Nasdaq, User Groups Fire Opening Salvoes in Looming Battle Over SIP Data Fees

As the SEC prepares to host a two-day event to tackle market data access and fee issues, industry user groups and Nasdaq have laid out their positions on SIP reform. Max Bowie reports.

Fight boxing gloves

In late August, two industry user groups—the Managed Funds Association and the Alternative Investment Management Association—penned a joint letter to US markets regulator the Securities and Exchange Commission, requesting reviews of the fees charged by US exchanges for market data.

Though primarily concerned with the cost of proprietary exchange data, the letter asked the SEC to apply the same principles to governance of the SIP (Securities Information Processor) feeds—the consolidated feeds of

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: http://subscriptions.waterstechnology.com/subscribe

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: