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the big underlying question: why does financial data cost so much? why does it cost 20.000$/year to subscribe to the NYSE feed? because banks and exchange build
by bachback 13y ago
the big underlying question: why does financial data cost so much? why does it cost 20.000$/year to subscribe to the NYSE feed? because banks and exchange build their own network and profited from standing in between. this will change. new structures will replace large parts of banks and exchanges. it starts with payments but it doesn't stop there.
- twic 13y agoExchanges are natural monopolies. As such, they really ought to be regulated in such a way that they cannot be exploited to create unnatural monopolies. But they aren't, and so someone has.