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Markit in talks over index units

CEO says the firm is in discussions with 'several financial institutions' with respect to the sale of their index operations

Lance Uggla, chief executive, Markit
Lance Uggla, chief executive, Markit

Markit chief executive Lance Uggla is bullish on acquisition prospects for his firm in 2015 after a relatively quiet last year, with a particular eye on index operations that large banks are looking to shed.

Uggla told analysts on an earnings call Wednesday that the firm is in discussions with "several financial institutions" with respect to the sale of their index operations, though he did not name the firms.

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