Who owns the market data I'm paying for?
Some providers lease you the data. EDI lets you buy it. Here’s the difference.
When purchasing market data, you depend on the provider to keep you compliant and competitive day after day. However, it is important to note that market data providers also compete for your business.
If you are interested in a new data provider, the first question to ask is: What will it cost me to change?
There are at least three obstacles to changing, from aligning database securities and fields to overpaying for data during your integration period. Here are the potential problems to consider – and how EDI resolves them all for you.