Diversification Proves Key For Exchanges in 2003

INSIDE MARKET DATA ANNUAL REVIEW 2003

The continuing consolidation of the market has forced exchanges to reconsider their market data services and led to the development of new revenue streams.

Revenues from market data at most exchanges around the world in 2003 either decreased or stayed roughly the same in comparison with 2002. In each case, the exchange pointed to a decreasing market for terminals and therefore for its market data.

However, many exchange officials remained optimistic despite the difficulties they’re facing. Di