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Is NYSE’s Corporate Actions Monopoly Broken By ‘Disruptive Data’ Vendor?

Gary Wright

Gary Wright

A leader in financial market innovation based on in depth knowledge of financial markets processes and specialising in data. Creator of business cases for new products and services in financial markets.
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Replacement service for NYSE Corporate Actions at “less than 50%” of the redistribution costs charged by U.S. exchange.

With data being the new oil and the world’s most valuable resource, Exchange Data International (EDI), a vendor based in London with an office in New York serving the global investment community, has announced the launch of a complete replacement service for NYSE Corporate Actions at “less than 50%” of the redistribution costs charged by U.S. exchange. But can EDI cut the mustard?

The investment community is now at a stage where they need to look into just how they are purchasing such corporate actions data – and other data for that matter – and ask themselves if there are cheaper alternatives that are of high enough quality and just as reliable.

Gary Wright, a Data expert and founder City thinktank B.I.S.S. Research and Corporate Actions Benchmarking, commented in the wake of EDI’s move…

Read the full article at Forbes

B.I.S.S. Research is an independent research company facilitating Academic Research for Financial Services.

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Gary Wright

Gary Wright

A leader in financial market innovation based on in depth knowledge of financial markets processes and specialising in data. Creator of business cases for new products and services in financial markets.
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