You suggest in "Rumbling for Reuters" (On Balance, Sept. 27) that David Grigson, Reuters’ CFO, "admitted" that Reuters is more expensive than Bloomberg and accordingly Reuters has introduced a hosted version of its premium product to bring down the cost to clients.
This misrepresents Mr. Grigson’s comments at the Cazenove Media Conference. He was referring to a number of sites where Reuters market data systems have been sold but, with new ways to view Reuters terminals, are no longer require
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails