TSX Shelves Controversial Data Fees

The exchange sought to charge a monthly license fee of $250 per server for multiple servers running applications for data analysis or for automated trading using Level 1 and Level 2 data from TSX, in addition to existing fees for use of TSX data in analysis or order-generating applications on an initial server.

Sources say users initially complained that the charges were too vague, and potentially costly. One source says that as originally presented, the fees stood to significantly increase h