OTC Markets rescues Edgar Online, plans ‘comprehensive’ US disclosure data service

Edgar Online’s new owners discuss their plans for the financial data and filings provider, and how owning the data will be key to expanding the range of services it can offer.

Credit: Risk.net montage

Another week, another exchange buying a data vendor. Two weeks ago, TMX Group acquired events data provider Wall Street Horizon. Last week, OTC Markets snapped up filings and financial data vendor Edgar Online in what may be a sign that even smaller marketplaces are getting in on the act.

The economic drivers for this continuing trend are well established, says Jesse Forster, senior analyst in Coalition Greenwich’s equity market structure and technology practice. “Exchanges get the opportunity

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