Users: Utility Would Resolve Increasing Data Costs


LONDON - A data utility would bring an end to increasing data costs, according to users at the Xtrakter conference held in London in May.

The users agreed the issue they face today does not revolve around the instrument itself but on the way it is being sold to them as consumers.

A representative of the Information Providers User Group (IPUG) who spoke at the conference said: "Today, when you buy an instrument, you do not pay for the data but you are paying for the usage of that data. If there w