Chi-X Canada Bows "Retail Professional" Intermediate Data Fee Tier

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Chi-X Canada's new monthly per-user "Retail Professional" fees of C$6 for Level 1 data and $24 each for Level 2 MBP (market by price) and Level 2 MBO (market by order) data are designed to help firms reduce their overall cost of market data, since the investment advisor space represents the largest share of desktop data consumption in Canada, says Chris Lampropoulos, executive director of NuPont Canada.

In comparison, for stocks listed on the Toronto Stock Exchange's main market, TMX Group

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