Panel: Exchanges Must Lead Change

"From the exchange aspect, the biggest thing about mergers is the opportunity it creates....There can be administration savings like merging contracts and policies, and we feel these mergers will help create some standardization around policies, and as an exchange, we have more data available," said Brian McElligott, director of information products at CME Group.

"I see during this time especially a flight to quality data," said Rafah Hanna, head of data at bond trading platform EuroMTS. "Use