Speed, Compliance Gobble Up Data Spend

INSIDE MARKET DATA EUROPE 2006 CONFERENCE REPORT

Despite consolidations and rationalizations, user firms are paying more for market data than ever before, according to speakers on a panel entitled "Small change: A look at market data spending" at the IMD Europe conference last week.

And while there is demand for specific types of data, the main focuses are on speed and compliance with new regulations and exchange audits.

Now that milliseconds are crucial to firms and vendors are looking for a competitive edge, the panelists agreed that comin