12/24/2009

London Stock Exchange CEO Xavier Rolet has made numerous changes since taking the reins. He has reduced the LSE staff, cut fees, acquired a technology firm to replace the company's share-trading platform and reached an agreement to take over a rival, Turquoise. The aim is to curb deterioration of the LSE's market share in stock trading, but Rolet is also set on developing the exchange's other businesses, including derivatives and clearing.

Related Summaries