Divining the Future for Exchanges

DWT: Can exchanges survive strictly as trade-matching venues?

Ian-Patrick Lauder, PLUS stock exchange: We should make a distinction between exchanges and facilities/multilateral trading facilities (MTFs), as we are looking at different business models, with diverse revenue streams. The current MTF environment is highly competitive across Europe. The familiar model, which the market adopted when MTFs began to appear in 2007 as a result of the Markets in Financial Instruments Directive (Mifid), is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

This address will be used to create your account

What hedge funds are missing about messaging

When a mere microsecond delay can impact the bottom line, hedge funds need high-performance technology stacks and infrastructure. Himanshu Gupta outlines four key considerations for a firm’s messaging architecture.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here