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                                                                    EXHIBIT 10.8


                          INTERACTIVE DATA CORPORATION

                        2001 EMPLOYEE STOCK PURCHASE PLAN


     1.   PURPOSE. The purpose of the Interactive Data Corporation 2001 Employee
Stock Purchase Plan (the "Plan") is to encourage and facilitate the ownership of
shares common stock of Interactive Data Corporation (the "Company") by eligible
employees of the Company and its Subsidiaries. The Board of Directors of the
Company (the "Board") believes that employee participation in ownership benefit
the employees and the Company. The Plan is intended to constitute an "employee
stock purchase plan" within the meaning of section 423 of the United States
Internal Revenue Code of 1986, as amended (the "Code").

     2.   DEFINITIONS. Capitalized terms used herein and not otherwise defined
herein shall have the meaning set forth below:

     (a)  "Committee" means the Board or a committee appointed by the Board to
administer the Plan.

     (b)  "Compensation" means, with respect to any paycheck, either (i) the
portion thereof representing the gross remuneration paid for services rendered,
or (ii) the portion thereof representing base salary or regular wages, as
determined by the Committee.

     (c)  "Eligible Employee" means an Employee who is eligible to participate
pursuant to Section 4(a).

     (d)  "Employee" means each individual who is an employee of the Company or
a Subsidiary for purposes of federal tax withholding; PROVIDED, HOWEVER, that
the term Employee shall not include any individual (i) who for purposes of
section 423(b)(3) of the Code, is deemed to own stock possessing 5% or more of
the total combined voting power or value of all classes of stock of the Company,
or (ii) who is on an approved leave of absence that has exceeded 90 days and
whose right to re-employment is not guaranteed either by statute or by contract.

     (e)  "Enrollment Form" means the document prescribed by the Committee
pursuant to which an Eligible Employee has enrolled to become a Participant.

     (f)  "Market Value" on any date means the closing price of a Share at the
end of regular trading on such date or, if unavailable, the average of the
closing bid and asked prices per Share at the end of regular trading on such
date (or, if there was no trading or quotation in the Shares on such date, on
the next preceding date on which there was trading or quotation) as provided by




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the United States national securities exchange or interdealer quotation system
on which the Shares are listed or quoted.

     (g)  "Offering" means each separate offering of Shares under the Plan that
occurs during each Offering Period.

     (h)  "Offering Date" means the date on which each Offering Period is to
commence, as determined by the Committee.

     (i)  "Offering Period" means a period of such duration as determined by the
Committee; PROVIDED, HOWEVER, that the duration of the Offering Period shall not
exceed (i) 27 months, where the Purchase Price is set by reference, in whole or
in part, to the Market Value on the Offering Date, or (ii) 5 years, where the
Purchase Price is set solely by reference to the Market Value on the Purchase
Date. Offering Periods may run consecutively or may overlap, as determined by
the Committee.

     (j)  "Participant" means each Eligible Employee who elects to participate
in the Plan.

     (k)  "Purchase Date" means the last day of each Offering Period, and such
interim dates, as determined by the Committee, on which Shares may be purchased
pursuant to the Plan.

     (l)  "Purchase Price" shall mean the price at which a Share shall be
purchased on each Purchase Date, the method for determining which shall be set
in advance of each Offering by the Committee; PROVIDED, HOWEVER, that the
Purchase Price shall not be less than 85% of the Market Value on the (i)
Offering Date, or (ii) Purchase Date, whichever is lower.

     (m)  "Share" means a share of common stock of the Company.

     (n)  "Stock Purchase Account" means a noninterest bearing bookkeeping entry
established by the Company or a Subsidiary, which shall record all amounts
deducted from a Participant's Compensation or otherwise contributed by the
Participant for the purpose of purchasing Shares for such Participant under the
Plan, reduced by all amounts applied to the purchase of Shares for such
Participant under the Plan. Neither the Company nor any Subsidiary shall be
required to segregate or set aside any amounts so deducted or contributed, and
such bookkeeping entry shall not represent an interest in any assets of the
Company or a Subsidiary. All deducted or contributed amounts shall remain part
of the general assets of the Company or a Subsidiary until they are applied to
purchase Shares under the Plan, and until such time may be used for any
corporate purpose.

