Marketplace knowledge get admission to and prices a key marketplace construction worry for 2025

Some of the most sensible 3 marketplace construction considerations for 2025 is marketplace knowledge get admission to and prices, a brand new survey from JP Morgan has discovered.  

Of the ones surveyed, 16% highlighted marketplace knowledge and prices as the highest worry, whilst just about 20% labelled it the second one largest marketplace construction worry for this 12 months. 

Marketplace knowledge has been a key dialogue level this week, with a brand new file suggesting that exchanges are supplementing declining fairness marketplace revenues with upper marketplace knowledge costs, even with there being ‘no particular prices for generating marketplace knowledge’. 

Learn extra: Some exchanges pocketing just about £5 billion from ‘inexplicable’ marketplace knowledge value rises, reveals file 

Named exchanges within the file did, alternatively, reply to those findings, labelling them ‘deceptive’ and ‘misguided’.  

“The knowledge introduced within the file comprises a couple of mistakes and does no longer correctly provide Turquoise’s buying and selling volumes and marketplace knowledge prices,” mentioned a spokesperson for LSEG. 

“The conclusions drawn within the file are subsequently misguided and we can be contacting MSP to request the vital in depth corrections all the way through.” 

A Euronext spokesperson added: “An unbiased research commissioned by means of FESE and revealed by means of Oxera in September 2024, presentations exchanges marketplace knowledge pricing stays affordable, reflecting shifts in knowledge intake, evolving charge constructions, and broader business prices.” 

Moreover, JP Morgan’s survey discovered that real-time knowledge and analytics had been the ‘maximum valued’ (30%) characteristic throughout all product classes and areas, indicating its important significance to investors, the company mentioned. 

Taking a look at different gear, analytics and visuals to strengthen business concept era had been additionally discovered to be extremely valued, with 17% of respondents opting for this software. JP Morgan famous that this was once in particular noticed from investors based totally within the Americas, in addition to throughout quite a lot of product classes. 

“Exportable knowledge and API answers and axes have various ranges of significance relying at the product traded, with notable passion in sure classes like FX and valuable steel choices, and G10 Charges,” added JP Morgan in its file. 

Somewhere else, the findings additionally exposed that get admission to to liquidity was once the highest worry, highlighted by means of just about 25% of respondents, whilst simply over 20% respondents pinpointed regulatory exchange.  

Different key spaces for worry consistent with the ones surveyed had been: tendencies of monetary marketplace generation, marketplace data leakage, execution prices and get admission to to rising and frontier markets. 

The survey – which gained responses from greater than 4,200 institutional {and professional} investors from 60 places, throughout quite a lot of asset categories – represents a “holistic view”, mentioned JP Morgan.