Inside Market Data
Inside Market Data
Inside Market Data is a weekly newsletter published by Incisive Media providing news for the financial market data industry. It was launched in 1985 by Waters, later Risk Waters Group, which in 2003 was acquired by Incisive Media.
Reuters Fights On In Tax Dispute Against Texas
By Craig McGuire
Reuters America Inc. (RAM) is cooling its heels in a three-year-old tax-law dispute with the state of Texas. Last month, a Texas court denied RAM’s bid for a sales-tax exemption despite the fact that the state exempts newspapers from such taxation … (Click Here to Read More)
ADP Continues Reorg, Quill Named Senior Vice President
By Craig McGuire
As part of an ongoing reorganization of its Brokerage Information Services Group (BISG), ADP has appointed Kevin Quill senior vice president of institutional markets and has decided to relocate James Lascelles – Vice President of institutional markets, to its London office … (Click Here to Read More)
ADP and Citi Finally Cut Deal for Crossmar
By Craig McGuire
Following months of intense negotiation, and industry speculation, Citicorp and ADP have struck a deal for some of the assets of Crossmar Inc., the bank’s foreign exchange and fixed-income market data vending unit … (Click Here to Read More)
ADP Still Reaching for Buy Side, With Prime Partner
By Craig McGuire
Looking to expand its presence in the institutional marketplace, ADP has launched a new Microsoft Corp. Windows-based quote terminal service combining the core of its flagship FS Partner service with … (Click Here to Read More)
Bloomberg Readies Applix Link Launch; Wingz On Deck
By Craig McGuire
News has emerged that Bloomberg L.P. has constructed two interfaces enabling connectivity between Bloomberg’s fixed-income pricing and analytics service and two real-time spreadsheet applications … (Click Here to Read More)
McGraw-Hill’s FISG Chief Quandt Will Lead Bridge
By Craig McGuire
Welsh Crason Anderson & Stowe has appointed James Quandt chairman and chief executive officer of its newly acquired Bridge Information Systems Inc. subsidiary … (Click Here to Read More)
CATS Releases FiCARD Version 2.1
By Craig McGuire
CATS Software has released version 2.1 of FiCAD, the vendor’s object-oriented development environment for enhancing and extending its Catalyst suite of financial applications … (Click Here to Read More)
Datastream Bags Two Third Parties, Plans One More
By Craig McGuire
Targeting investors in the international and emerging markets, Datastream International Inc., a subsidiary of Primark Corp., recently closed a pair of agreements for third-party data … (Click Here to Read More)
At McGraw-Hill, Campaign to Tout Global Range
By Craig McGuire
McGraw-Hill Inc., two weeks ago renamed The McGraw-Hill Companies Inc., has embarked on a major public relations push aimed at redefining itself as a global business … (Click Here to Read More)
Olde Discount Builds Quote Net and Finds Savings
By Craig McGuire
Having opted not to go with the more conventional quote terminal services offered by ADP and Reuters’ Quotron Systems Inc., Detroit, Mich.-based Olde Discount Corp. is rolling out a customized digital data distribution network to deliver equity quotes and news to approximately 1,500 users … (Click Here to Read More)
Reuters Swallows Sailfish Systems
By Craig McGuire
Reuters has bought the remaining two-thirds stake in risk management software specialist Sailfish Systems that it did not already own. The information vendor has paid $2 million for the outstanding shares to Peter Davies, founder and CEO of the NYC-based software house … (Click Here to Read More)
Shark Customer Robert W. Baird Eyes Alternative
By Craig McGuire
As Shark Information Services Corp. sits on the block, put up for sale by its parent Data Broadcasting Corp., one of its largest clients may be preparing to jump ship. Milwaukee-based Robert W. Baird & Co. is in the process of evaluating … (Click Here to Read More)
Telerate Revenues Grow Fast; But Will They Last?
By Craig McGuire
Dow Jones & Co.’s third-quarter financial statement showed revenues for the publishing company’s Dow Jones Telerate unit growing faster than they have in years. As a result, the market data vendor, which makes up 90 percent of Dow Jones’ so-called information services segment, is at last reaping fairly uniform praise for … (Click Here to Read More)
Thomson Acquires Three Data, Software Vendors
By Craig McGuire
Even as the industry waits on news of the disposition of Bridge and Shark, Thomson Financial Services Inc. and its affiliates have been making plenty of acquisitions of their own … (Click Here to Read More)
Wedbush Back-Office Pick Won’t Impact Quote Service Plans
By Craig McGuire
Los Angeles-based Wedbush Morgan Securities Inc. has opted to replace its ADP BTSI back-office processing system with an offerings from Beta Systems Inc., the Milwaukee-based subsidiary of Kemper Securities Inc. … (Click Here to Read More)
Photo Credit: By Kevin, Courtesy of Unsplash.com