SIP revenues totaled USD195.7 million in the first half of 2019, up 0.6% from the previous year’s period.

Burton-Taylor is proud to introduce the Quarterly Review of SIP Revenue for U.S. Securities Exchanges H119 report analyzing the SIP revenue sharing program for U.S. equity exchanges and transaction reporting facilities (TRFs).  The report analyzes yearly quote and trade revenue and messaging data for Tape A, Tape B and Tape C equity securities.  The report also provides historical annual revenue and messaging totals for the 2011 to 2018 period, as well as an analysis of each exchange holding company’s activity in the first half of 2018 and 2019.