Commentary

Ronald Jordan
Traders Magazine Online News

Understanding Your Data is No Longer Optional

In this contributed article from Global Markets Advisory Group, the advisory discusses the importance of data and how organizations should augment existing skill sets and capabilities to add a data-focused perspective to their operating fabric.

Traders Poll

Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

Yes

74%

No

5%

The CFTC will push for regulation

21%

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November 1, 1998

Boston Block-Data Service Rolls Out The Commissioner

By Staff Reports

A popular online block-data ranking service used by equity-trading desks is adding a new feature that will report the monthly commissions paid by their institutional clients.

The AutexEx Group's BlockDATA is scheduled this month to release The Commissioner Online, a product developed by Financial Data Concepts in Rockville, Md., which tracks commissions as well as the names and market share of the top global agency brokers trading with each account.

The original system, introduced two years ago, is sold as a stand-alone CD-ROM to broker dealers.

BlockDATA, which is based in Boston, said The Commissioner Online is a separate database to its BlockOnline service. Customers will be charged for accessing The Commissioner Online based on usage and other parameters.

"Adding The Commission to BlockOnline is a natural progression from our service. Our goal has been to give clients easy-to-use access to critical information that provides insight in their business," said Bob Moitoso, general manager at BlockDATA, in a prepared statement.

"AutEx's trading data has long been relied upon to promote a firm's trading ability and effectiveness," he added. "Now with commission information, we further our commitment to making BlockOnline the most comprehensive site for ranking trading performance."