Price List - UTP/FINRAPrintPrint

 

All fees are monthly unless noted. All fees are subject to change at the discretion of NASDAQ OMX or the UTP Plan. Please note that these prices do not include distributor/vendor access charges or telecommunications charges.

Usage Fees | Annual Administration Fees
UTP Level 1 Monthly Fees
Entitlement Name Security Coverage Monthly Fee
Usage Fees1
UTP Level 1 —
Per Subscriber Option		 NASDAQ Issues Professional/Corporate:
$20 Per Subscriber

Non-Professional:
$1 Per Subscriber
UTP Level 1 —
Per Query Option		 NASDAQ Issues $0.005/Query
UTP Level 1 —
Voice Response Port		 NASDAQ Issues $21.25 per port
UTP Level 1 —
Cable Television Ticker		 NASDAQ Issues First 10 million: $2 per 1,000 Households
Next 10 million: $1 per 1,000 Households
Subsequent: $0.50 per 1,000 Households
Distributor Fees2
UTP Level 1 —
Access Fees		 NASDAQ Issues Indirect Access $500 per firm
Direct Access $1,500 per firm
UTP Level 1 —
Hosted Data Feed
(Non-Display Only)		 NASDAQ Issues $500 per firm
Enterprise License Option3
UTP Level 1 Non-Professionals NASDAQ Issues $600,000 per firm


UTP Annual Administration Fee
Entitlement Name Usage Tier Annual Fee
UTP Level 1 Annual Administration Fee Delayed Data Only $250
 
Details:

1The usage fees are assessed based on the number and type of Subscribers that access real-time UTP/FINRA Level 1 market data. For firms using per query pricing, capping is permitted at the applicable professional or non-professional user rates. See the NASDAQ OMX Data Policies Document for additional information.

2UTP Level 1 Real-Time Annual Administration fee has been replaced with monthly access fees for Level 1 Services. Please refer to UTP Vendor Alert #2011 - 9 - UTP Plan Announces Replacement of Level 1 Real-Time Annual Administration Fee for more information.

3The enterprise license option is only available to broker-dealers registered under the Securities Exchange Act of 1934. It covers Non-Professional usage of UTP Level 1 data offered via a single entitlement system. Please note that the enterprise license covers Non-Professional users of UTP Level 1 data entitlements only. Firms must continue to report and pay the applicable usage fees for Professional users accessing UTP Level 1 data as well as annual administration fees.