Fees
Shenzhen Stock Exchange Doubles Quotation Rates
Chinese stock exchange, the Shenzhen Stock Exchange has announced that it has increased quotation rates from the Shenzhen market from 114,000 quotes per second up to 228,000 per second.
Canadian Market Participants Skeptical of Proposed Exchange Data Fee Regulation
Proposed regulations in Canada to curb the fees that Canadian trading venues can charge for their real-time market data have received mixed reactions from market participants, who are unconvinced that the new proposals will significantly reduce the cost…
Market Prophit Preps Full Launch, Fees
Social media sentiment analysis provider Market Prophit is preparing to emerge from its beta testing phase and begin charging fees for its service in September, chief executive Igor Gonta tells Inside Market Data.
Ballintrae Unveils BMAP Data Compliance Tool
UK-based technology and market data consultancy Ballintrae has released a new compliance tool, dubbed Ballintrae Map (BMAP), which enables banks, asset managers and other institutional investment firms to map market data flows within their organization…
Open Platform: The ‘Hidden Tax’ of Index Data
As index use has grown, so have the ways in which entrenched index providers are extracting revenues from licensing their indexes and underlying data. But with cost still a key concern, with the popularity of exchange-traded funds growing, and with…
Nasdaq Nordic Bows Tiered EOD Data Fees
Nasdaq OMX has introduced a new set of fees for data vendors who redistribute end-of-day data from its Nordic Exchange, succeeding a previous policy that allowed vendors to distribute end-of-day data to unlimited numbers of third-party recipients for a…
NYSE Preps Standalone Amex, Arca Complex Order Book Options Feeds
NYSE Euronext will break out complex order book data for its NYSE Amex Options and NYSE Arca Options markets into two standalone and separately-billable and -reportable datafeeds, NYSE Amex Options COB and NYSE Arca Options COB, from May 1.
Vendors Reject "Unworkable" Euribor Data Policy
Market data vendors have expressed dissatisfaction with international interest rate-setting association Euribor-EBF's (European Banking Federation) new commercial model--which introduces fees for real-time Euribor rates for the first time, and…
NYSE Delays Order Imbalance Data Fees─Again
NYSE Technologies has delayed the introduction of new fees for order imbalance data from parent NYSE Euronext's New York Stock Exchange and NYSE MKT marketplaces for a second time.
Oslo Børs Nibor U-Turn Irks End-Users
Norwegian exchange group Oslo Børs last week began calculating the Norwegian Interbank Offered Rate (Nibor) benchmark rate, after being appointed the calculation agent by Norwegian financial industry association Finance Norway. However, end-users are…
CME Readies Non-Display Data Fees
CME Group has notified customers of changes to its market data license agreement for 2014, including plans to introduce new fees for certain types of non-display data usage, Inside Market Data has learned.
Nasdaq Hikes Basic, GIDS, Level 2 Fees
Nasdaq OMX has notified clients of a wave of fee increases impacting its Nasdaq Basic feed of real-time best-bid-and-offer and last-sale data for US equities, its Global Index data service and its Level 2 data feeds, to mitigate the costs associated with…
LSE Hits Users with Fee Double-Whammy
The London Stock Exchange has notified customers of a planned 2.5 percent increase in fees for a broad range of its market data services, covering the majority of its redistribution licenses, professional user fees, and non-display and application usage…
Myra Trading's Yanilmaz Discusses the Growing Cost of Market Data at IMD Chicago 2013
Mehmet Yanilmaz, partner at Chicago-based proprietary algorithmic trading firm Myra Trading, reflects on market data costs after moderating a panel on the topic at this year's Inside Market Data Chicago event.
Chi-X Canada Bows "Retail Professional" Intermediate Data Fee Tier
Alternative trading system Chi-X Canada has introduced a new tier of market data fees for professionals such as investment advisors serving retail investors, developed with the assistance of market data and technology product management and marketing…
IMD Chicago: Exchange Data Fees, Policies Hindering New Entrants
The high cost of exchange market data─combined with unscheduled fee increases and a proliferation of new fees for previously free-of-charge data─continues to burden consumers, and is preventing newer firms from entering the market, according to a panel…
NYSE Euronext Hikes EU Cash Feed Prices, Introduces New Delayed Data Fee
NYSE Euronext is increasing the price of its European cash market data feeds and indexes, and also plans to introduce new license fees for redistribution of delayed versions of the products, to bring its policy into line with industry standards, Inside…
