In New Trading Room, Chemical Banks On Digital Feeds


When Chemical Bank shifted its 440 New York City-based traders and salespeople from 277 Park Ave. to a new floor at 270 Park earlier this month, it turned on more than ten digital data feeds and turned off its video switch- distributed data services. Although the bank will rid itself of its video switch, it doesn't necessarily expect to save money on its market data bills.

Do market data managers at the bank think their data bills could actually grow? "It's too soon to tell," says David Jones