2025-03509Notice

LTSE Cashes In on Market Data with Fresh Fee Schedule

Published Date: 3/5/2025

Notice

Summary

The Long-Term Stock Exchange (LTSE) just updated its fee schedule to start charging for special market data feeds like Depth of Book and Top of Book, effective February 14, 2025. This change affects traders and data users who rely on LTSE’s proprietary market info, meaning they’ll see new fees when accessing these feeds. The SEC gave the green light right away but is open to feedback for the next 60 days.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

New Fees for LTSE Market Data

The Long-Term Stock Exchange (LTSE) added a new "Market Data Fees" section and adopted fees for its proprietary Depth of Book and Top of Book data feeds, effective February 14, 2025. Market participants who access those LTSE data feeds will be charged the newly adopted fees when using them.

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Key Dates

Effective Date
Published Date
2/14/2025
3/5/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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