18 January 2018
visit www.ebaday.com

RNS still dominates regulatory news market

17 April 2003  |  1996 views  |  0 RNS still dominates regulatory news market

A year on from losing its monopoly on distributing company announcements, the Regulatory News Service (RNS) still has more than four fifths (83.49%) of the market.

The latest survey from Knowledge Technology Solutions (KTS) shows that although seven primary information providers (Pips) now announce regulatory news, RNS has maintained a large chunk of the market, despite the other firms having different pricing models and services.

The survey, which used data sourced from KTS' QuoteTerminal product, shows that only PR Newswire has made any real impact, capturing just over 10% of the market. The remaining five Pips, which include Waymaker and BusinessWire, share less than seven per cent.

Marc Pinter-Krainer, chief executive, KTS, says: "It was always going to be tough for the new Pips to compete with RNS because it already had such a well-known name and was the place everyone looked for market news."

Before the market opened to competition, the cost of making regulatory announcements was included in the London Stock Exchange annual listing fees.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Williams de Broë licenses KTS QuoteTerminal system

Williams de Broë licenses KTS QuoteTerminal system

07 April 2003  |  3012 views  |  0 comments
Prudential-Bache moves to KTS QuoteTerminal

Prudential-Bache moves to KTS QuoteTerminal

28 March 2003  |  5579 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.thomsonreuters.infovisit www.capgemini.com

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11849 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10129 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9833 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9531 views comments | 17 tweets | 14 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9451 views comments | 14 tweets | 16 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job