Fixed Income, FX Drive 2007 Data Spend

Broken down by region, the Americas accounted for $11.75 billion, while firms in EMEA and Asia spent $8.52 billion and $2.72 billion last year, respectively.

Fixed-income and foreign exchange sales and trading groups account for the largest spend on financial data in every region, says Douglas Taylor, managing partner at Burton-Taylor. The sophistication of fixed-income instruments makes associated data products proportionally more expensive, while data products used in equity sales and trading

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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