Skip to content

Three Quick Facts: LSE, Bigblu Broadband and Aquis Exchange

Three Quick Facts: LSE, Bigblu Broadband and Aquis Exchange

Three things you need to know in the financial markets today from investment writer, Tony Cross.

#1. LSE partners with Microsoft

The London Stock Exchange LON:LSEG has this morning announced a 10 year strategic partnership with Microsoft that includes the US tech giant taking an equity stake in the business. LSEG is committing to spend at least $2.8bn over the term of the partnership, with the deal expected to increase revenue growth meaningfully over time. Investors will however need to account for the fact that this incurs an additional £100m of Capex over the next 3 years and will have a 50-100 basis point EBITDA impact over the same period.

#2. Bigblu Broadband trading update hints at Aussie listing

Bigblu Broadband LON:BBB has a trading update out today, covering the 12 months to 30th November. Revenues were 15% higher, whilst EBITDA advanced around 8.5% with the company reporting strong retention rates despite global economic headwinds. The company also floats the idea of a second listing on the ASX as it looks to maximise shareholder value.

#3. Aquis shares now available to trade on IG

The Aquis Exchange LON:AQX has also made a notable announcement this morning, advising the market that its constituents’ shares will now be available to trade on the IG Group platform. There’s no detail in the note as to whether this just applies to trading the physical stock, or whether it will also permit the use of leveraged CFDs.

Share this article

Invest with these platforms

Hargreaves Lansdown

IG

Interactive Brokers

Interactive Investor

Charles Stanley

IG

Interactive Brokers

Charles Stanley

Looking for great investing ideas? Get our free newsletter.
Join our UK news channel on WhatsApp

This article does not constitute investment advice.  Do your own research or consult a professional advisor.

Learn with our free 'How to' Guides

Our latest in-depth company reports

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
Schroders

abrdn
WisdomTree
ARK
FxPro
CMC Markets
Back To Top