Hikma said it had contacted the Financial Conduct Authority and the London Stock Exchange for a total of 350,000 ordinary shares of 10p each.
The London Stock Exchange Group said it will shut its five-year old derivatives trading arm CurveGlobal after failing to win sufficient market share in interest rate futures from long-established rivals. CurveGlobal sought to win business in a sector dominated by entrenched rivals Deutsche Boerse and ICE. In June 2019, LSEG CEO David Schwimmer said CurveGlobal was finally making headway after "bumping along the bottom" since its launch.
The firm, which was formerly known as TransferWise, has currently implemented the feature as a beta function on its app.