Managing Market Data With a Market Data Distribution System

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Reuters holds about 90 percent of the MDDS market. So what does its latest offering mean for market data managers? By Brian Slater, principal, The Duncannon Group

For those of us who manage market data, the concept of doing it on a large scale without a Market Data Distribution System (MDDS) is frightening (although at times it remains shocking even with one). It would be like multiplying the Bloomberg situation--they control you, not you them--by a factor of 10.

The MDDS provides us with a

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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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