ITWeb caught up with the JSE’s Mark Randall to find out more about what the bourse’s cloud-based marketplace offers and where it’s going in the future.
Mark Randall of the Johannesburg Stock Exchange provides insight into its recently-launched data marketplace service and its future plans. # JSE #trading #data #financial
He said data is the “life blood” of the trading environment, as traders need to understand the current price, areas of trading activity, loss price and volatility. “In the exchange world, we have data vendors or aggregators that get data from lots of sources and deliver those to end clients; that obviously adds a layer of costs. Sometimes these are offshore players, so they get charged in dollars . Our clients were asking us to provide data in new and different formats and perhaps in different locations, which triggered our data infrastructure modernisation journey.
Johannesburg Stock Exchange Data Trading Financial Services Cloud Marketplace Mark Randall Itweb Cloud And Data Centre Summit
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