FCA to review trading data costs
As the debate around market data costs continues, the FCA is looking for further input from market participants on the issue.
Tag: market data
US watchdog moves to overhaul governance of equity consolidated tape
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.
Regulation
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.
SIX taps Refinitiv managing director to head up Financial Information business
Marion Leslie to join SIX as head of the Financial Information business unit as of 1 January 2020, replacing Robert Jeanbart.
IEX adopts first fee structure for extra connectivity
The most active trading members at IEX will be charged $100 to access additional logical ports as of October.
Refinitiv to redistribute MarketAxess’ bond data
The data made available through Refinitiv, as part of the agreement, includes MarketAxess’ flagship Composite+ and Axess All pricing tools.
Trading Venues
‘Exchanges owe us answers’ says IEX as it discloses market data and connectivity costs
IEX becomes first exchange operator to disclose its costs with the detailed report revealing incumbent exchanges are grossly marking up fees.
Tradeweb expands Refinitiv data redistribution agreement
Refinitiv extends scope of data distribution to include Tradeweb market data for multiple fixed income instruments.
SEC overturns Nasdaq and NYSE data fee hike
US regulator rules in favour of SIFMA’s challenge of its support in market data fee increases at Nasdaq and NYSE.
Deutsche Boerse and 360T launch new FX market data service
German exchange group continues FX growth with new market data service from 360T.