A few years ago, industry pundits and stock exchange officials envisioned sales of market data and related information as a growth market. Well, it hasn’t happened. Five North American-based exchanges have reported 2002 results (most European exchanges report later in the year). Three saw a decline in market data revenues; one reported flattish sales; and the Toronto Stock Exchange (TSE) saw an increase but with the help of a price increase.
Nasdaq generated $799.2 million in total revenues
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails