Pink Adds Market Color with Free Reference Prices

Pink OTC Markets (the former Pink Sheets small-cap OTC equity market) has launched a new suite of market data services, collectively dubbed Real-Time+, which includes Level 1+, which adds bid, ask and aggregate size values to the existing best-bid-and-offer data, Level 2+, which provides full market depth, and Real-Time Reference Price, which provides real-time baseline prices to websites and terminal providers free of charge.

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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