Chi-X Boosts Data Revenue with Vendor License Fees


Currently, 35 vendors source data directly from Chi-X, each of whom will need to sign an agreement before the end of November that outlines how they are using the MTF's data.

Depending on the nature of their usage, each vendor may be liable to pay annual license fees from 2010 ranging from £6,000 for redistributors of real-time Level 1 data to £18,000 for a real-time Level 2 license.

Trading firms that redistribute Chi-X data strictly for the purpose of trading on their platform-such as banks that

To continue reading...