Singing to the Tune of Data
Wei-Shen Wong wonders about the future of market data models, and how pricing models need to change.
At this year’s Asia Pacific Financial Information Conference, held in Hong Kong recently, James Watson, global head of sales for interdealer broker Tradition, gave an interesting presentation, discussing key takeaways the market data industry can learn from the music world.
The music industry has changed dramatically since the 1990s. I remember, quite vividly, when I got my first cassette tape (it was the Backstreet Boys, if you must know). I had a couple more after that album, and then CDs
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