16 Mar

Rebank Podcast ... Talking Capital Markets Infrastructure

An interesting discussion about innovation in finance and why Capital Markets are perceived as being less innovative than the retail space.

Includes -

" would expect Exchange operators to be the leaders in innovation....but they are not doing so as they are either busy buying each other or are very protective of their markets..."

"Capital Markets businesses are more mission critical and regulated entities [than retail firms], and there has been a technology arms race for the past 15 years, where some operators are publishing thousands of updates per second....

"....there is a whole industry of co-location and premium market data services...Operators are big beneficiaries of big market data revenues..."