Trading

LSEG finance chief bets £900,000 on exchange owner’s struggling shares

Shares in the bourse owner and data provider are down 28% so far this year, but CFO Michel-Alain Proch is upping his stake

After surging for years, LSEG's stock has faced a rough few months recently
After surging for years, LSEG's stock has faced a rough few months recently Photo: Chris Ratcliffe/Getty Images

The London Stock Exchange Group’s chief financial officer has bought more than £900,000 worth of the bourse owner’s shares this year, signalling confidence that the group can reverse a slide in its stock price.

Michel-Alain Proch, who joined LSEG in February 2024, purchased 4,676 shares in the FTSE 100 firm at £82.74 each on 19 September, according to a regulatory filing.

WSJ Logo
110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink