- June 12, 2018
- Posted by: David Tabaka
- Category: Exchange, News
Growth in transaction-based revenue and new business lines drove growth for exchanges across the globe
Global revenues for exchanges reached record highs in 2017 according to a new report by Burton-Taylor International Consulting. The firm, which is owned by TP ICAP, claims that exchanges made over $30 billion in revenue last year.
Intercontinental Exchange (ICE), the owner of NYSE Euronext, was the largest exchange in the world last year. The firm made $4.6 billion in revenue in 2017, a 4.6 percent increase on 2016. This also meant it made 15 percent of the total $30.7 billion in revenue made by exchanges across the globe last year.