New York Stock Exchange Proposes To Simplify Market Data Fees; Per-Location Charge Would Be Dropped

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The New York Stock Exchange plans to dramatically simplify the fee schedule it uses to charge professionals for market data. The proposed schedule would eliminate some charges and consolidate others, leaving users with a flat per-terminal charge. Tom Haley, vice president, market data services, at the NYSE, will present the plan at the Thursday morning general session of the SIA show.

Haley declines to discuss details of the new plan, which has been unanimously endorsed "in concept" by the SI