CBOT Responds to Pressure

EXCHANGE WATCH

The Chicago Board of Trade (CBOT) is combining two of its market data products and offering them at a reduced price in the face of increased competition among exchanges.

CBOT is integrating its Market Depth and Last Price Real-Time Market Data services and offering the combined package for $35 a month per user. Market Depth, which includes pending bids and offers, and the Last Price Real-Time Market Data service are currently each priced at $30 a month per user.

The CBOT news follows Nasdaq’s