Nasdaq has received SEC approval to implement an enterprise licensing model for its TotalView datafeed, exchange officials say.
The move will lower the cost for user firms of providing TotalView data to traders and clients and eliminate the need to pay multiple exchange fees for the same data from different sources.
From Oct. 1, Nasdaq will offer unlimited TotalView usage and distribution for $100,000 per month for institutional broker-dealers and $25,000 per month for retail brokers. William
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails