BATS Takes Swing at US Market Data Access Fees

bill

BATS Global Markets has announced new fees for market data from its US equities exchanges, as well as data sourced by US customers from its European multilateral trading facility BATS Chi-X Europe, reversing its previous stance on data fees, whereby it offered its core market data to end-user firms free of charge.

Effective July 1, BATS will introduce access fees for its PITCH depth of book and TOP top-of-book feeds for its two US equity exchanges, BZX and BYX, as well as for top-of-book data fr

To continue reading...