Kilburn's Corner: The Devil's in the Detail
The good news is, all the major exchanges have so far reported year-on-year increases in revenues from market data, even if revenues from other lines of business continue to stall. The bad news is, my hair has gone grey...
That's because the process of extracting this information can be very painful, not least because exchanges publish their results at different times using different language to define their performance. Some helpfully provide their results from Q1 last year for comparison, and
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