Amex Adds XML Invoice Option

ADMINISTRATION AND BILLING

The American Stock Exchange (Amex) has begun offering its electronic invoices in XML format, Inside Market Data has learned. The XML service is being provided by TCB Data, which handles market data usage reporting among vendors, customers and exchanges in the US and Canada.

Amex customers can also download their electronic invoices as spreadsheets or pdf files for printing.

Thomas Butts, president of TCB Data, says an XML file is just like any ASCII text file. But he says it offers a number o