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.