
Technology innovation - Source

When London-based Source launched its platform in April this year, it boasted big ambitions – to concentrate liquidity in exchange-traded products (ETPs), improve market efficiency and reduce counterparty risk.
The exchange-traded fund (ETF) market is large and still growing, with $150 billion invested in more than 700 funds from 30 issuers, spanning 20 exchanges. Source decided the potential for expansion was huge, and its recipe for success included getting a core of big-name equity houses on
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