Industry Divisions Stall Standards Progress

Members of FISD's BIPPS working group say participants are putting their own interests first, hampering progress.

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Several panels at the event tackled market data policy standardization, while FISD hosted a meeting of the BIPPS working group—which was established to introduce standards around market data policies—during which members discussed a number of issues, including the definition of an API, the difference between professional and non-professional users, and use cases for derived data.

However, key figures from the BIPPS group, which comprises consumers, vendors and exchanges, tell Inside Market Data

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