London Stock Exchange Group

European stock exchanges are becoming increasingly reliant on selling market data to offset declining trading revenues, a trend that industry experts warn could hinder market growth and innovation.

Financial services firms have paid attention as a variety of mostly-American-owned digital companies have gained increasing market share, a trend that has increased notably during the Covid-19 pandemic.

Since Amazon is one of the best-known of these firms, those who want to emulate its success have dubbed the process “Amazonisation”, a concept explored in more detail by a Luxembourg for Finance session held earlier this year.