Mondo Visione Exchange Forum 2014 Technology Report

Exchanges are in a bind. Established business lines are squeezed on margins and new revenues are hard to find. Regulators see on-exchange trading as the future and want over-the-counter (OTC) trading to be limited. They also support infrastructure being made as resilient as possible, and to that extent they are supporting market operators, propping up exchange operators who are being squashed between ever decreasing numbers of alternative revenue streams and ever tighter margins as customers push them on price.