ICE, LSEG, Deutsche Börse, and SIX are reshaping exchanges into 24/7 financial utilities managing over $100 trillion in assets—bringing speed, efficiency, and new systemic risks. $100 trillion at stake: Why Global Exchanges are turning into financial utilitiesExchanges are taking over the plumbing of finance. Participants now see that market infrastructure itself is changing, and, with it, the concentration of operational risk is increasing. Central securities depositories now safeguard over $100 trillion in assets, making post-trade infrastructure one of the most critical layers of global finance. This shift transforms exchanges from trading venues into core financial utilities, responsible for settlement systems that now operate continuously.

Source: dna March 24, 2026 11:17 UTC