     (o)  "Subsidiary" shall mean a corporation that is described in section
424(f) of the Code with respect to the Company and that has, with the permission
of the Board, adopted the Plan.

     3. ADMINISTRATION.



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     (a)  The Plan shall be administered by the Committee who shall have the
authority and power to adopt, construe, and enforce rules and regulations not
inconsistent with the provisions of the Plan. In administering the Plan, the
Committee shall ensure that all Eligible Employees have the same rights and
privileges, to the extent required under Section 423(b)(5) of the Code. Any
action of the Committee with respect to the Plan shall be final, conclusive and
binding on all persons, including the Company, its Subsidiaries, Participants,
and any person claiming any rights under the Plan from or through any
Participant, except to the extent the Committee may subsequently modify, or take
further action not consistent with, its prior action. The Committee may delegate
to officers or managers of the Company or its Subsidiaries the authority,
subject to such terms as the Committee shall determine, to perform such
functions as the Committee may determine, to the extent permitted under
applicable law.

     (b)  Each member of the Committee shall be entitled to, in good faith, rely
or act upon any report or other information furnished to such member by any
officer or other employee of the Company, its Subsidiaries, the Company's
independent certified public accountants or any compensation consultant, legal
counsel or other professional retained by the Company to assist in the
administration of the Plan. No member of the Committee, or any officer or
employee of the Company acting on behalf of the Committee, shall be personally
liable for any action, determination or interpretation taken or made in good
faith with respect to the Plan, and all members of the Committee and any officer
or employee of the Company acting on its behalf shall, to the extent permitted
by law, be fully indemnified and protected by the Company with respect to any
such action, determination or interpretation.

     4.   ELIGIBILITY AND PARTICIPATION.

     (a)  During each Offering, each individual who is an Employee on the
Offering Date shall be eligible to participate in the Plan; PROVIDED, HOWEVER,
that with respect to any Offering, the Committee may exclude such Employees who
are described in Section 423(b)(4) of the Code.

     (b)  Each Eligible Employee may elect to participate in an Offering by
completing an Enrollment Form at such time as determined by the Committee.

     (c)  Unless otherwise determined by the Committee, the purchase of Shares
under the Plan shall be funded solely through payroll deductions accumulated
during the Offering Period. In an Enrollment Form, an Eligible Employee shall
designate the amount of Compensation to be deducted from each paycheck, subject
to such maximum limit as may be set by the Committee on a uniform basis. Such
payroll deductions shall be credited to the Participant's Stock Purchase
Account. Increases or decreases to a Participant's rate of payroll deduction
during an Offering Period may be permitted in the discretion of the Committee,
based on uniform rules to be established by the Committee.



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     (d)  Any Participant may voluntarily withdraw from an Offering by filing a
notice of withdrawal with the Committee at such time in advance as the Committee
may specify. Upon such withdrawal, there shall be paid to the Participant the
amount, if any, credited to such Participant's Stock Purchase Account.

     (e)  Except as otherwise provided by the Committee, if a Participant ceases
to be employed by the Company or a Subsidiary, participation in the Plan shall
cease and the entire amount, if any, credited to such Participant's Stock
Purchase Account shall be refunded to such Participant. To the extent provided
by the Committee, if a Participant remains employed by the Company or a
Subsidiary, but ceases to be an Eligible Employee, such Participant may continue
to participate in the Plan through the end of the Offering Period in which such
cessation occurs, but may participate thereafter only pursuant to Section 4(a).

