Micex Considers Domestic Data Fees

Vladimir Gritsuk, head of market data at Micex, says Russian clients have been able to view the exchange's real-time data free of charge, since data fees were waived as part of a series of competitive initiatives implemented almost a decade ago to capture market share in equity trading from rival Russian exchange RTS.

However, now that Micex has captured the lion's share of Russian equity trading, Gritsuk says the exchange is considering how to normalize its data policy so that both domestic