Exchanges see 30% hike in data revenue – report

The world’s top exchange groups saw their data revenues rise almost a third in 2016 with the Intercontinental Exchange’s data earnings more than doubling to make that segment the US group’s top revenue source for the first time, a report has said.

The Exchange Global Share and Segment Sizing report from Burton-Taylor International Consulting LLC, owned by London-based broker TP Icap, said revenue at the world’s largest exchange groups’ market data and indexes units rose 29.2% last year to $5.4bn.

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