Data Costs Rise, Despite Exchange-MTF Competition


"With the emergence of the MTFs, the exchanges' business of traditional fees and data is under pressure, so exchanges are evolving, looking at new trading platforms, and expanding into new asset classes," said Kunal Nandwani, electronic trading project management associate at Nomura.

However, according to an audience poll conducted by the panel, while 35 percent of attendees said liquidity had remained the same and 40 percent said it had increased only "somewhat" as a result of the increase in

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