     5.   PURCHASE OF SHARES. Subject to Section 6, on any Purchase Date, there
shall be purchased on behalf of each Participant that number of Shares which
equals the amount then credited to each Participant's Stock Purchase Account
divided by the Purchase Price (rounded down to the nearest whole Share). Any
amounts not so applied (i.e., that would result in a fractional Share) shall
remain in the Participant's Stock Purchase Account.

     6.   LIMITATIONS.

     (a)  The aggregate number of Shares that may be purchased under the Plan
shall not exceed 2,000,000, subject to the adjustments set forth in Section 8.
Shares delivered to a Participant upon purchase may, at the Company's
discretion, either be newly issued directly from the Company from its authorized
but unissued Shares or acquired by open market purchase on behalf of the
Participant. If the total number of Shares subscribed for under any Offering
exceeds the number of Shares then available under the Plan, the Committee shall
make a pro rata allocation of the available Shares in a manner as nearly uniform
as practicable, and as it shall determine to be equitable. In that event, the
payroll deductions made or to be made pursuant to authorizations for that
Offering shall be reduced accordingly and the Committee shall give written
notice of such reduction to each affected Participant.

     (b)  The aggregate number of Shares that may be purchased by any
Participant with respect to any one Offering Period shall not exceed 6,000,
subject to the adjustments set forth in Section 8.

     (c)  No Eligible Employee shall be granted the right to purchase Shares
that would exceed the limitation set forth in Section 423(b)(8) of the Code.

In order to satisfy the foregoing limitations, the Committee shall have the
right to (i) decrease or suspend a Participant's payroll deductions, (ii) not
apply all or any portion of a Participant's Stock Purchase Account toward the
purchase of Shares, and (iii) repurchase Shares previously




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purchased by a Participant at the Purchase Price paid by the Participant. In
respect of Section 6(a) above, any such method shall be applied on a uniform
basis.

     7.   RESTRICTIONS ON SHARES. Shares purchased by a Participant shall, for
all purposes, be deemed to have been issued at the close of business on the
relevant Purchase Date. Prior to that time, none of the rights or privileges of
a stockholder of the Company shall inure to the Participant with respect to such
Shares. All Shares purchased under the Plan shall be delivered by the Company in
a manner as determined by the Committee and may consist, in whole or in part, of
authorized and unissued shares, treasury shares or shares acquired in the market
on a Participant's behalf. The Committee shall have the authority to determine
the restrictions, if any, to which Shares shall be subject (including lock-ups
and other transfer restrictions), and may condition the delivery of the Shares
upon the execution by the Participant of any agreement providing for such
restrictions and/or require that the Shares be held in a brokerage or custodial
account established with a broker or other custodian selected by the Committee
in order to enforce such restrictions.

     8.   ADJUSTMENTS.

     (a)  In the event that the Committee shall determine that any
recapitalization, forward or reverse split, reorganization, merger,
consolidation, spin-off, combination, repurchase or exchange of Shares or other
securities, stock dividend or other special, large and non-recurring dividend or
distribution (whether in the form of cash, securities or other property),
liquidation, dissolution, or other similar corporate transaction or event,
affects the Shares such that an adjustment is appropriate in order to prevent
dilution or enlargement of the rights of Participants under the Plan, then the
Committee shall, in such manner as it may deem equitable, adjust any or all of
(i) the limitations on the number of Shares that may be purchased under Sections
6(a) and (b), (ii) the kind of Shares reserved for purchase under the Plan, and
(iii) the calculation of the Purchase Price.

     (b)  If the Shares shall cease for any reason to be listed on any
nationally recognized stock exchange or quotation system in the United States,
the Plan and any Offering hereunder shall thereupon terminate, and the balance
then standing to the credit in the Stock Purchase Account of each Participant
shall be returned to each such Participant.

