Bloomberg Ups Nasdaq Tape C Admin Fee

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Bloomberg is increasing the fee it charges for administering the Tape C feed of consolidated Level 1 trade and quote data for Nasdaq-listed securities traded on the US markets, weeks after Nasdaq announced that the Unlisted Trading Privileges (UTP) Plan, which oversees the collection and dissemination of the tape, approved a 25 percent price increase for professional users.

Previously, Bloomberg charged a $2 administration fee for each user subscribing to Nasdaq Level 1 data on top of the $20 mo

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