q3
Interest rate derivatives exchange was due to launch in Q2 this year, delayed to improve customer readiness.
![The entrance to the London Stock Exchange The entrance to the London Stock Exchange](/sites/default/files/styles/landscape_750_463/public/import/IMG/189/164189/london-stock-exchange-sign-580x358.jpg.webp?itok=xGp9LEuh)
Originally announced in October last year to compliment LSEG's existing LCH.Clearnet clearing business, CurveGlobal was due to go live in May this year and provide "a competitive offering in the interest rates futures market", offering trading in Short Term Interest Rate (STIR) futures in Euribor and Short Sterling and Long Term Interest Rate (LTIR) futures in Bund, Bobl, Schatz and Gilts. CurveGlobal is now expected to launch in Q3 this year.
A number of major banks, including Bank of America Merrill Lynch, Barclays, Citi, Goldman Sachs, JPMorgan and Societe Generale, were announced as shareholders of the venture.
A spokesperson for LSEG told WatersTechnology: "Following close consultation with partners and customers we have taken the view that moving the launch of CurveGlobal to Q3 will provide a significantly richer experience for market participants."
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