Burton-Taylor: 2011 Global Data Spend Tops $25 Billion

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Industry spend on market data rose 6.64 percent to almost $25.1 billion globally in 2011, though price increases and the strengthening US dollar contributed significantly to that growth, rather than genuine expansions of data use, according to new research released this week by Burton-Taylor International Consulting.

Within these figures, growth in Bloomberg’s market share along with Thomson Reuters’ declining market share over recent years means the two vendors now command virtually equal share

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