Kimsey: Developing Markets Driving Data Growth
Stephen Kimsey, founder of Kimsey Consulting and author of the research, says that global market data expenditure is currently estimated at $22.7 billion this year─about 35 percent of total spend on trading technology.
Between 2014 and 2016, Kimsey estimates that market data spend will jump by about 3.7 percent, boosted by an increase in trading positions in "developing" markets of between 2,500 and 3,000 net positions, according to the report. The expected increase in spend compares to a 0.7
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