Fees
Power to the People: Will MiFID II Data Disaggregation Deliver on Cost Control Promises?
MiFID II’s data disaggregation requirements aim to reduce data costs by forcing marketplaces to unbundle datasets and sell consumers only the specific data they need. But in reality, this seemingly simple and cost-reducing idea could make buying and…
Firms Drag Heels on MiFID II Research Rulebook Rewrite
MiFID II’s ban on broker-subsidized free research will leave sell-side firms with a multitude of challenges—not least how to price research so as not to lose customers who might direct trading elsewhere, without appearing to incentivize clients to trade…
Euronext Takes Stake in LCH’s French Clearinghouse
European exchange group Euronext has signed a deal for clearing services with LCH, scuppering a previous agreement with ICE
Thomson Reuters Deepens Redi-Eikon Integration
Buy-side users get access to Eikon’s pre-trade content and functionality through the Redi EMS.
Tech Investment Could Help UK Asset Managers Meet FCA's Calls for Sweeping Changes
Markets watchdog releases blistering criticisms of client charges and proposes all-in fee
Burton-Taylor: ICE’s IDC Acquisition Drives Record Exchange Data Revenues
Minus the impact of Interactive Data's acquisition, the underlying increases in exchange data revenues overall show no sign of slowing.
TickSmith Unveils Marketplace Analysis Tool
The new module enables market participants and exchanges to determine their performance and share of liquidity against other trading firms and exchanges.
LSE Postpones Introduction of Delayed Data Fees
The fees could have added thousands of pounds to spend by firms that consume delayed data, which is generally provided free of charge.
ANNA Opens Consultation on ISIN Fee Model
Agency invites public comment on how its bureau will charge for ISINs for OTC derivatives, will provide more information via webcast
A Very Data Christmas Carol: Silent Night
Max delivers his rundown of the top themes of the year... in verse!
LME Waives Data Fees for Reference Price Usage
Following "significant engagement" with users, LME has introduced an exception to its policy that those who do not contribute to pricing should pay for data.
BATS Inks Index Data Distribution Deals
The exchange aims for its commercial policies to position its indexes against long-established incumbent providers.
Morningstar Makes Indexes Free for Benchmarking
Members of the project's advisory council say indexes are a top-five data cost, yet factors such as switching costs and brand recognition deter them from changing suppliers.
BATS Readies MiFID 2-Compliant Data Policy
BATS Europe will offer two commercial policies for its data──its existing policy, and one designed to help firms affordably meet the requirements of MiFID 2.
DTCC Lowers Trade Repository Fees for Australia and Singapore
The pricing change for ASIC and MAS transactions is effective Oct. 1.
Opening Cross: My Campaign for Data Democracy Will ‘Trump’ Donald and Hillary
With US political conventions in full swing, Max outlines his manifesto for data democracy.
Thomson Reuters: Eikon Trading Capabilities Tackle Duplicate Data Fees
By incorporating trading capabilities from OptionsCity Software, clients can eliminate duplicate applications and data fees.
Higher Fees Unavoidable As Exchanges Transform Into Data Companies
Exchanges are becoming more like data companies according to industry experts at the FIA International Derivatives Expo
Opening Cross: There’s Nothing to Fear But Fear Itself… And Data Fees
Fees aren't immoral or unethical... mostly.
Users Brace for S&P–SNL Fee Increases
S&P is telling clients that it plans to move its price structure to enterprise licenses, which will likely result in fee increases, sources say.
Euronext Preps Fee-Free European Indexes
Euronext will not charge firms to license the indexes, providing that they are using the indexes to create new investment products.
Sweeping ASX Fee Rises Anger Consumers
The exchange is increasing existing fees and introducing new non-display fees, much to the chagrin of subscribers.
Nikkei Introduces First Fees for Nikkei 225 Index
Some end users say Nikkei's decision to introduce fees for the index and its data after more than 60 years may impact their use of the index.
New NYSE Data Fees Irk ‘Rebroadcasters’
Companies impacted by the new fees claim NYSE is trying to recoup revenues lost under the 'rebroadcaster' model.