We can’t remember being more concerned about the market data business and where it might be headed. If you take the US equities markets as thermometers, the performances of three top measurements so far this year are not good. The Dow Jones Industrial Index is down five percent since December 31, 2001, while Nasdaq is down 24 percent, and the S&P 500 is down 12 percent.
We don’t claim to be market experts, but being in the business this long, we have not witnessed such a steady stream of gut-
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