The WFE has released an animation designed to educate stakeholders on the importance of valuing stock market data correctly for users who profit from it. The animation forms part of the WFE’s work to ensure that role of exchanges in creating market data is well understood.
The WFE first set out its formal perspective on the topic in January 2019, discussing some of the reasons why data has economic value to some market participants, and followed this with a July 2019 position paper. The latter set out the key questions and considerations, within the framework of the current, misinformed, policy debate for a coherent approach to pricing.
Please click here to watch the animation.