Market data fees charged by exchanges continue to be a bone of contention for banks, electronic trading firms and asset managers. And although recent events playing out in the US are adding fuel to the fee fire, frustration levels are rising in Europe…
Recent appointments at the US Securities and Exchange Commission have led some firms to believe regulators and policymakers will finally start to address what they believe to be opaque pricing structures for market data at exchanges. Joanne Faulkner…
Glitches and halts mark first few weeks of transparency requirements at systems operated by regulators.
London-based DSB, the global utility for ISINs, raises fees for current user contracts through 2018.
Report says credit rating agencies are not providing enough clarity on the fees they charge.
The new module arose from a "groundswell" of demand from clients to manage their index costs alongside the costs of index data.
While asset management doesn’t have anywhere near the same level of regulatory oversight as investment banking or consumer retail banking, the winds of change are blowing.
Waters runs through the key facts you need to know about Mifid II, GDPR, BMR and Brexit.
Asset managers could find themselves disrupted by technology companies in the near future, a study finds.
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.