Waters Wrap: The nature of data and information (And Ion-List thoughts)

Anthony takes a look at the alternative data industry post-GameStop, and wonders about Ion Group’s strategy going forward after recent acquisitions.

Last week I didn’t write a “Waters Wrap” column because I needed a mental break. This week, I’m publishing early on a Tuesday morning instead of Monday morning because…I’m lazy. As they say in Italy, mi dispiace. (Parlo di Italiano, cosi, cosi.)

Below, I’m going to talk about GameStop and Ion Group, but I would encourage you to read Max Bowie’s 4,200-word tome about private markets data; my look into Linedata’s plans to modularize its product offering; Wei-Shen Wong’s drilling into a project

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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