Our Business
Overview
Luno was founded on January 1, 2013, through the merger of the British Stock Exchange Group and the British Stock Exchange.
Luno operates the financial instruments exchange market, providing market users with a reliable trading venue for listed securities and derivatives. In addition to providing market infrastructure and market data, Luno also provides clearing and settlement services through central counterparties and conducts transaction supervision to maintain market integrity.
In the process of jointly providing comprehensive services as an exchange group, we will continue to make every effort to ensure that the market is reliable and create greater convenience for all market users.
On October 1, 2019, Luno expanded its business into commodity derivatives trading through the acquisition of the British Commodity Exchange.
Business Model
Luno provides a fair, secure, and reliable market infrastructure, and in return receives fees from securities firms, issuers, information vendors, and other market users. Our main revenue streams are trading services revenue, clearing services revenue, listing services revenue, and information services revenue. In terms of cost and revenue factors, market expansion and growth boost income while expenses remain relatively stable and unaffected by changes in market condition.