Moscow Exchange Preps Unified Data Policy

sergey-vasiliev-micex

Sergey Vasiliev, deputy head of market data sales at the exchange, says the new Moscow Exchange market data policy will require all trading members that use real-time market data in non-display, algorithmic trading and risk management systems to pay a flat monthly fee.

Vasiliev says that while most trading members have been using market data in non-display applications, such as algorithmic trading and risk management systems, only a few have signed official non-display usage agreements with the