Do Lower Market Data Prices = Customers?
THE INSIDE TRACK
On several occasions, we have aired our bearish views on the state of the market data business. This well-worn mantra starts with the burst of the dot-com bubble, an economic slowdown and tanking equities markets that took the Dow Jones Industrials from a high of 11,750 on January 14, 2000, to an intraday low of 8,558 on July 10 (a decline of 27 percent). If that wasn’t enough, investors are being spooked by spreading corporate accounting misdeeds and the probable rump thwacking Congress has in
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