Automated Trading Systems Seen Boosting Market Data Opportunities


The introduction of automated trading systems by futures and options exchanges is expected to provide quote vendors with a glut of information to package and sell. But while exchanges are signaling an open-door policy toward data providers, vendors are privately concerned about possible abuse by competitors that are helping exchanges build the trading systems.

Transactional systems will increase the amount of market information available in a number of ways. Electronic execution facilities wi