Europe Leans on New Revenue Streams

EXCHANGE WATCH

Financial results released by European exchanges show that many succeeded in protecting their takings from data sales by finding creative sources of revenue during the first half of 2003.

In particular, product innovation and information diversity have helped cushion many European exchanges from poor market conditions. For example, the London Stock Exchange (LSE) has broadened its portfolio of data products beyond real-time data to include a data display product, Proquote, as well as historic