Exchanges pivotal for EU’s Capital Markets Union

The EU’s Capital Markets Union (CMU) is receiving strong backing, with widespread enthusiasm evident among stakeholders who are optimistic about its successful rollout. A significant concern has been the persistent lack of on-screen liquidity in European markets, dominated as they are by over-the-counter (OTC) trading. This contrasts sharply with the US where, according to the European Central Bank (ECB), 75% of corporate financing is conducted through capital markets, compared to Europe’s reliance on traditional bank loans.

All Markets Rise: Maximising Exchange Profit by Modernising Across All Sectors

Imagine a scenario in which a large, successful financial exchange is making profits across all its markets alike, from equities, fixed income and derivatives, to commodities and FX. Yet, sadly, this vision is far from reality. Oftentimes smaller and less liquid markets, such as for fixed income and derivatives, find it difficult to obtain the modernisation of infrastructure they need, even when it is just a simple feature request.

Regulated Exchanges and AI: What’s Behind the Hype

The topic of AI has been the subject of a number of panels at recent industry events attended by Exberry. We thought it would be helpful to provide a snapshot of some of the leading thinking on AI, particularly how it is predicted to affect regulated exchanges.

Modernising Post-Trade Systems: A Journey, Not a Destination

Post-trade processing is an integral part of the financial services industry as it verifies the details of very often instantaneous transactions. Similar to shifts in the rest of the financial services industry, clearing and settlement firms are being influenced by the emphasis of real-time risk management and data-driven decision-making.

Back to Basics: A Wishlist for Cloud Providers from the Financial Exchange Industry

As some of the world’s largest financial industry participants gathered in Boca Raton last week, one fact that was hard not to miss was the increasing presence (and sponsorship) of the major cloud providers.

Breaking the mould: A step change approach to exchange infrastructure

Last week’s well-attended TradingTech Summit London covered a range of crucial topics in the trading technology sector, most notably regulatory trends, technology drivers, market structure and data management.

Sink or Swim: The cost of legacy tech inertia

When it comes to upgrading legacy technology, without impacting day-to-day operations, financial exchanges are confronted with an incredibly difficult task.

How APAC exchanges can prepare for predicted growth of emerging stock markets

The market cap of exchanges in emerging markets should exceed the value of U.S. exchanges as soon as 2030, according to Goldman Sachs economists

2024 – The Tipping Point for Market Infrastructure Transformation

Today’s market infrastructure providers need to navigate increased complexity and unpredictability. These pressures in turn intensify the need to urgently modernise outdated infrastructure and tackle technological debt.

Carbon Markets: Paving the way for a revolutionary new asset class

With efforts behind the creation of truly global markets for trading carbon dioxide (CO2), carbon credits are poised to become one of the world’s largest assets traded