     9.   GENERAL PROVISIONS.

     (a)  COMPLIANCE WITH LAWS AND OBLIGATIONS. The Company shall not be
obligated to issue or deliver Shares under the Plan in a transaction subject to
the requirements of any applicable securities law, any requirement under any
listing agreement between the Company and any national securities exchange or
automated quotation system or any other law, regulation or contractual
obligation of the Company until the Company is satisfied that such laws,
regulations, and other obligations of the Company have been complied with in
full. Certificates representing Shares issued under the Plan will be subject to
such stop-transfer orders and other



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restrictions as may be applicable under such laws, regulations and other
obligations of the Company, including any requirement that a legend or legends
be placed thereon.

     (b)  NONALIENATION. The right to purchase Shares under the Plan is personal
to the Participant, is exercisable only by the Participant during such
Participant's lifetime except as hereinafter set forth, and may not be assigned
or otherwise transferred by the Participant. Notwithstanding the foregoing,
there shall be delivered to the executor, administrator or other personal
representative of a deceased Participant such Shares and such residual balance
as may remain in the Participant's Stock Purchase Account as of the date the
Participant's death occurs. However, such representative shall be bound by the
terms and conditions of the Plan as if such representative were a Participant.

     (c)  TAXES. The Company or any Subsidiary shall be entitled to require any
Participant to remit, through payroll withholding or otherwise, any tax that it
determines it is so obligated to collect with respect to the purchase or
subsequent sale of Shares, and the Committee shall institute such mechanisms as
shall insure the collection of such taxes. If Shares acquired with respect to an
Offering are sold or otherwise disposed of within two years after the Offering
Date or within one year after the Purchase Date, the holder of the Shares
immediately prior to the disposition shall promptly notify the Company in
writing of the date and terms of the disposition and shall provide such other
information regarding the disposition as the Company may reasonably require in
order to secure any deduction then available against the Company's or any other
corporation's taxable income. The Committee may impose such procedures as it
determines may be necessary to ensure that such notification is made (e.g., by
requiring that Shares be held in a brokerage or custodial account established
with a broker or other custodian selected by the Committee).

     (d)  NO RIGHT TO CONTINUED EMPLOYMENT OR SERVICE. Neither the Plan nor any
action taken hereunder shall be construed as giving any employee, director or
other person the right to be retained in the employ or service of the Company or
any Subsidiary, nor shall it interfere in any way with the right of the Company
or any Subsidiary to terminate any employee's employment or other person's
service at any time or with the right of the Board or stockholders to remove any
director.

     (e)  CHANGES TO THE PLAN. The Board may amend, alter, suspend, discontinue
or terminate the Plan without the consent of stockholders or Participants,
except that any such action shall be subject to the approval of the Company's
stockholders at or before the next annual meeting of stockholders for which the
record date is after such Board action if (i) such stockholder approval is
required by any law or regulation or the rules of any stock exchange or
automated quotation system on which the Shares may then be listed or quoted, or
(ii) the Board, in its discretion, otherwise determines to submit other such
changes to the Plan to stockholders for approval; PROVIDED, HOWEVER, that,
without the consent of an affected Participant, no such action may materially
impair the rights of such Participant with respect to any Shares previously
purchased



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by the Participant. Upon termination of the Plan, any amounts then credited to a
Participant's Stock Purchase Account shall be returned to the Participant.

     (f)  NONEXCLUSIVITY OF THE PLAN. Neither the adoption of the Plan by the
Board nor any submission of the Plan or amendments thereto to the stockholders
of the Company for approval shall be construed as creating any limitations on
the power of the Board to adopt such other compensatory arrangements as it may
deem desirable, including, without limitation, the granting of stock options or
purchase rights otherwise than under the Plan, and such arrangements may be
either applicable generally or only in specific cases.

     (g)  GOVERNING LAW. The validity, construction and effect of the Plan, any
rules and regulations relating to the Plan shall be determined in accordance
with the laws of the State of Delaware, without giving effect to principles of
conflicts of laws, and applicable federal law.

     (h)  EFFECTIVE DATE. The Plan shall become effective as of the date of its
adoption by the Board, subject to approval of such adoption by the Company's
stockholders within 12 months of the date of such adoption.


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