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Wait, really? That sounds weirdly counterintuitive. Do you know if there's any public information about this? The only thing I could find from a quick search wa
by notamy 4y ago
Wait, really? That sounds weirdly counterintuitive. Do you know if there's any public information about this? The only thing I could find from a quick search was [0] which doesn't provide a huge amount of info...
[0] https://www.reddit.com/r/algotrading/comments/2c1r4e/how_much_does_it_cost_to_rent_stock_exchange/ https://www.reddit.com/r/algotrading/comments/2c1r4e/how_muc...
- humanistbot 4y agoTake a read through the 10-K for the NYSE's parent company, Intercontinental Exchange, Inc.: https://www.sec.gov/Archives/edgar/data/1571949/000157194922000006/ice-20211231.htm https://www.sec.gov/Archives/edgar/data/1571949/000157194922... OP is wrong though. Their entire data and hosting revenue is $838m, but more traditional listing and transaction fees make up the rest of their $3.8b revenue. So basically 20% data and hosting, 80% classic exchange profit: https://www.sec.gov/Archives/edgar/data/1571949/000157194922000006/ice-20211231_g12.jpg https://www.sec.gov/Archives/edgar/data/1571949/000157194922...
- fallingknife 4y agoI read this about the NYSE in particular years ago. I make no claims about overall ICE revenue.