LSEG Technology Overview Kirill Zagorouiko, Exactpro 11 November 2015 Trading Technology Trends & Quality Assurance Conference in St. Petersburg

1. LSEG Technology
Overview
Kirill Zagorouiko, Exactpro
11 November, 2015
London Stock Exchange Group

2. The London advantage
London Stock Exchange Group Page 2
Internationally focused open market
culture
World’s largest pool of international
equity assets – $2trn of international
equity AUM
Leading foreign exchange trading
centre with 41% of global turnover
The key western centre for Islamic
finance
Global centre for derivatives trading,
with 49% of OTC interest rate turnover
Largest centre for international
banking, with 17% of cross-border
lending
20% of global hedge fund assets
managed in London, 75% of the
European HF market
Leading exporter of financial services
in the world with a trade surplus of
$71bn
LSEG operates at the heart of the world’s financial centre. Working with us
gives our customers unique access to the City of London
Source: TheCityUK – 2014 report

3. Introducing LSEG
London Stock Exchange Group Page 3
Market capitalisation of c£9bn; successful execution and delivery of strategy
through organic growth and M&A
Diversified revenue by currencyRevenue growth
FY 2009 $1,014m CY 2014 $2,085m
Sources: LSEG 2014 Annual Report
CY 2014 Total income incl. Frank Russell

4. London Stock Exchange Group
London Stock Exchange Group Page 4
A leading diversified international exchange and infrastructure group with
assets across the entire exchange value chain
Not all assets shown
Primary Trading
Middle &
Back Office
Clearing
Settlement &
Depository
Information
Technology

5. Exactpro: 4 QA and
Software Development
Centres in Russia
FTSE-linked ETFs
traded over 25
exchanges worldwide
International reach
London Stock Exchange Group Page 5
LSEG has c5,000 employees based in 21 cities, delivering services worldwide
LSEG offices
Global Primary Markets franchise with
companies from 115 countries
MillenniumIT technology deployed in 40 countries and venues around the world
Source: LSEG
Turquoise is trading in 18
countries, linked to 3
interoperable clearing
houses
Innovative Elite Programme inclusive of 17 European countries
Technology

6. Customer Solution, configured with business rules (BID)
MillenniumIT product family
Millennium
Exchange™
Ultra-low latency,
flexible and scalable
multi-asset trading
platform
Millennium
Surveillance™
Multi-market, multi-
asset class
monitoring and
compliance
Millennium
SOR™
Ultra-low latency,
flexible and
intelligent order
routing
Millennium
PostTrade™
Real-time, cross-
asset clearing,
settlement, risk and
CSD solutions
Millennium Advanced Platform
Ultra-Low Latency | Flexible | Resilient | Scalable | Low Cost
Multi-threaded | Distributed | Infiniband | FPGA | C++ | Linux | TCP/IP | Windows
Millennium
MarketData™
Ultra-fast and
efficient data for
financial markets
Millennium LiveOps™
High availability IT operations for capital market firms
MillenniumIT products span the entire capital markets value chain, including
live ops support
London Stock Exchange Group Page 6

7. London Stock Exchange Group Page 7
GATElab solutions in LSEG
Founded in October 1989, an LSEG company since December 2012

8. London Stock Exchange Group Page 8
GATElab customer solutions

9. London Stock Exchange Group Page 9
GATElab customer solutions

10. London Stock Exchange Group Page 10
International order book (IOB)
 Enables investors to unlock the potential to world’s growing
markets through a single central electronic order book
 Direct access to securities via DRs from over 44 countries, including
those in Central and Eastern Europe, Asia and the Middle East.
 World leading technology, deep pool of liquidity and CCP clearing
service provide opportunities to approximately 100 members trading
on the IOB
 The largest market in Russian instruments outside of Moscow

11. London Stock Exchange Group Page 11
International order book (IOB)
IOB Trading Statistics - August 2015 - TOP 10
by Volume of Trades
Number of
Trades
USD Value
Traded
Volume of
Trades
Security Country of Inc Totals
(Off book & IOB
Matched)
Totals
(Off book & IOB
Matched)
Totals
(Off book & IOB
Matched)
1 SBERBANK OF RUSSIA Russian Federation 198282 1,612,472,307 356,621,430
2 OAO GAZPROM Russian Federation 146218 1,183,214,965 281,934,333
3 OJSC OC ROSNEFT Russian Federation 72193 350,703,731 97,879,452
4 JSC VTB BANK Russian Federation 28825 201,114,979 97,742,247
5 MMC NORILSK NICKEL Russian Federation 124768 719,642,391 47,179,293
6 LUKOIL (OAO) Russian Federation 144021 1,379,733,644 37,282,602
7 SURGUTNEFTEGAZ Russian Federation 31117 132,524,389 26,139,806
8 JSC URALKALI Russian Federation 58032 331,323,853 22,955,530
9 HON HAI PRECISION INDUSTRY CO LD Taiwan 2634 123,664,709 21,688,179
10 GLOBAL TELECOM HOLDING S.A.E. Egypt 2038 29,864,866 20,030,044
Grand Total of 110 securities 1,151,787 9,579,591,932 1,199,959,223
Combined TOP 8 vs. Grand Total of 110
securities by Volume of Trades Russian Federation 70% 62% 81%

12. London Stock Exchange Group Page 12
International order book (IOB)
Trading system Common underlying technology infrastructure, Millennium Exchange™
Clearing and
settlement
CCP allows full pre- and post-trade anonymity, protection from counterparty risk and a
buyer protection service
Access Direct membership or via a broker (including DMA and Sponsored Access)
Market hours London trading calendar, but has a separate settlement calendar observing US public
holidays
Regulated status LSE is a Recognised Investment Exchange regulated by the FCA
Key features and benefits:
 The event will provide an opportunity
to meet with LSE team and network with
other industry professionals.

