31 Jul 2019 Devil in the data as funds call for scrutiny of LSE’s Refinitiv deal

Some trading and investment firms are calling for competition regulators to scrutinize London Stock Exchange’s proposed $27 billion takeover of financial information provider Refinitiv to prevent further market data price hikes.

Asset managers have been pressing regulators in the European Union and the United States to help cut the cost of the financial market data which they buy from exchanges and rely on to make investment and trading decisions.

Read the full story here:  https://www.reuters.com/article/us-refinitiv-m-a-lse/devil-in-the-data-as-funds-call-for-scrutiny-of-lses-refinitiv-deal-idUSKCN1UQ221