Licensing and user agreements surrounding ANNA's service burea for OTC derivative ISIN numbers have sparked fireworks over recent months as the service goes live ahead of Mifid II. Joanne Faulkner investigates.
Axon's new ACT tool will provide speedier and more accessible data on a firm's application data usage, as well as—when used with its PEAR tool—helping to understand the cost impact of exchange policy changes.
MEP Markus Ferber tells Waters that this change “must not mean that the ESAs can do what they want to just because they get more money,” and that the ESG provisions are “a non-starter”.
MiFID II’s data disaggregation requirements aim to reduce data costs by forcing marketplaces to unbundle datasets and sell consumers only the specific data they need. But in reality, this seemingly simple and cost-reducing idea could make buying and…
MiFID II’s ban on broker-subsidized free research will leave sell-side firms with a multitude of challenges—not least how to price research so as not to lose customers who might direct trading elsewhere, without appearing to incentivize clients to trade…
European exchange group Euronext has signed a deal for clearing services with LCH, scuppering a previous agreement with ICE
Buy-side users get access to Eikon’s pre-trade content and functionality through the Redi EMS.
Markets watchdog releases blistering criticisms of client charges and proposes all-in fee
Minus the impact of Interactive Data's acquisition, the underlying increases in exchange data revenues overall show no sign of slowing.
The new module enables market participants and exchanges to determine their performance and share of liquidity against other trading firms and exchanges.
The fees could have added thousands of pounds to spend by firms that consume delayed data, which is generally provided free of charge.
Agency invites public comment on how its bureau will charge for ISINs for OTC derivatives, will provide more information via webcast
Max delivers his rundown of the top themes of the year... in verse!
Following "significant engagement" with users, LME has introduced an exception to its policy that those who do not contribute to pricing should pay for data.
The exchange aims for its commercial policies to position its indexes against long-established incumbent providers.
Members of the project's advisory council say indexes are a top-five data cost, yet factors such as switching costs and brand recognition deter them from changing suppliers.
BATS Europe will offer two commercial policies for its data──its existing policy, and one designed to help firms affordably meet the requirements of MiFID 2.
The pricing change for ASIC and MAS transactions is effective Oct. 1.
With US political conventions in full swing, Max outlines his manifesto for data democracy.
By incorporating trading capabilities from OptionsCity Software, clients can eliminate duplicate applications and data fees.
Exchanges are becoming more like data companies according to industry experts at the FIA International Derivatives Expo
Fees aren't immoral or unethical... mostly.
S&P is telling clients that it plans to move its price structure to enterprise licenses, which will likely result in fee increases, sources say.
Euronext will not charge firms to license the indexes, providing that they are using the indexes to create new investment products.