2025-00411NoticeWallet

Nasdaq Raises Data Feed Prices Because Even Stock Market Feels Inflation

Published Date: 1/13/2025

Notice

Summary

Nasdaq MRX is updating its fees for several market data feeds and subscriber licenses to keep up with inflation. This means users who get data like Depth of Market, Trades, and Spreads will see a price bump starting now. The changes take effect immediately, so anyone using these services should be ready for the new rates.

Analyzed Economic Effects

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

Nasdaq MRX Market Data Fee Hike

Nasdaq MRX is increasing fees for several market data products — Depth of Market Feed, Order Feed, Top Feed, Trades Feed, Spread Feed — and for Subscriber Fees (Professional fee and Non-Display Enterprise License). Each fee will be adjusted based on the rate of inflation since that fee was last changed. The Exchange filed this change on December 26, 2024 and has designated it for immediate effectiveness.

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Key Dates

Effective Date
Published Date
12/26/2024
1/13/2025

Department and Agencies

Department
Independent Agency
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