Market makers working in U.S. listed options markets say that while they have seen significant structural improvements such as exchanges improving risk protection capabilities, “the proliferation of options exchanges and inherent fragmentation of liquidity” have become major challenges, according to a new report from Burton-Taylor International Consulting. Liquidity fragmentation is the result of the proliferation of exchanges… Read More >>
Survey: Global Market Data Spending Topped $28B in 2017
Data is often mentioned as being critical to regulatory compliance and other operations, just as securities firms are doing their best to keep data costs down. However, it appears that in 2017 firms spent as much or more on financial and reference data, analysis and news, according to new research from Burton-Taylor International Consulting, a… Read More >>
Global Exchanges Hit Record 6.83% Jump in Revenues
Global exchanges enjoyed a 6.83 percent jump in revenues to a record $28.3 billion in 2016, according to the latest sector report by Burton-Taylor International Consulting, a division of interdealer broker TP ICAP’s Data and Analytics group. The main drivers were market data and index businesses, which reported a 29.2 percent hike in revenues to… Read More >>
Fenergo to Hire 200 People to Support Global Growth
Fenergo to Recruit Over Next 12 to 18 Months Fenergo, the Dublin, Ireland-based client lifecycle management software solutions provider, is creating 200 jobs “due to rapid global expansion, bringing its total global employee base to 500,” according to the vendor, which serves investment, corporate and private banks. The vendor will be filling positions are across… Read More >>
