Bridge Market Data Preparing To Roll Out Cut-Rate Money Market Service


A new low-end money market quotation service is being readied by St. Louis-based Bridge Market Data. Aimed at small banks, the service will rely on data contributed by larger regional banks, and will cost as little as $300/month.

Launch of Bridge's Money Market Service awaits completion of the company's new Ku-band satellite network (MTR, April 1986), and "debugging" of relations with contributor banks, says Buford Smith, president of Bridge's communications unit. The product has been in test

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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.

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