The European competition watchdog has launched a probe into the data feed supply agreements between Thomson Reuters and its trading customers.  It is suspected that such agreements lock users into working relationship with Thomson Reuters in breach of antitrust rules. The EU Commission assumes that Thomson Reuters might have a dominant position in the supply of real-time market data.

In contrast, Bloomberg recently set up a website, outside its trademark terminals to provide identification codes for free for the purpose of creating a new industry standard. 

Thomson Reuters stated that it would cooperate with the EU Commission inquiry.

Source:  Financial Times

BIIA Newsletter November – December 2009 Issue