Waters Wrap: Market data & consolidation—a never-ending timeline (And rise of the fees)
While last week it was announced that Exegy and Vela are merging, Anthony says that the deal is only a sign of what’s to come in the market data space. He also poses some questions about the LSE raising its Sedol fees.
Below I’m just going to focus on market and reference data, but there are two other stories that I’d like to point out from the last week that I might look to address in a future column (and that you should definitely read).
First, Wei-Shen Wong looks at Hong Kong Exchanges and Clearing (HKEx) and how it is looking to leverage smart contracts for its Synapse platform. Sell-side participants are generally positive as to the reasoning behind the build, but observers warn the ambitious project
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