Thomson Reuters Preps Nasdaq Delayed Data Charges After Fee Policy Snafu


Thomson Reuters has informed customers of its market data feeds that 15-minute delayed data from Nasdaq OMX—which the vendor currently provides free of charge—will become a separately-billed dataset from Dec. 1, 2012, having previously absorbed and paid Nasdaq’s redistribution fee itself, after misunderstanding Nasdaq’s data policy.

A source familiar with the situation says  Nasdaq has instructed Thomson Reuters to apply an “internal distributor” fee to end-users, whereas until now, the vendor i

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