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Nymex Raises Data Fees

The New York Mercantile Exchange should see a boost in market data revenues as of January 1 next year, following the announcement that it will revise its fees for real-time market data. Under the new fee structures, subscribers consuming data from Nymex via more than one device will see their monthly costs rise by $18 per device. The exchange will adopt a $40 flat fee, meaning that the fee for one device will drop by $15 from $55, but the fee for additional devices will

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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