Rebroadcasting users typically take space in a datacenter and connect to exchange feeds, then lease space in their server racks to individual client firms, to whom—providing these firms are permissioned NYSE data subscribers—the service provider can supply data, spreading the cost of its connection to NYSE across its client base. Until now, NYSE has not charged a separate fee for these firms to rebroadcast the data to clients.
However, in a proposal filed with the US Securities and Exchange Comm
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails