Bridge Raises Monthly Communications Charge, Citing Escalating Volume
PRICING AND FEES
NEW YORK--Effective Aug. 1, Bridge Information Systems will increase its monthly communications charge for its US customers from $350 to $750 for a T1 circuit.
A spokesperson for Bridge says the increase is the first of its kind in five years and is based on the escalating number of trades and quote messages coming from the US markets.
The US equity and equity options exchanges produce significant volumes of traffic throughout the day, which in turn "flood the market," he says. Figures relayed to
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