There could be good news coming for one side of a war tearing Wall Street apart (NDAQ)
|10/23/2017||Posted by BusinessMediaguide.Com under General World News||
- Trading firms have long complained about the mounting cost of data charged by US exchanges like the New York Stock Exchange and Nasdaq.
- The Securities and Exchange Commission’s appointment of Brett Redfearn, a trading veteran and critic of the way exchanges sell data, may signal change is on the way.
Wall Street has been embroiled in a civil war between traders and exchanges over the rising cost of market data, and a recent hire by the Securities and Exchange Commission is being viewed as a win by one side of the war.