LESG share price has remained under pressure in 2025 as its exchange business slowed amid the London IPO drought. It retreated to a low of 8,102p, down by 32% from the yearly high of 12,015. It has now formed a highly bullish pattern, pointing to more gains this year.

LSEG launches a new settlement service

The most recent news from the London Stock Exchange Group is that it has partnered with Canton to launcha new settlement service. Known as the Digital Settlement House, the service will enable instant settlement between independent payment networks.

LSEG hopes that the service will be used by market participants to support the final leg of foreign exchange, digital asset transactions, and settlements. The company said that the service will have DiSH Cash, which will operate accounts at commercial banks, where it will be:

“providing members with instant ownership of a commercial bank deposit at any bank within the LSEG DiSH network, and a mechanism for the 24/7 movement of commercial bank money.”

The new launch comes at a time when the company’s business is facing some headwinds as the IPO drought in the UK continues. Instead, more companies have announced either delisting or dual-listing measures, with many of them moving to the United States.

Still, its business has done well, helped by its data analysis business. LSEG’s revenue rose by 4.8% in the third quarter to £2.21 billion in the third quarter quarter. Most of this growth came from its risk intelligence business, which made £144 million, up by 9.9% from the same period a year earlier.

Its data and analytics business made £982 million, while FTSE Russell made £241 million. The company also announced a huge share buyback, worth about £3.5 billion.

Analysts have a favorable view of LSEG stock. Data compiled by TradingView shows that the average estimate for the stock is 12,330p, much higher than the current 9,050p. The most optimistic analyst sees it rising to 13,790p, up by 53% from the current level.

LSEG share price technical analysis 

London Stock Exchange Group stock chart | Source: TradingView

The daily timeframe chart shows that the LSEG share price peaked at 12,015p in February last year and then plunged to a low of 8,102p in September. A closer look at how the stock plunged shows that it has an inverse similarity to what is happening today.

It initially peaked at 12,050p, then dropped to 10,490p, rebounded to 11,745p, then dropped to a low of 10,490p, and then rebounded the last time and then dropped to the yearly low of 8,102p.

The same situation is happening today in the opposite direction. It initially dropped to 8,102p, then rebounded to 10,020p, dropped to 8,312p, then rebounded again to 8,980p.

A closer look also shows that it is forming a double-bottom pattern whose neckline is at 10,020p. It has already moved above the 50-day Exponential Moving Average (EMA).

Therefore, there is a likelihood that the stock will rebound, potentially to the neckline at 10,020p, which is 11% above the current level. A move above that price will point to more gains, potentially to last year’s high of 12,000p. However, a drop below last year’s low of 8,102p will invalidate the bullish outlook.

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