National and privately owned stock exchanges across Europe, the heart and mind of the bloc’s financial marketplace, are gearing up for January 3, 2018, when Mifid II finally comes into force.
As Europe completes its plan for cross-border settlement, the European Central Bank decides on the future of the T2S platform.
Three exchanges explain how the upcoming regulation is creating a field of new business opportunities in Europe.
The new index series will be calculated and disseminated in real time from June 1.
The exchange will combine several existing businesses under a shared management and development structure.
The new business area will be led by Ramón Adarraga, executive chairman of BME Market Data and CEO of Infobolsa.
Despite changing trends in data consumption, information services mostly continued to deliver solid quarterly financial results for exchanges.
The rollout is being done in two stages, with fixed income currently being the focus, followed by the implementation of the primary market and trading in other non-standardized securities and repo trades.
Exchange's market data businesses continued to deliver solid revenue increases, in spite of overall exchange revenues.
Data continues to fuel exchanges' revenue growth.
The agreement helps non-members gain access to the Spanish Stock Exchange
The agreement will reduce latency for BSO clients accessing BME's markets via the exchange's Visual Trader workstation.
The exchange will leverage its subsidiary OpenFinance's existing presence, and aims to ally with local exchanges.
Spanish market reform spells change for exchange group
Officials say the deal will support BME's expansion plans in Latin America.
Some of the best gifts don't go under the Christmas tree.
Exchange's market data service now includes corporate actions alerts
The exchange is building a network of Spanish issuers submitting material information in English.
Exchange's data arms benefited especially from index acquisitions.
The exchange will begin offering members the ability to report trades in OTC markets for compliance with MiFID 2.
BME will launch new services covering OTC trade data to support compliance with MiFID 2.
Overall exchange results remain mixed, though data revenues show consistent rises.
The tool will provide cost analysis for trades executed on-exchange and via brokers.
A mostly positive mix of Q1 results also yield big increases in data revenues for some exchanges.