IEX’s First Fees Buck Data Charge Trend

IEX keeps its data fee-free, but announces charges for costly and inefficient "logical ports."


Startup exchange IEX plans to introduce limited connectivity fees starting in October, and—unlike other exchanges, for whom market data sales represent a growing revenue stream—has decided against introducing fees for its market data, focusing instead on costly and under-used mechanisms by which broker-dealers send orders to the exchange.

In a statement published Friday, August 9, accompanying a Securities and Exchange Commission filing seeking approval for its plans, IEX CEO Brad Katsuyama

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: