FSA Pressures Reuters, Bloomberg

INDUSTRY FOCUS

Reuters’ share price fell last week following speculation that the Financial Services Authority’s (FSA) proposed ban on the use of soft commissions would put further pressure on its revenues and screen count.

Under a new policy proposed last week, the UK’s FSA suggests eliminating soft commissions, the practice where brokers provide market data terminals and other services to fund managers in return for business. The costs for these services are included in commissions, which are then passed

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: