It’s called a “select disclosure” agreement and it also allows them to distribute it to privileged clients 2 seconds before the news breaks with service called “ultra low latency” that only works if you pay a monthly have a super high speed, close connection to a stock exchange. This is important…
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Here’s The Email That Bloomberg Sent To The University Of Michigan Back In 2006 Blasting Them For Giving Consumer Sentiment Data Early To Reuters