LSEG Technology to Power Brazilian Exchange

The London Stock Exchange Group (LSEG) has entered an agreement to provide trading, clearing and market surveillance technology to power Brazil’s next-generation derivatives and futures exchange, A5X.  According to a story in The Trade news, The agreement will see A5X operating LSEG’s integrated market infrastructure technology suite, which includes pre-trade risk management, ultra-low latency matching engine, market data distribution and real-time surveillance.  The move comes following intensive joint design efforts to tailor LSEG’s systems to Brazil’s market to support the exchange’s development and deployment and will also include provision of end-to-end post-trade platform, covering clearing, settlement and risk management.  The exchange is set to be ready for regulatory testing by Q4 2025, with operations scheduled to begin by 2026.