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Global Exchange Revenues Total $38 Billion In 2020, Rising 6.7% On Higher-Than-Average Trading Volumes And Increased Demand For Reference Data

Global exchange revenues continue a years-long trend of strong growth, gaining 6.7% for a record $38 Billion in 2020. Diversification strategies are trending towards information services, though trading, clearing, and settlement continue to account for the majority of exchanges revenues, according to a new report published today by Burton-Taylor International Consulting, part of TP ICAP's Data & Analytics division. ....

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Financial Market Data Spending Expected To See Strong Growth In 2021; Decentralization Of Industry Workforce Will Support New Demand For Alternative Data


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LONDON and NEW YORK, Feb. 18, 2021 /PRNewswire/ Global spending on financial market data is expected to exceed historical growth rates, with 56% of respondents in Burton-Taylor s Financial Market Data 2021 Kick-off survey expecting spending to be much higher or moderately higher than the 5-year CAGR of 4.0%.  User segments expected to see the largest increases included both equity and fixed income sales and trading desks, with 47% and 43% in each category expecting spending increases.
Despite the broad economic impact of COVID-19 shutdowns, the financial industry recovered quickly especially as trading volumes surged across nearly every asset class.  The financial industry has become more agile and creative in how it uses data, finding new ways to integrate data and channels into workflows.  ....

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