Monday, October 01, 2012

Data News #2012 - 16
NASDAQ OMX Will Increase NASDAQ Level 2 Professional Usage Fees in 2013

Markets Impacted:

  • NASDAQ Stock Market

Products Impacted:

  • NASDAQ Level 2

Contact Information:

What you need to know:

  • NASDAQ OMX plans to increase the NASDAQ Level 2 Professional usage fee by $10 per month per Subscriber, effective January 1, 2013.
  • NASDAQ OMX will not be adjusting the NASDAQ Level 2 Non-Professional Subscriber fee.
 

What is changing?

Pending Securities and Exchange Commission (SEC) approval, NASDAQ OMX® will increase the NASDAQ Level 2 Professional usage fee by $10 per month per Subscriber as of January 1, 2013. Note that the NASDAQ Level 2 Non-Professional Subscriber fee and the NASDAQ OpenView Non-Professional and Professional Subscriber fees will remain unchanged.

While NASDAQ TotalView® is our premier full-depth product offering, NASDAQ OMX will continue to support NASDAQ Level 2 for the short-term. In order to provide support for this legacy product, NASDAQ OMX will assess the first price change for NASDAQ Level 2 Professional usage since 1983. For more information on our premier NASDAQ TotalView product and how it differs from NASDAQ Level 2, please visit NASDAQ TotalView Benefits.

What is the new fee schedule for NASDAQ Level 2?


Service Level
Subscriber Fee(per month)
NASDAQ Level 2 Professional
$46*
NASDAQ Level 2 Non-Professional
$10*
*Subscriber Fees include both Level 2 and OpenView entitlements

What is the effective date of the new NASDAQ Level 2 Professional usage fee?

NASDAQ OMX plans to increase the NASDAQ Level 2 Professional Subscriber fee as of January 1, 2013. This 90-day notice period provides Distributors and Subscribers time to budget accordingly.

Where can I find additional information?


Subscribe to Email Alerts:
NASDAQ OMX is offering customers the ability to self select news delivery across various NASDAQ OMX markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the NASDAQ Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding NASDAQ's trading and data products, regulatory issues or marketplace initiatives.

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About the NASDAQ OMX Group:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.

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