As each EU exchange interprets the RCB regulation differently, market data users across the industry are left to grapple with the new pricing policies changes
For investment management firms experimenting with LLMs, the results often fall short of expectations. Bharath Reddy of Finbourne says firms should examine the architecture that sits between the model and the data.
The Waters Wrap: Regulators’ choice not to endorse a securities identifier under a new law keeps business as usual for firms required to pay Cusip license fees—but Reb isn’t ruling out a shake-up just yet.
29 Jun 2026
