Softing Still Needs Clarity

INSIDE MARKET DATA EUROPE 2006 CONFERENCE REPORT

The research market risks polarizing around independent providers and the large sell-side firms that can provide additional services as a result of recent regulations on the use of soft-commission programs to pay for research and data services.

This could potentially squeeze mid-tier sell-side firms and boutique shops out of the market, according to panelists at IMD Europe. As a result, "we are going to see the top 10 getting more of the [trading] business," predicted Denise Valentine, senior

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