Opening Cross: The Royal O’Tannenbaums of Market Data
Wishing all our readers a very happy ho-ho-holidays.

Oh datafeed, Oh datafeed,
How deep and rich your content is.
You serve a multitude of needs
From HFTs to back offices.
From A to B you get my data,
Low latency won’t wait ‘til later
Oh datafeed, oh datafeed,
Supporting trading businesses.
Oh Bloomberg screen, Oh Bloomberg screen,
I can’t deny your quality.
But what makes us all quite nervous
Is whether you still spy on me.
You’ve gained a nasty reputation
For spotting rate manipulation.
Oh Bloomberg screen, Being overseen
Has dampened my frivolity.
Oh Symphony, Oh Symphony,
A golden opportunity.
To go on a bender of ripping out vendors,
That burden our community.
We’ll start with chat, then add some more
From vendors who are in your app store.
Oh Symphony, Oh Symphony,
We’ll build our own sweet harmony.
Oh FutureSource, Oh FutureSource,
How bright are lit your prices.
But I must review whether I still use you,
Now IDC is ICE’s.
I don’t know how it impacts me,
But surely you’ll increase your fees.
Oh FutureSource, oh FutureSource,
I’ll have to do an RFP.
Oh Thomson Reuters, Thomson Reuters,
Can you become a Bloomberg-killer?
Will you be king by offshoring
To datacenters in Manila?
Your FX news is unsurpassed,
Your latency is pretty fast.
Oh Thomson Reuters, Thomson Reuters,
2016 could be a blast!
Oh reader dear, Oh reader dear,
We thank you for your loyalty.
And hope that you will soon renew
Your subscription to IMD.
May next year be a prosperous one,
Filled with success and lots of fun.
Oh reader dear, Happy New Year,
From Faye and Joanne, and from me.
Inside Market Data will take a break from printing over Christmas and the New Year, with our next print issue delivered as usual on Monday, Jan. 11. In the meantime, we’ll continue to update the IMD website with news over the holidays. So until we print again, season’s greetings from the IMD and WatersTechnology staff, and a very Happy New Year to all our readers and their families.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
How fintechs can weather the funding winter
Investment into UK fintechs are slipping. Azimkhon Askarov, co-CEO and partner at Concryt, writes of a few strategies to help them through tough macroeconomic conditions in this guest column.
LSEG’s private funds platform, Microsoft’s new datacenter, and more
The Waters Cooler: New private markets solutions, M&A activity, and a sprinkle of DLT in this week’s news roundup.
BlueMatrix acquires FactSet’s RMS Partners platform
This is the third acquisition BlueMatrix has made this year.
Waters Wavelength Ep. 331: Cresting Wave’s Bill Murphy
Bill Murphy, Blackstone’s former CTO, joins to discuss that much-discussed MIT study on AI projects failing and factors executives should consider as the technology continues to evolves.
FactSet adds MarketAxess CP+ data, LSEG files dismissal, BNY’s new AI lab, and more
The Waters Cooler: Synthetic data for LLM training, Dora confusion, GenAI’s ‘blind spots,’ and our 9/11 remembrance in this week’s news roundup.
Chief investment officers persist with GenAI tools despite ‘blind spots’
Trading heads from JP Morgan, UBS, and M&G Investments explained why their firms were bullish on GenAI, even as “replicability and reproducibility” challenges persist.
Wall Street hesitates on synthetic data as AI push gathers steam
Deutsche Bank and JP Morgan have differing opinions on the use of synthetic data to train LLMs.
A Q&A with H2O’s tech chief on reducing GenAI noise
Timothée Consigny says the key to GenAI experimentation rests in leveraging the expertise of portfolio managers “to curate smaller and more relevant datasets.”