The new SPA would require fund administrators to pay additional fees for data sourced via Bloomberg Data License for the purpose of calculating funds' net asset values, and which is subsequently distributed to clients to support the NAV calculations. From Bloomberg's perspective, the license aims to ensure that the data is properly licensed and to protect the intellectual property within the data.
But fund administrators say the fees could prove onerous. Bloomberg will charge a monthly fee of $1
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails