FactSet chief says information sellers are focusing on companies rather than tradersFinancial information suppliers are on the hunt for new markets such as wealth management and corporate audiences, according to the chief executive of Factset, as the decline of the...
Hong Kong exchange’s pulled offer for the LSE highlights the difficulties of crossborder deals between trading venuesLondon Stock Exchange Group PLC’s dismissal of the Hong Kong exchange’s almost $37 billion takeover attempt underscores the challenges global exchanges face trying...
Global exchange industry revenue surged in 2018, totaling a record $33.9 billion for the year. Trading revenues jumped 11.7%, as strength in global trading volumes, particularly derivatives, propelled the segment's revenues to $21.3 billion. Information Services revenue (including market data,...
Some groups take benchmarking services in-house, threatening providers’ revenueCut-throat competition has squeezed prices in fund management but one faction has been immune — the index companies that provide the benchmarks against which trillions of dollars of investment assets are managed.An...
The wall backing on to David Craig’s office is like a battlemap covered with his skirmishes. The boss of Refinitiv, an 18-day-old financial data company carved out of Thomson Reuters, has scribbled on nearly every inch of the whiteboard wall...