London Stock Exchange Group is set to acquire Acadia, a provider specializing in automated margin processing and integrated risk services for uncleared derivatives.
Established in 2009, Acadia offers risk management, margining, and collateral services to global financial institutions operating in the uncleared derivatives markets. The company’s risk and margining products cover all OTC derivative asset classes and connect with over 2,000 market participants, facilitating over $1 trillion in collateral exchanges each day.
LSEG has held a minority stake in Acadia since 2018, and the full acquisition aims to strengthen its position in the post-trade sector and enhance its role as a provider of critical financial market infrastructure to clients.
Daniel Maguire, group head of post-trade at LSEG and CEO of LCH Group, stated: “The acquisition of Acadia is part of LSEG’s strategy to enhance and grow our multi-asset Post Trade offering for the uncleared derivatives space. Our customers are looking for more ways to optimize their financial resources, and Acadia’s services enable significant efficiencies in risk management, margining, and collateral.”
The transaction is pending regulatory approval, and financial terms have not been disclosed.