Regulators may need to expand their purviews in future if market structures continue to contribute to rising market data costs, and as new, unregulated and uncontrolled datasets become more widely adopted, according to participants on a panel at the recent Bloomberg Enterprise Technology Summit in New York.
One area that has created concern for trading firms—especially as market data budgets remain under pressure following the financial crisis—is the cost of acquiring data. “There is an issue in
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