Exchanges See Data Revenues Falter, Growth from Diversification


Exchanges continued to report revenue rises for the second quarter of 2013, though many showed drops—or minor increases—in market data revenues, despite more positive trading activity overall.

Greek exchange operator Hellenic Exchanges Group reported a 561 percent jump in overall second-quarter revenues to €50.9 million ($67 million), benefiting from a surge in cash market volumes. Revenues from market data—which include the rebroadcast of data from the ATHEX and CSE markets in addition to the s

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