The DC appeals court has denied a petition to void a rule that seeks to bring competition to the US consolidated tapes.
A look at some of the key people moves from this week, including Shannon Johnston (pictured), who joins Deutsche Börse as chair of the supervisory board's technology committee.
As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.
In 2020, Cboe Global Markets acquired three businesses in rapid succession. Two years later, the tech stack integrations are complete, and the now-combined entities make up the majority of the exchange’s rebranded Risk and Market Analytics Group.
Upstart Snowflake hopes to be the global data network that brings true interoperability between data and trading platforms across the capital markets. Anthony says it’s an audacious plan, but one worth watching.
Data sources are realizing they can leverage end-user inventory management tools to streamline their side of the data sales and licensing process.
Congress is stepping into the US equity market data debate as the DC Circuit Court of Appeals considers dismissing the SEC’s initiatives.
Thanks to technological advancement, firms are finding new ways to monetize data. While the question of “who owns the data” was never a pressing one in the past, Anthony says that there are reasons to believe that will soon change.
Litigation preview: What will the big exchanges argue in a court case to reverse the SEC’s initiatives?
A look at some of the key people moves from this week, including Michelle Neal (pictured), who joins the Federal Reserve Bank of New York as head of the markets group.
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can…
As data and analytics change, so too must the CDO function. Anthony also looks at the appointment of Lynn Martin as president of NYSE.
A look at some of the key "people moves" from this week, including James Bunch (pictured), who joins TRG Screen as chief technology officer.
Aspirant ‘competing consolidators’ were hoping for a lot more leeway than they got in an important fee filing, Jo says. By Jo Wright
The business unit of the new equities data plan could revolutionize pricing and accessibility in the public feeds of NMS data, say hopefuls to the role, but litigation and lack of clarity obscure the path forward.
A once crowded space, the middle market for data technology companies is becoming more valuable as vendors target scale to fend off rivals and take on bigger providers.
A look at some of the key "people moves" from this week, including Brian Lynch (pictured), who joins SteelEye as president of US operations.
Jo ponders some of the important pieces of the regulator’s National Market System modernization that remain obscure.
Implementing governance structure for new US public equities datafeeds within a year is highly unlikely, say industry observers.
August 9 is when regulators could approve the governance plan for the new system of datafeeds in the US. Jo says this would be an important step forward for those hoping to create new businesses under the regime.
A look at some of the key "people moves" from this week, including Paul Flanagan (pictured), who joins Theta as strategic sales advisor.
A look at some of the key "people moves" from this week, including Justin Manikas (pictured), who has been appointed vice president of partnerships at Nomad Data.
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Interdealer brokers are looking enviously at the way exchanges have been able to grow data revenues, providing a stable stream of profits as other business lines have declined. But following the exchange model has its own challenges.