WatersTechnology: LSEG-MayStreet: From direct feeds revamp to reg tools, industry sources outline rationale for deal

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The London Stock Exchange Group’s acquisition of market data provider MayStreet, announced on May 18, will enable the exchange’s Refinitiv data vendor business to update the legacy infrastructure technologies of its Refinitiv direct feeds (previously known as the Reuters Data Feed Direct, or RDFD), and gain access to high-quality market data, packet-capture capabilities, and quant tools that it did not have before, industry insiders say.

Some say the deal is a way for Refinitiv to replace and enrich struggling legacy infrastructure components, while others point to the additional capabilities MayStreet will bring to the group, potentially opening the door to new and under-served markets for the exchange.

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