The Market Data Industry’s Seven Deadly Sins
OPEN PLATFORM
To deliver full economic value to their institutional customers, vendors must strive toward a higher standard of excellence.
By Matthew Schwab, investment information systems specialist
We’ve eradicated the Y2K bug. Likewise, we’ve said good-bye to systems that could not store prices with any more precision than the nearest one-eighth or one-sixteenth. But other harmful features remain, and they lack an industry-mandated deadline. Certainly institutional investors have long realized they often
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