Nasdaq Introduces Enterprise Pricing

FRONT PAGE: EXCHANGE WATCH

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

To continue reading...