LSEG teams up with NVIDIA for faster market data processing

On October 14, the London Stock Exchange Group (LSEG) announced a partnership with Nvidia to enhance the speed and efficiency of processing and analyzing vast amounts of historical market data. LSEG, which operates the London Stock Exchange and provides data and analytics services, aims to support diverse market demands while maintaining control over its licenses and offerings.

Leveraging Nvidia's specialized processors, LSEG believes it can analyze every trade and price quote in seconds, making research faster and more closely aligned with real-time trading cycles. Ron Lefferts, co-head of data & analytics at LSEG, emphasized the growing demand for detailed historical data at speed from customers. LSEG's Tick History, containing approximately 110 trillion rows of data across 100 million instruments from 30 years and 580 exchanges, will benefit from this collaboration.

The company plans to launch LSE 24, a night-time trading site for some exchange-traded products, in the coming year.