BUZZ-LSE stealing a march on Deutsche Boerse
LSE's valuation premium over Deutsche Boerse (Xetra: 63DA.DE - news) at widest since 2006.
** LSE at 18 times forward earnings vs Deutsche Boerse at just over 14 times. http://link.reuters.com/mep77v
** Deutsche Boerse shares have lagged LSE significantly over past 5 years. http://link.reuters.com/qep77v
** LSE is seeing healthy trading volumes, a pick-up in IPOs and is expected to benefit from new rules on OTC (Brussels: OTCB.BR - news) clearing according to JPMorgan.
** Chart on trading volumes: http://link.reuters.com/bup77v
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