Market Data Vendors Explain Their Strategies At SIA Conference


NEW YORK--Market data vendors Bridge, Bloomberg and Reuters are busy preparing for decimalization, but there is still a big question mark hanging over whether conversion will actually take place in July.

Two questions haunted participants at the Securities Industry Association’s (SIA) Decimalization Implementation Conference in New York last week: if the conversion is delayed, what will be the new deadline? And when will it be announced?

The SIA estimates that US securities firms will spend