Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Real-Time Depth of Market Raw Data Feed, Nasdaq ISE Order Feed, Nasdaq ISE Top Feed, Nasdaq ISE Spread Feed, and Nasdaq ISE Trade Feed Fees Based on the Rate of Inflation
Published Date: 1/15/2025
Notice
Summary
Nasdaq ISE is updating the fees for several of its real-time market data feeds to keep up with inflation. This means anyone using these data feeds—like traders and firms—will see a small price increase starting right away. The changes help Nasdaq ISE keep its services running smoothly while reflecting current economic conditions.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Nasdaq ISE market-data fee increase
If you use Nasdaq ISE market data feeds, Nasdaq ISE is increasing fees for these products: Real-time Depth of Market Raw Data Feed; Nasdaq ISE Order Feed; Nasdaq ISE Top Feed; Nasdaq ISE Spread Feed; and Nasdaq ISE Trade Feed. Each fee will be adjusted for the rate of inflation since that fee was last changed. The Exchange filed the change on January 6, 2025 and made it effective immediately, so traders and firms will see a small price increase starting right away.
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