Ref Data Industry Embraces Free Data Trend

ken-price

Regulatory pressure and a growing focus on transparency have resulted in more talk about data vendors offering basic data items for free.

The trend towards increased openness was pioneered by counterparty data vendor Avox, which made 200,000 "skinny" counterparty data records freely available via www.wiki-data.com in June 2009, and Bloomberg, which in the same year started making Bloomberg codes publicly and freely available on the BSYM website (bsym.bloomberg.com).

The expectation now is that

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