Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.
Tag: market data
MiFID II failing to improve market data fee conflict with ESMA looking to equities consolidated tape solution
Review of MiFID II finds market data fee issues are not being addressed by the regulation as ESMA recommends real-time consolidated tape for equity instruments.
Marion Leslie to join SIX as head of the Financial Information business unit as of 1 January 2020, replacing Robert Jeanbart.
The most active trading members at IEX will be charged $100 to access additional logical ports as of October.
The data made available through Refinitiv, as part of the agreement, includes MarketAxess’ flagship Composite+ and Axess All pricing tools.
IEX becomes first exchange operator to disclose its costs with the detailed report revealing incumbent exchanges are grossly marking up fees.
Refinitiv extends scope of data distribution to include Tradeweb market data for multiple fixed income instruments.
US regulator rules in favour of SIFMA’s challenge of its support in market data fee increases at Nasdaq and NYSE.
German exchange group continues FX growth with new market data service from 360T.
ESMA chair Steven Maijoor says watchdog is carrying out a ‘fact-finding’ exercise on periodic auctions and highlights competitive advantage for SIs.