London Stock Exchange Group is set to shutter its CurveGlobal Markets platform amid a lack of trader appetite for the derivatives exchange.
LSEG first announced it would launch the exchange in 2015. A host of banks, from Barclays, Citigroup and Goldman Sachs to JP Morgan and Societe Generale all backed the project with around £30m in funding, as the LSE looked to rival continental exchanges by building a fully-fledged futures market.