UK Data Spend Up 5% in 2005


Market data spending in the UK increased in the past year to 29 percent of dealing room expenditure, according to a new survey from UK-based Kimsey Consulting.

According to the survey, spending on market data has risen by five percent and now amounts to the second highest segment behind applications, which rose by 10 percent to 32 percent of the total.

Stephen Kimsey, author of the report, says, "[Market data] used to count for the lion's share with [around] 35 percent," but firms' shift from

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit broker dealers’ use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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