Trading Update stated:
Reported a 13% increase in first quarter total income, buoyed by double-digit growth in its information services, LCH Clearnet and capital markets units
Total income in the three months to March 31 rose to £520mln from £461mln the same period a year ago
Organic revenue at constant exchange rates edged up 11% to £470mln from £423mln
The information services division delivered an 11% rise in organic revenue on the back of growth at FTSE Russell, which provides stock market indices
Earlier this month, the LSE announced the appointment of David Schwimmer as its new chief executive
As of 8.30am the stock was trading up c.0.4% at c.4233p
52 range 3350p – 4305p