Tuesday, June 24, 2014
Data News #2014 - 6
NASDAQ OMX Announces Level 2 Fee Changes Effective January 1, 2015
Markets Impacted:Products Impacted:Contact Information:
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What you need to know:
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What is changing?
Pending a Securities and Exchange Commission filing, NASDAQ OMX® will increase the NASDAQ Level 2 Professional Subscriber fee by $5 per month as of Thursday, January 1, 2015. Note that the NASDAQ Level 2 Non-Professional Subscriber fee and the NASDAQ OpenView Non-Professional and Professional Subscriber fees will remain unchanged.
NASDAQ OMX continues to move towards a more harmonized pricing of its depth offerings. The price change allows NASDAQ OMX to continue to support this legacy product in tandem with the premier, full-depth product, NASDAQ TotalView®.
For customers interested in a premier full-depth offering, NASDAQ TotalView is the best alternative to Level 2. For more information on how it differs from NASDAQ Level 2, please visit NASDAQ TotalView Benefits.
What is the new fee schedule for NASDAQ Level 2?
Effective Thursday, January 1, 2015, the NASDAQ Level 2 fee schedule will be as follows:
Service Level | Subscriber Fee (per month) |
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NASDAQ Level 2 Professional | $56* |
NASDAQ Level 2 Non-Professional | $10* |
*Subscriber Fees include both Level 2 and OpenView entitlements
When will the fees be effective?
NASDAQ OMX strives to give an appropriate amount of time in changing fees so customers can adequately plan. In keeping with this strategy, these fees will be effective Thursday, January 1, 2015.
This advance notice period provides Distributors and Subscribers time to budget accordingly in preparation for 2015.
Where can I find additional Information?
- Refer to the NASDAQ Level 2 or NASDAQ TotalView product pages on the NASDAQ OMX Trader ® website.
- Contact NASDAQ OMX Global Data Sales at +1 301 978 5307.
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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.