Regulation Won’t Address Market Data Costs
By Joanna Wright
December 7, 2020, WatersTechnology
European guidelines issued in November, the latest regulatory attempt to address what market participants say is the high cost of market data, might help to harmonize some existing practices at trading venues. What they won’t do, though, is address the root causes of these high costs, or the complexity of market data usage policies and licenses, market participants and practitioners say.
“This document is a way of trying to satisfy everybody, but really ends up satisfying nobody,” says Aquis Exchange CEO Graham Dick.
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