The Level01 leaderships stated that the creation of an exchange platform for derivatives is a game-changer in this market, as it will allow the customers to interact directly on the derivatives market, without the need for the involvement of a third party. Apparently TR’s primary role in this partnership is to supply the data so that the participants of the exchange will have real-time pricing analytics for derivative contracts. Think that this is an interesting partnership that will bring our products closer to the customers.
https://www.nasdaq.com/article/thomson-reuters-partners-with-startup-for-next-level-derivatives-exchange-cm1045578