Keynote Highlights Value of Data

"Any stock exchange is a source of data and information with a high economic value. And information is a core competence of stock exchanges, not a marginal area or a by-product as we sometimes hear. It is a differentiator," where exchanges can add real value for clients rather than "trading alone [which] can be a commoditized business," Marques told the conference.

He said that business drivers such as new regulations and increased competitive factors such as higher transparency are "leading [the

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