Another One Bites the Dust
ON BALANCE
So, another market data aggregator has given up the ghost. HyperFeed Technologies has completed its plan to stop selling aggregated data and instead develop and license ticker plant and distribution services (see story, this issue). Should the industry be concerned that yet another data vendor is out of the business? After all, everyone knows that competition is good. Certainly users are clamoring for more of it.
The answer is yes and no. Obviously, there is one less vendor to choose from, and
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