CORE DUMP

CORE DUMP

Matif's contract with Globex, the after-hours electronic futures trading service, is due to expire in April. The exchange plans to renegotiate with Reuters and the Chicago Mercantile Exchange, its partners in the network, to change the rules governing participation. Matif hopes to remove the restriction preventing Globex participants from making bilateral agreements with other exchanges. Otherwise, Gerard Pfauwadel, chairman of Matif, says the exchange is satisfied with the results it has gotten

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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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