Innovation to Combat Fragmentation

Thus, Rafah Hanna, head of data at bond trading platform MTS, says exchanges can no longer rely on being "beneficiaries" of their members, and must respond to end-user pressure on issues such as data fees and find new, "intellectual" ways to innovate.

The LSE itself sets out a roadmap of its own innovation plans for 2008, courtesy of chief information officer David Lester, while Peter Randall of Chi-X, one of the new platforms changing the face of European equities trading, outlines how smart

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