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Consolidated feeds cost industry $1.4bn a year, survey finds
Despite the growth of direct data connections, spending on consolidated feeds is set to rise, Greenwich Associates finds
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Capital markets firms spent more than $1.4 billion on consolidated market data feeds in 2017, up 17% from two years ago, stoking concerns about the costs involved and despite growing competition from direct data-feed providers, according to a survey.
The report from Greenwich Associates, Consolidated Market Data Feeds Thrive Despite Rising Data Fees, also shows nearly three-quarters of survey respondents expect their spending on consolidated data feeds to increase over the next 12 months
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