13. London Stock Exchange Group Page 13
LSE Derivatives Markets (LSEDM)
 On screen trading for options and futures, in the most liquid IOB securities, plus the FTSE RIOB Index,
a market-cap weighted Index in USD, designed to measure the performance of of the 15 largest Russian DRs
trading on the LSE International Order Book (IOB);
 Flexible trade reporting for options and futures is also available on these;
 Backed by CCP clearing with LCH.Clearnet (LCH).

14. Exactpro is: Clients
Worldwide:• A specialist firm focused on functional and non functional testing of systems
that process wholesale financial products, particularly market infrastructure
• A UK company with operations in the US and four QA & software
development centres in Russia
• Part of London Stock Exchange Group as of May 29, 2015
• Incorporated in 2009 with 10 people, our company has experienced
significant growth as satisfied clients require more services - now employing
320 specialists
Exactpro: company overview
London Stock Exchange Group Page 14

15. Sailfish:
• Can test Order Entry, Market Data and Post Trade
connections in one test scenario
• Each test scenario is independent
• Allows running test scripts in any sequence
• Simulation of multiple user connections
• Server simulators
• All messages are stored into a data base
• Generates test reports
ClearTH:
• Post-Trade testing tool
• Verifies each stage of the DLC
• Integrated schedule
• Automated matrices
• Can create multiple days test
scenarios
• Concurrent multiple tests
• Integrated simulators
• SWIFT ISO protocol support
Dolphin:
• Model-based testing of market surveillance systems
• Production-scale capacity and throughput
• Interactive real-time alerts and reports
Shsha:
• Post-transactional tool
• Analyzes clients' activity and forecasts system response
• Parses and displays logs in a user-friendly way
• Parses messages and then puts each to a data base
table where each column corresponds to each message
field
• Allows making summarized reports, etc
• Easy to understand GUI
Load Injector:
• Simulates multiple client connections with a specified load shape
for each connection or a group of connections
• Up to 75K messages / second from a single CPU core
• Measures latencies in microsecond range
• Performance test reports
Minirobots:
• Multi-threaded Trading Engine
for simulating trading algorithms
behavior and market conditions
•Testers can develop trading
robots in Java using an extensive
and easy to use API
•Testers can control the robots via
a Web-based console. Metrics are
available in real time
•Hundreds of internal event flow
validations verify the consistency
•of responses from the trading
•system in real time
Exactpro: building software to test software
London Stock Exchange Group Page 15

16. • Competing conference papers go through a
review by a number of leading software
development and analysis experts and
scientists
• The best papers are recommended for their
inclusion in Russia’s leading professional and
scientific publications
• 2 conferences to date in 2013 & 2014
• TMPA-2015 to take place in St.
Petersburg, Russia
• Conference web-site:
www.tmpaconf.org
CONFERENCE TOPICS
• Software test automation
• Static program analysis
• Dynamic methods of program analysis
• Parallel and distributed systems
• High-load and high-availability systems
• Methods of building quality software
• Software analysis, testing and verification tools
Exactpro: software engineering conferences
London Stock Exchange Group Page 16

17. Exactpro: a talented and dynamic team
Page 17London Stock Exchange Group

18. Contacts
London Stock Exchange Group Page 18
DISCLAIMER
This presentation/document contains text, data, graphics, photographs, illustrations,
artwork, names, logos, trade marks, service marks and information (“Information”)
connected with London Stock Exchange Group plc (“LSEG”). LSEG attempts to
ensure Information is accurate, however Information is provided “AS IS” and on an
“AS AVAILABLE” basis and may not be accurate or up to date. Information in this
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available without responsibility on the part of LSEG. LSEG does not guarantee the
accuracy, timeliness, completeness, performance or fitness for a particular purpose
of the presentation/document or any of the Information. No responsibility is accepted
by or on behalf of the Exchange for any errors, omissions, or inaccurate Information
in this presentation/document.
No action should be taken or omitted to be taken in reliance upon Information in this
presentation/document. We accept no liability for the results of any action taken on
the basis of the Information.
London Stock Exchange, the London Stock Exchange coat of arms device are trade
marks of London Stock Exchange plc.
Antonella Amadei
Head of Global Development Market Infrastructures
Tel +44 207 797 1624 Mobile +44 7827 349 593
aamadei@lseg.com
Doug Sheffield
Senior Manager
Tel +44 207 797 3773 Mobile +44 7780 614072
dsheffield@lseg.com
Mauro Romano
Senior Manager
Tel +44 207 797 4388 Mobile +44 7748 703049
mromano@lseg.com
Luca Broglio
Client Relationship Manager
Tel +44 207 797 4274 Mobile +44 7717 355614
lbroglio@lseg.com