2015 Year in Review: Q4 M&A Surge Redefines Data Landscape
Intercontinental Exchange's acquisition of Interactive Data has blurred the line even further between exchanges and vendors.
With trading volumes continuing to slump, exchanges have long been battling to stem the losses in transaction revenues by diversifying their market data products and services. But ICE went one step further and acquired a major market data vendor of its own: Interactive Data, the fourth-largest player in the industry behind Bloomberg, Thomson Reuters and FactSet (In fact, IDC was ICE’s second data vendor acquisition, having bought SuperDerivatives last year.)
On Oct. 26, ICE announced that it
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