Story perspectives

Market Data Prices Surge 15% Amid Budget Constraints

2/28/2025

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Summary

Story summary

A joint whitepaper from Substantive Research and Expand Research highlights unsustainable market data pricing, with average renewal increases of 15% in 2024 against a 2.01% budget growth.
Some firms face pricing disparities, paying up to 12 times more than peers for the same products.
The FCA has opted against major pricing interventions, leaving financial institutions to manage rising costs without transparency.
Overall market data spending rose by 8.1% in 2024, while ESG data growth slowed to 18%.

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Story summary

A joint whitepaper from Substantive Research and Expand Research highlights unsustainable market data pricing, with average renewal increases of 15% in 2024 against a 2.01% budget growth.
Some firms face pricing disparities, paying up to 12 times more than peers for the same products.
The FCA has opted against major pricing interventions, leaving financial institutions to manage rising costs without transparency.
Overall market data spending rose by 8.1% in 2024, while ESG data growth slowed to 18%.