While researching Reuters’ share price history recently, we looked to Dow Jones Interactive and Yahoo! Finance’s historical databases. What we found surprised us, but not for the reason you think. We found that the ADR data for the March 7, 2000 high price did not match. Yahoo! Finance showed $156.94 while Dow Jones reported $157.25. To us, close--like in hand grenades and horseshoes--is OK. But to professional investors, close isn’t nearly good enough.
In fact, data quality is a problem that
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