Lower Costs Enable European Trading Venues to Gain Market Share

ROCKVILLE, MD, May 11 (MARKET WIRE) --
MarketResearch.com has announced the addition of TowerGroup's new report,
"Lower Costs Enable European Trading Venues to Gain Market Share from
Exchanges," to their collection of Banking & Financial Services market
reports. For more information, visit
http://www.marketresearch.com/redirect.asp?progid=67618&productid=2108022.

Multilateral trading facilities (MTFs) relationships are critical in all
segments.

MTFs will continue to erode market share of traditional exchange trading
venues, albeit gradually, as their substantially lower transaction costs
and increasing concentration of liquidity become more apparent to market
participants.

Margins at exchanges are under pressure as the MTFs' pricing advantages
compel them to reduce prices and compete on services, including
value-added services and lower latency.

The proliferation of trading venues in Europe will lead to greater
fragmentation and eventual reaggregation of liquidity, but TowerGroup
expects no more than 8-10 and more likely as few as 5-6 alternative venues
will exist within five years.

It is likely that the traditional exchanges will gradually transform
themselves into some form of lower-cost providers organically or through
acquisitions of multilateral trading facilities.

Topics covered in the report include...
TowerGroup Take-Aways
Report Coverage
Background
Key Findings
Summary

For more information visit
http://www.marketresearch.com/redirect.asp?progid=67618&productid=2108022

Contact:
Gregg Kellett
MarketResearch.com
gkellett@marketresearch.com
240.747.3008

Copyright 2009, Market Wire, All rights reserved.

-0-