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Monday, October 1, 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?


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq 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. To unsubscribe, also click on the enrollment form

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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

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