Exploring the Implications of Data Infrastructure Collaboration in Financial Markets
Highlights:
- LSEG is offering to share the rooftop space of its data centre to address competition concerns.
- The FCA has initiated a probe into the competitive dynamics of the financial market infrastructure.
- This collaborative approach may set a precedent for data sharing practices in the sector.
The London Stock Exchange Group (LSEG) is taking proactive steps by proposing to share the rooftop space of its data centre in response to a competition inquiry from the Financial Conduct Authority (FCA). This move aims to alleviate concerns over market competition and may encourage similar initiatives within the financial sector. The FCA’s probe underscores the importance of transparency and collaboration in financial market infrastructures, potentially reshaping how data sharing is approached across the industry.
