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LONDON STOCK EXCHANGE GROUP PORTER'S FIVE FORCES TEMPLATE RESEARCH B_161 Continued capex and marketing spend

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Continued capex and marketing spend of $28 million planned for 2026 are critical to defend against competitors scaling regional ad and payments offerings

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yet it still delivers steady cash with low marketing spend

LONDON STOCK EXCHANGE GROUP PORTER'S FIVE FORCES TEMPLATE RESEARCH B_161 Continued capex and marketing spendElevate Your Analysis with the Complete Porter's Five Forces Analysis London Stock Exchange Group faces intense rivalries, regulatory scrutiny, and moderate supplier buyer pressures driven by tech platforms and diversified product lines; potential new entrants and fintech substitutes heighten strategic risk and opportunity. This brief snapshot only scratches the surface unlock the full Porter's Five Forces Analysis to explore LSEG's competitive

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