Since the launch of the euro in 1999, two exchanges have dominated European financial derivatives – Eurex and Liffe. Now the London Stock Exchange wants to challenge them, starting with a pan-European range of single stock futures. How credible is this, from an exchange that basically offers Italian and Russian equity derivatives? Nicolas Bertrand, LSE’s head of equities and derivatives, told Siân Williams why he thinks the LSE can shake up the hierarchy.
Since Nicolas Bertrand started his new job as the London Stock Exchange Group’s head of equity and derivatives markets on January 1, he has been working on the LSE’s ambitious plans to expand its derivatives business.
Six months after he was promoted, Bertrand is keen to talk about these plans and his vision for the business.
At the moment, the LSE’s derivatives offering is split into two...