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As Expected, Reuters Led Data Distribution Biz in '96, Market Saturation, New Strategies Seen As Causes For $7 Million Drop In Revenues Charted by MDI

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    • WatersTechnology Staff

Revenues for the global trading systems integration industry declined by a hair in 1996, according to Waters Information Services' MDI: The Market Data Industry report. This is primarily because the market has become saturated and vendors have set their sights on non-financial companies. Many are also considering new marketing strategies or have major overhauls under way.

For the year ended December 31, 1996, total revenues were $411.3 million, down 1.7 per cent from $418.6 in 1995. (All of the

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