Exchange Audits Make Waves

FRONT PAGE: ADMINISTRATION & MANAGEMENT

Exchanges are increasingly carrying out audits of their customers, often finding significant under-reporting of data usage, sources tell Inside Market Data.

"The global firms are reporting maybe between 35 and 40 percent of what they’re actually using," says one source familiar with the trend. This person declines to provide more specific examples, but another observer says revised bills could be in the hundreds of millions of dollars.

If the exchanges were to demand back payments, says Janet

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: