Microsoft Buys 4% Stake in London Stock Exchange and Signs 10 Years Cloud Partnership.

Microsoft announced strategic partnership with the London Stock Exchange. Microsoft is investing in London Stock Exchange by purchasing 4% of its stake. The company is going to develop cloud computing technology for London Stock Exchange and making it fully integrate to the path of digital transformation.

London Stock Exchange Group (LSEG) is the company that administers the London Stock Exchange. It is one of the leading financial markets in the world. Microsoft is going to purchase an approximately 4% equity stake in LSEG through the acquisition of shares from the Blackstone/Thomson Reuters Consortium.

What Microsoft will do next?

1. Developing data analytics solutions for security trading.

2. Transfer data and computational power to Microsoft Cloud using Microsoft Azure technology.

3. Improve digital connection between companies and the Stock Exchange.

4. Enhance all forms of trading including stocks, derivatives, and other security trading.

5. Make international institutional investors get access to London Stock Exchange easier.

6. Develop various software for London Stock Exchange.

Microsoft aims to generate $5 billion revenue from London Stock Exchange over the next 10 years.