Revenue at The London Stock Exchange Group climbed 17%, YoY, in 2017, driven largely by a 24% surge in turnover at its information services division to £736m ($1bn) from £595m. But the company said it was also benefiting from an increase in revenue for its investment banking and wealth management businesses as well as increased sales of digital products such as mobile apps and cloud services.
Revenue at The London Stock Exchange Group climbed 17%, YoY, in 2017, driven largely by a 24% surge in turnover at its information services division to £736m ($1bn) from £595m. The company's FTSE Russell business delivered revenue growth of more than 30%, while LCH, one of its post-trade units, saw revenue climb 21% to £432m from £356m in 2016.