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Exchanges face off in global tech race

Financial News asks Anna Ewing of Nasdaq OMX and Mack Gill of the LSE's MillenniumIT about the opportunities and challenges of exchange technology

For modern stock exchange groups a strategic focus on technology is essential. Over the past decade, global financial markets have grown in complexity, with many firms now relying on speed to make money from trading.

As well as ensuring their own trading platforms are reliable and able to cope with the new breed of increasingly sophisticated strategies, stock exchanges are now scouring the world, looking for places to deploy their technology, generate revenues and in some cases form partnerships with nascent bourses in emerging markets.

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