NYSE Offers Pay-Per-Quote Pricing Option


Following the lead of the Nasdaq Stock Market, the New York Stock Exchange has begun offering a new penny-per-quote fee structure for vendors to offer on a pay-for-use basis. Market data vendors say the move will be a big win for the exchange, which wishes to make its real-time data available to a wider audience, and the vendors themselves.

Vendors say the plan will encourage a new segment of users to use real-time market data. "In the past, fees were so high, people were going with delayed q

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