Kimsey: Data Budgets Buck Spend Trend

According to Stephen Kimsey, author of the report, the fall is a result of increased spending on other trading applications and services, and firms looking for more efficient ways of sourcing data.

The report notes that the percentage of dealing room technology budgets that firms spend on market data can vary significantly, depending on the size of the organization. While some of the smaller firms interviewed for the report spent the majority of their trading technology budgets on data terminals