New Report Says Market Data Death Match Hurts U.S. Equities Market

As myriad exchanges have entered the market data space as a means of providing traders an alternative source of actionable data, one market consultant said that too many choices might actually hurt the marketplace and ultimately, investors.

In Tabb Groups latest research, Over the long run, commented Tabb, traders could shift business to fee-friendly exchanges, fund new competitors, or develop creative solutions. However, he adds, if in the short term we cannot effectively pressure regulators to change the market data governance structure, we are left with few options besides lawsuits and fighting to change public opinion.