American exchanges topped the 2019 global revenue chart with a 5.5% hike to $14.13 bn, beating out their counterparts in Europe and Asia, according to a benchmark study by Burton-Taylor International Consulting.
“Exchange strategies to diversify beyond traditional transaction-based services helped support industry growth in 2019, as trading and clearing revenues increased at the slowest pace since 2015,” says Andy Nybo, Managing Director at Burton-Taylor. “Exchanges are expanding their suite of information services through a combination of internal development and strategic acquisitions.”
He adds, “the pending acquisition of Refinitiv by the LSE Group is a clear indication of how important information services are for the exchange industry, with future acquisitions in the market data and analytics space a foregone conclusion.”
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