LSEG (London Stock Exchange Group) announced that it has signed a strategic agreement to provide its trading, clearing, and market surveillance technology to A5X, S.A., Brazil’s first next-generation derivatives and futures exchange of its kind. This announcement follows intensive joint design efforts to tailor LSEG’s systems specifically for the Brazilian market, regulators, and A5X’s unique requirements, a critical step in the platform’s development and a key enabler of its swift and successful deployment.

Under the agreement, LSEG will deliver its integrated market infrastructure technology suite, including pre-trade risk management, ultra-low latency matching engine, market data distribution and real-time surveillance, and will provide end-to-end post-trade platform including clearing, settlement, and risk management.

A5X will operate LSEG’s suite, integrating it into its state-of-the-art technology ecosystem. Designed for rapid configuration and seamless upgrades, the combined solution brings a powerful technology stack to the Brazilian market to help drive growth, liquidity, and innovation.

Ron Lefferts, Group Head of Sales & Account Management, LSEG:

“As Brazil’s economy grows and its markets continue to evolve, LSEG will deploy its real-time insights, performance analytics, and market infrastructure expertise to empower A5X in its journey of creating a more robust, innovative and efficient market in Brazil. Embedded in financial systems worldwide, our technology powers economies by strengthening market resilience, supporting compliance, and enabling traders to make data-driven decisions.”

Carlos Ferreira, Chief Executive Officer, A5X:

“We are incredibly honored to have the opportunity to bring LSEG to our side on the journey of creating a more efficient and innovative market in Brazil, driving growth and transformation. A5X was born to improve the experience of all investors in Brazil and the technology partnership with LSEG, combined with the access to its deep knowledge of global markets and products, materially strengthens our position to achieve this goal.”

A5X aims to be ready for regulatory testing by Q4 2025 and for commercial launch of the new platform in H1 2026. The partnership lays the groundwork for a seamless, end to end derivatives and futures ecosystem in Brazil and this could significantly reshape Brazil’s financial landscape, designed to accelerate product innovation, enhance price discovery and streamline operational risk across the trade lifecycle.

Source: LSEG