New York Stock Exchange Expands User Fees on Market Data Feeds
Published Date: 1/31/2025
Notice
Summary
Starting January 16, 2025, the New York Stock Exchange is expanding its per user access fee to include more people who share certain market data feeds. This means anyone redistributing NYSE’s Aggregated Lite or Pillar Depth data will now pay fees based on the number of users accessing the data. If you’re in the business of sharing this info, expect some changes to your costs right away!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
NYSE per-user fee now covers redistributors
Starting January 16, 2025, the New York Stock Exchange will apply its per-user access fee to anyone redistributing the NYSE Aggregated Lite or NYSE Pillar Depth data feeds. Redistributors will be charged fees based on the number of users who access those feeds, so businesses that share this market data should expect changes to their costs immediately.
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Previous / Next Documents
Previous: 2025-01989, Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Expand the Application of the Per User Access Fee for Certain Market Data Products
Starting January 16, 2025, NYSE American is expanding its Per User Access Fee to include more people who share the NYSE Aggregated Lite market data. This means anyone redistributing this data will now pay a fee based on the number of users accessing it. If you use or share this market data, get ready for a new way fees are charged!
Next: 2025-01991, Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Adopt Fees for Dedicated Cross Connection Access to the Testing Systems Environment
MIAX Sapphire is adding a new fee for traders who want a special, dedicated connection to their testing system. This change affects market participants using this service and takes effect immediately, meaning users should expect to pay for this premium access starting now. The SEC is open to comments for the next 60 days but the fee is already in place.