Plus Markets Preps Pan-EU BBO Feed

Plus Trading Solutions (Plus-TS), the trading platform technology business launched last week by UK stock exchange operator Plus Markets Group, is planning to create a flexible consolidated European best-bid-and-offer (EBBO) feed of pre-trade data from exchanges and multilateral trading facilities across Europe, officials tell Inside Market Data.

The datafeed—dubbed the PlusEBBO or PEBBO—will be customizable, allowing clients to choose the venues to be incorporated in their feed, says Hirander

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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