Thursday, October 03, 2013

Millisecond data disputes, part 2.0000000100 | FT Alphaville

FT Alphaville, overview of the dissemination debate:

"Does ‘other dissemination’ mean that the decision can be sent to other internal servers run by news organisations? That seems to be the key question, and we suspect there will be more clarity coming on the matter now that this episode has received so much attention.
In any case, it seems that a broader discussion needs to be had about how markets have evolved, and about how their evolution affects the release of public and private data to the market."

Background and information about the question of whether news agencies have been releasing news about Fed decisions from New York or from New York AND Chicago.

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