Toronto Financial Information Summit: Users Seek Transparency in Pricing Market Data, Vendor Fees

toronto

Trading firms located in Toronto are looking for more transparency into over-the-counter pricing data as new regulations move OTC trading to centrally-cleared platforms, and as OTC trading volumes increase. But in the face of continuing budget pressures, firms are also seeking more partnership-type relationships with their data providers, according to panelists at the recent Toronto Financial Information Summit, hosted by Inside Market Data and Inside Reference Data.

While equity trading volumes

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A bill requiring US regulators and institutions to adopt a machine-readable data framework for reporting purposes applies to entity identifiers, but not security identifiers, in a crucial difference, writes Scott Preiss, SVP and global head of Cusip Global Services.

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