Small Change, Big Challenge: Battling the Rising Tide of Data Notifications
With data notifications growing in volume and complexity, firms are finding it harder to keep track of these changes. Some vendors are looking to help.
“Oh, I’m sorry. I must have missed your email.” It happens all the time. But usually a missed message doesn’t incur financial penalties or unexpectedly halt the flow of market data into trading systems. However, missing a data notification message from a vendor or exchange about a change in the data available, the format in which data is delivered, or the fees that apply to specific datasets can cause exactly that.
“This is one of the least interesting aspects of market data management, but it
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