LSE Revises Non-Display Data Usage Policy

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Jarod Hillman, London Stock Exchange

The London Stock Exchange has revised its non-display data usage policy, to ensure members receive favorable terms and to make the policy more affordable for smaller buy-side firms that trade through prime brokers and access the exchange’s data via third-party vendors.

The revised policy incorporates more granular usage categories following feedback from some subscribers, who suggested that the initial policy—introduced last year (IMD, Nov. 29, 2010)—was not sufficiently granular to fairly refle

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