IFS to Expand MTF Tick Data Service

IFS created LMTDS with data from Chi-X, Turquoise, BATS Europe and Nasdaq OMX Europe, after receiving requests for tick data from three unnamed hedge fund clients based outside the UK who are now using the service to back-test their trading models for entry into the London market. After first launching the service in December, IFS will now add data from NYSE Arca Europe, Stockholm-based Burgundy and Hungary-based Quote MTF, completing its coverage of European MTFs.

"We provide data on all the

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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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