2011 Year in Review: Exchanges Seek Value in Mergers, Licenses, Technology

2011-boxed-up

Though major exchange merger plans dominated the headlines in 2011, it was other initiatives that affected the data industry, notably licensing policy changes and the provision of additional services such as co-location to deliver additional value and generate more revenues in still-turbulent markets.

Exchange mergers promise cost synergies and broader datasets, potentially allowing subscribers to receive more content over the same connections, reducing the cost of data acquisition (IMD, Feb. 14

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