What price market share? About 125,000 quote machines now rest on brokers' desks. 71,000 are Quotrons. 54,000 are ADP/Bunker Ramo. Citicorp is therefore paying $685 million for about 57 per cent of market. ADP's total outlay for GTE and Bunker is not thought to be more than $70 million. Citicorp's cost per share point: $12 million. ADP's: $1.6 million.

Equatorial Communications Co. has reorganized to re-emphasize one-way data business. Heading new effort is Ken Bentley, former president at

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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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