Johannesburg Stock Exchange and big xyt launch new joint venture company – big xyt ecosystems

big xyt and the Johannesburg Stock Exchange (JSE) today announced the launch of big xyt ecosystems. The mission of the new company is to provide the innovative Trade Explorer data analytics platform, which was launched in South Africa earlier this year, to other financial centres around the world.

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Did someone pull the plug out?

Lit Continuous market share draining away in Q2. Intra-day trading in the Lit order books for equities has reached a new quarterly record low, as seen in our first graph. 

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The proposed tape will show the best price but NOT which venue has it…

Imagine, after many years of demand, someone creates the concept of an airline price comparison site to help the population find the cheapest flight more easily. It would include prices for the best flights between cities on the map. That would be a welcome introduction. However, what if the national governments insisted that the site would only be allowed if the names of the airlines were not disclosed?

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