Nasdaq Preps PHLX, Fundamental Data Fee Changes

Nasdaq technical glitch hits Apple Facebook and Microsoft

Nasdaq OMX's PHLX market will introduce new market data fees from Jan. 1, 2013, subject to SEC approval, which will introduce monthly professional subscriber fees of $40 per user (whereas the exchange previously charged $20 per month for external professional subscribers, and internal use was free of charge), $1 per month for non-professionals, and a $10,000 enterprise non-display license.

The fees cover the PHLX Depth of Market feed of quotes, orders, net order imbalance data for the opening cross period and last sale data; the Top of PHLX Options (TOPO) best bid and offer and last sale data; and TOPO Plus Orders, which includes the TOPO and PHLX Orders feeds. Clients will only pay the fees once, whether they receive one, two or all of these services.

Also from Jan. 1, Nasdaq will combine entitlements for its Daily List and Fundamental Data products, enabling clients of either dataset to access both for one monthly price of $1,500 per organization. Officials say the pricing keeps costs fair for market data distributors while simplifying fees and administration for the products.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Back to basics: Taxonomies, lineage still stifle data efforts

Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here