Rules Of The Game Change For London Market-Makers

THIS WEEK'S LEAD STORIES

The International (London) Stock Exchange brings into force this week the first in a series of rule changes that it hopes will boost the market's visibility, tighten surveillance and alleviate problems resulting from publication requirements.

The rule changes, proposed by the exchange's Domestic Equity Market Committee early last month, were contained in an interim report of a review of the market begun last December and scheduled for completion on March 31. Also on the agenda of the review is

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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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