Reuters Results Above Expectation; But Instinet Revenue Growth Slows


Despite better than expected first quarter 1997 financials, Reuters is seeing a slowdown in the growth of its Instinet equities trading service, and has cautioned that it will not see any revenue growth in 1996 from its 3000 series products, which it plans to target at buyside firms and investment researchers on the sell side.

Reuters reported a six per cent growth rate--to $660 million--in its core information products business in the first quarter, a rate that analysts said was better than

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FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

Waters Wrap: Inside the mind of the CTO

After having one-on-one conversations with eight different senior bank technologists, Anthony explains how these execs look at innovation strategy from a philosophical perspective.

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