Canadian, Far East Exchanges Trump US Rivals


Emerging exchanges from Canada and the Far East trounced their more established peers on data sales in the latest round of second quarter financial results.

The New Zealand Exchange led the charge, with an 83 percent increase in market information revenue to NZ$1.3 million in Q2. The exchange attributed the revenue increase to investments in improving the product set for domestic and international clients.

NZX's neighbor, the Singapore Exchange, also delivered a respectable increase, with growth

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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