UK Data Spend Up 5% in 2005
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Market data spending in the UK increased in the past year to 29 percent of dealing room expenditure, according to a new survey from UK-based Kimsey Consulting.
According to the survey, spending on market data has risen by five percent and now amounts to the second highest segment behind applications, which rose by 10 percent to 32 percent of the total.
Stephen Kimsey, author of the report, says, "[Market data] used to count for the lion's share with [around] 35 percent," but firms' shift from
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