Market Data Report

The regulatory regime for overseeing the provision of US equity market data is broken, and getting worse. In this 80-page Market Data Report, Healthy Markets examines the evolution of US equity market data, exploring how the public and private market data feeds have developed, and how they are used by market participants. We explore the conflicts of interest and costs that are reshaping the markets and market participants, and offer 14 detailed recommendations on how regulators can make things less complex and less costly for the markets.