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Exchanges Discuss Pricing For Redistributors

INTERNET WATCH

NEW YORK--Representatives of five major North American exchanges discussed distribution of real-time market data over the Internet at a Wall Street Telecommunications Association (WSTA) meeting in New York two weeks ago. This is becoming a hot issue for users as it represents new market data costs, but for exchanges it offers further revenues generated from exchange fees as the number of potential users grows exponentially.

Exchange officials discussed their respective models for charging new

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