Discontinued — last reported Q1 '19
An increase suggests deeper integration and reliance on the platform by strategic partners, potentially indicating a stronger competitive moat. A decrease may signal a shift in ownership structure or a reduction in the strategic alignment between the platform and its affiliated broker-dealers.
This metric represents the portion of subscription-based revenue generated from transactions or services provided to ent...
Similar to 'related party revenue' or 'strategic partner fees' found in other financial exchanges and trading technology platforms where major shareholders are also primary users of the trading infrastructure.
tw_segment_subscription_fee_revenue_revenue_from_related_parties