The London Stock Exchange Group (LSEG) released its third quarter (Q3) trading update, showing that nominal value at LCH RepoClear was up 25% from Q3 2025 at €104.4 trillion ($117.2tn). This is also higher than Q2’s €92.73 trillion.

In addition, LSEG noted significant progress in delivery of its artificial intelligence (AI) strategy during the quarter:

Connecting LSEG Everywhere – Large customers increasingly access the AI-ready data via multiple distribution channels including APIs, cloud platforms, MCP servers and traditional bulk feeds.

Driving adoption of transformational products – LSEG rapidly scaled customer adoption of our Workspace AI solutions in Q3, ending the quarter with 47,000 AI search users, up 30,000 from our H1 results in mid-July.

Commercializing customer engagement – Customer engagement remains high with a 50% quarter-on-quarter increase in the number of commercial conversations involving AI in Q3.

Enhancing the value of the Data & Analytics business – 80% of the AI agreements struck with customers thus far involve the purchase of additional datasets.

In a separate announcement, LSEG announced an agreement to acquire Octus, a provider of credit intelligence, data and workflows, for a cash consideration of $3.535 billion. 

David Schwimmer, CEO said in the trading update: “The planned acquisition of Octus adds valuable proprietary solutions in the high-growth illiquid and private credit space. Alongside the acquisition of Trumid’s innovative credit trading services and our existing scale in liquid credit, we are becoming a global leader in fixed income data and trading.”