A Change Is Gonna Come

INSIDE MARKET DATA FIXED INCOME SPECIAL REPORT

Tullett Financial Information managing director David Mukerji foresees fundamental changes in the fixed-income market

IMD: What was the biggest development for the fixed-income data market in 2004? How did the playing field change?

Mukerji: For me, 2004 was the year that the major vendors set out their stalls. Thomson's acquisition of TradeWeb, Reuters' acquisition of ICOR and talk of a swaps matching system, and Bloomberg's continued push to add to its portfolio of fixed-income transactional