Refinitiv: innovation in 2020 will be evolutionary, not revolutionary

Firms will focus on ongoing projects before embarking on market-changing initiatives

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Neill Penney: while participants focus on growth, innovation will be particularly active in emerging and frontier markets

After spending a decade labouring to comply with regulatory initiatives introduced after the financial crisis, market participants are free to focus on innovating for the sole purpose of growing their business, says Neill Penney, co-head of trading at Refinitiv.

“We think that in 2020, innovation will be evolutionary rather than revolutionary. Because the market effectively needs to finish off things it is currently working on, there remains a certain amount of consistency as to what the market

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