Inside Market Data - Vol 23 No 19
Global spend on financial data could reach $24.3 billion in 2008, driven by demand from sales and trading operations, up from $23 billion last year, according to research released last week from Burton-Taylor International Consulting.
Former Equiduct chief executive Bob Fuller is setting up a new company to provide hosted smart order-routing services for firms that collect low-latency market data from multiple trading venues.
Three Brussels-based banks-KBC Group, Fortis and ING Southwest Europe-have formed a user group to share ideas on how best to utilize their InfoMatch market data inventory management software from Dutch vendor Screen Consultants.
Birmingham, MI-based asset manager Munder Capital Management is in the final stages of migrating analysts and portfolio managers off products from FactSet Research Systems to replacements from Thomson Financial, as part of a broader project to cut data…
Thomson Financial and Reuters have named the second tier of management positions in their combined financial data and news business, to take effect following the merger of Thomson Corp. and Reuters, with Reuters staff securing most key positions.
Reuters has expanded its low-latency Reuters Data Feed Direct service with data from several Asian exchanges, most recently the Tokyo Stock Exchange, officials tell Inside Market Data .
The NYSE-Arca division of the New York Stock Exchange last week rolled out an upgrade to the multicast version of its ArcaBook datafeed to encourage firms still using its legacy unicast feed to migrate to the new version.
The International Securities Exchange has introduced inverted pricing for members, which eliminates market data rebates based on quoting activity on the ISE Stock Exchange, while increasing the rebate for executions that add liquidity, in a move designed…
UK-based data vendor Ionic Information has enhanced a number of features and added new content to the latest version of its Alpha terminal product, which was released last month.
Is content still king? In this age of low latency, is speed everything? Or, with everyone trying to make the most of the market's merger and acquisition frenzy, is branding the next big thing?