Last week, the Chicago Board of Trade reported record Q1 revenues of $187.7 million and record net income of $68.4 million. Officials attribute the rises to record trading volumes and higher average exchange fee rates. Revenues from market data contributed $25.1 million, up only around 0.4 percent from the previous quarter, but up 6.1 percent from Q1, 2006.
Nasdaq also reported Q1 revenues last week totaling $562 million, up from $447.4 million in the previous quarter and $396.2 million for Q
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails