FTSE Preps Direct Billing, Reporting for 2011

John White, FTSE

Index provider FTSE will change its commercial policy on Jan. 1, 2011, and begin directly billing and collecting usage reports from end-user subscribers to its real-time data.

FTSE began communicating the policy change in February to clients and third-party data vendors that had previously been responsible for compiling usage reports from end-users and for billing for data on FTSE's behalf, and has continued to refine its policy over the course of this year based on feedback from those vendors,