Exchange Data Pricing Draws Attention From SIA, SEC And Congress

PRICING & FEES

NEWYORK--The Securities Industry Association's (SIA) market data subcommittee plans to publish a White Paper on pricing and administration issues surrounding exchange data pricing in the next two weeks. Meanwhile, this issue is drawing attention from the Securities and Exchange Commission (SEC) and lawmakers.

The hotly contested issue prompted the SIA to hire Andersen Consulting to study the current structure and to make recommendations on possible alternatives. The SIA declined to go into an

To continue reading...