Traderforce Shutters Struggling Data Business

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French data display vendor Traderforce has closed down its market data business, citing low profitability, and will now focus instead on developing trading platforms in Asia and other emerging markets, Inside Market Data has learned.

Officials say the vendor, which previously delivered market data, analytics, fundamental data and technical analysis tools via an ASP model, closed its market data business in November, the same month that its head of marketing and data sales Pierre Laborie left the