Quarterly Review of SIP Revenue for U.S. Securities Exchanges 2021

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

SIP revenues totaled $441.8 million in 2021, up 4.4% from 2020.

 

Burton-Taylor is proud to introduce the Quarterly Review of SIP Revenue for U.S. Securities Exchanges 2021 report analyzing the SIP revenue sharing program for U.S. equity exchanges and transaction reporting facilities (TRFs).  The report analyzes yearly quote and trade revenue and messaging data for Tape A, Tape B and Tape C equity securities.  The report also provides historical annual revenue and messaging totals for 2012 to 2021, as well as an analysis of each exchange holding company’s activity over the same time period.

 

The report analyzes revenue for the following U.S. exchange holding companies and transaction reporting facilities (TRFs):

  • Nasdaq LLC: Includes revenue for the NSDQ, BX and PSX exchanges, as well as the NASDAQ TRFs.
  • Cboe Global Markets: Includes revenue for the BZX, CBSX, EDGA, BYX, and EDGX exchanges.
  • NYSE: Includes revenue for the NYSE, NYSE National, ARCA, NYSE Chicago, and AMEX exchanges, as well as the NYSE TRF.
  • IEX: Includes revenue since 2016 when IEX became a registered securities exchange.
  • Other: New equity exchanges launched in the third quarter of 2020: LTSE, MEMX and MIAX. These exchanges began earning SIP revenue share during the quarter.

Related Reports

Media Intelligence and PR Software/Information Global Share & Segment Sizing 2022 (Annual Benchmark Study)

US OTC Market Trends and Outlook: Fixed Income & Derivatives Trading 2021

US Treasury Market Reset: Rethinking the Behemoth

REQUEST A CALL BACK

Want to ask about a report or service?