Published by Gbaf News
Posted on June 13, 2018
London and New York – Global exchange revenues totaled a record $30.7 billion in 2017, increasing by 8.1% as resurgent trading, clearing and settlement revenue supported industry growth according to Burton-Taylor International Consulting (a division of TP ICAP’s Data & Analytics group) in a report published today.
Industry revenues were driven by a 6.4% increase in transaction-based revenues, with this segment reporting record revenues of $19.3 billion in 2017.
Industry growth was strong across all business segments, with information services revenues (including market data, index and reference data) rising by 9.1% compared with 2016 totals. Exchanges continue to focus on building out information products, with acquisitions a key contributor to the segment’s growth. Revenues in the market technology and access segment increased by 8.1%, with listings and issuer services rising by 6.2%. There was a 47.6% increase in the other exchange business segment, as interest revenue from exchange clearing house operations surged following a spike in interest rates in 2017.
Other key findings include:
“Global economic strength supported renewed growth in the global exchange industry in 2017, as rising transaction-based revenues propelled the industry to record levels. Exchange diversification strategies are beginning to pay off, as revenues from information services and other business activities contributed to industry gains,” says Andy Nybo, Director at Burton-Taylor. “Expanding trading and data capabilities into fixed income and foreign exchange is also supporting industry revenues, especially in Asia and EMEA as exchanges aggressively expand their offerings to support rising demand for exposure to these asset types.”
London and New York – Global exchange revenues totaled a record $30.7 billion in 2017, increasing by 8.1% as resurgent trading, clearing and settlement revenue supported industry growth according to Burton-Taylor International Consulting (a division of TP ICAP’s Data & Analytics group) in a report published today.
Industry revenues were driven by a 6.4% increase in transaction-based revenues, with this segment reporting record revenues of $19.3 billion in 2017.
Industry growth was strong across all business segments, with information services revenues (including market data, index and reference data) rising by 9.1% compared with 2016 totals. Exchanges continue to focus on building out information products, with acquisitions a key contributor to the segment’s growth. Revenues in the market technology and access segment increased by 8.1%, with listings and issuer services rising by 6.2%. There was a 47.6% increase in the other exchange business segment, as interest revenue from exchange clearing house operations surged following a spike in interest rates in 2017.
Other key findings include:
“Global economic strength supported renewed growth in the global exchange industry in 2017, as rising transaction-based revenues propelled the industry to record levels. Exchange diversification strategies are beginning to pay off, as revenues from information services and other business activities contributed to industry gains,” says Andy Nybo, Director at Burton-Taylor. “Expanding trading and data capabilities into fixed income and foreign exchange is also supporting industry revenues, especially in Asia and EMEA as exchanges aggressively expand their offerings to support rising demand for exposure to these asset types.”
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