Nasdaq Sets Short Sale Fees

Nasdaq OMX will this week begin charging redistributors fees for its Daily Short Sale Volume Report, which provides the aggregated number of shares executed on Nasdaq as short sale trades for each security, and its Monthly Short Sale Transaction Report, which gives a trade-by-trade record of all short sales on Nasdaq, including price, time and volume data. The reports will cost $500 per month for internal use, plus $500 more for external distribution, with historical files back to August 2009.

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