Monday, January 10, 2005

News Analysis - Market Magic: The Financial Market Data Industry Tries to Tailor Itself for Better Times

O the tales of woe that have bled forth from financial market data vendors these past several years. While the worst of the damage seems to have passed, it leaves many wondering what future this industry - now USD 7.11 in girth according to Shore's latest research - will be as the financial marketplace continues to wrestle with lean and competitive times. Wishing for an uptick in the markets is not enough to stave off the bears at the door of most market data vendors. It will take a fresh look at what really makes a profit in today's financial content marketplace to turn the tide - and some hard-nosed decisions that some may be hesitant to make.

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