Promise to Obey
DATA DIVA
The efforts of three different agencies are behind this trend. First is the US Securities and Exchange Commission (SEC), which is trying to improve the US equity markets with Regulation NMS. Reg NMS, however, has come under fire for a variety of reasons. Most relevant to market data people are the potential effects on market data traffic and the proposed changes to how market data revenues are shared.
Over the past few weeks a slew of comment letters have been released in response to the revised
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