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Market Data market on the up.(Brief article)
Byline: Laura Smith
New research has found that the market data industry is forecast to grow by more than 40% over the next five years, as financial institutions seek to harness a wider range of information for competitive advantage. The growth of new markets, particularly in Latin America and the Asia Pacific, will help fuel the appetite for data on traded securities and commodities, according to a report published by market research consultancy IRN Research.
The study found that while real-time, historical and reference data has been used for years, reference data, such as information from news stories, company financial ratios, accounts and trading statements, is ...
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Source: HighBeam Research, Market Data market on the up.(Brief article)