LSE Postpones Introduction of Delayed Data Fees
The fees could have added thousands of pounds to spend by firms that consume delayed data, which is generally provided free of charge.
In letters sent to customers on Jan. 31, LSE and Borsa Italiana said that following "customer feedback," the exchanges have "postponed the implementation of the Other Application Usage License in relation to Delayed Data" effective immediately.
The LSE notified clients of the planned fee for delayed data late last year, leading to confusion among users as to why the exchange would seek to charge for something that the upcoming MiFID II regulation dictates must be provided free of charge. For
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