Exchanges made nearly $30 billion in 2018, but a new report suggests their business could be at risk if they don't innovate in 3 ways

NYSE president Stacey Friedman recently told Business Insider one of her key goals was to reduce the friction customers experience with the technology they use to trade.Exchanges generated nearly $30 billion in revenue globally in 2018 and have enjoyed a 12% increase in revenue annually since 2012.

Alternative data, digital assets and improvements in the IPO process are all areas the report suggested exchanges are well-positioned to profit from. Exchanges had another banner year in 2018, with global revenue rising to just shy of $30 billion, according to a recent report by consultancy Opimas. Since 2012, global exchange revenue has risen at an annual rate of 12%. The largest venues also operate on profit margins that average above 60%, with some exchanges exceeding 70%, according to the report.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Qualcomm gains $30 billion in market value after Apple settlementQualcomm Inc added $30 billion to its market value after it resolved a legal bat... And the downfall of Apple has begun
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Qualcomm gains $30 billion in market value after Apple settlementQualcomm Inc added $30 billion to its market value after it resolved a legal bat... And the downfall of Apple has begun
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »