Exchanges Do Not Compete With Vendors, Say Panelists

IMD EUROPE 2003 REVIEW

A panel of senior executives at European exchanges agreed unanimously that they do not compete with market data vendors when it comes to selling data services.

"Everyone is allowed to do things that benefit them and their customers," said Christoph Lammersdorf, managing director, Information Services, at Deutsche Börse, who spoke during the session called "Extreme Makeover: Exchanges as Vendors." He pointed to how some Deutsche Börse customers in the US wanted to take data straight from the

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