In fact, though the regulation will contribute to rising market data volumes, industry preparedness means it is not the foremost factor behind the increase, panelists said.
Research firm TowerGroup predicted in August that Reg NMS and the European Union's Markets in Financial Instruments Directive could cause a 900 percent increase in the amount of market data being published.
However, data traffic has already been increasing at a rate of 100 percent year-on-year even before the rollout of Reg
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