Friday, June 01, 2012

Data News #2012 - 8
NASDAQ OMX Announces Price Adjustment for NASDAQ U.S. Depth Enterprise License For Non-Professionals

Markets Impacted:

  • The NASDAQ Stock Market

Products Impacted:

  • NASDAQ TotalView
  • NASDAQ OpenView
  • NASDAQ Level 2

Contact Information:

What you need to know:

  • Effective July 1, 2012, NASDAQ OMX® is adjusting the fee structure of the NASDAQ U.S. Depth Enterprise License for Non-Professionals to $500,000 per month pending approval from the Securities and Exchange Commission (SEC).
  • For more information on this NASDAQ Enterprise License option or other products, please contact NASDAQ OMX Global Data Products at +1 301 978 5307.
 

What is the NASDAQ U.S. Depth Enterprise License?

NASDAQ OMX makes its full market depth information available to individual investors. As announced in Data News #2010-25, NASDAQ OMX added a NASDAQ U.S. Depth Enterprise License option for Non-Professionals receiving data via broker-dealers. The Enterprise License allows Distributors to cap monthly Non-Professional usage fees for NASDAQ TotalView®, NASDAQ OpenView and NASDAQ Level 2 data.

Note: the Enterprise License covers Non-Professional Subscribers of NASDAQ Depth data entitlements only. Firms must continue to report and pay the applicable usage fees for Professional Subscribers of its NASDAQ Depth products as well as Non-Professional and Professional Subscribers accessing UTP Level 1 data. In addition, firms must also continue to pay the applicable NASDAQ Depth distributor fees.

What is changing?

Since October 2010, NASDAQ OMX has offered a NASDAQ U.S. Depth Enterprise License for Non-Professionals option of $325,000 per month to broker-dealers registered under the Securities Exchange Act of 1934. The new price will be adjusted to $500,000 per month effective July 1, 2012.

What other Enterprise License options are available?

As outlined in the NASDAQ OMX Data Products Price List, NASDAQ OMX offers multiple enterprise license options for its proprietary data products. The enterprise licenses cover different data sets and different customer profiles.

Distributors are encouraged to contact their NASDAQ OMX Global Data Products Account Manager to discuss which NASDAQ Enterprise License option is best suited to its business needs.

Where can I find additional information?


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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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