Delayed-Quote Vendors Protest CTA's Proposed Contract

THIS WEEK'S LEAD STORIES

Market data vendors are up in arms over a new standard contract the Consolidated Tape Association has proposed. The CTA submitted its proposed vendor contract to the Securities and Exchange Commission in October.

Vendors are worried that the CTA may be planning to increase charges for delayed stock prices. If hikes occur, those hardest hit will be vendors that distribute delayed prices to individual investors, including Charles Schwab & Co., Fidelity Investments Co. and Dow Jones & Co.

CTA pre

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 indvidual account here: