# 2026-22759: Nasdaq Sets Prices for Two Market Data Products

2026-22759, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Set Fees for Nasdaq TotalView Plus and Nasdaq Basic Plus, is a Federal Register notice from Securities and Exchange Commission published 2026-11-09, effective 2026-11-02; PRIA reads it as touching household money (as of 2026-11-11).

- Canonical: https://policyrisk.com/federal-register/2026-22759
- As of: 2026-11-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22759
- Title: Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Set Fees for Nasdaq TotalView Plus and Nasdaq Basic Plus
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 70935
- Published: 2026-11-09
- Effective: 2026-11-02
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-11-11

## In one line

Nasdaq Sets Prices for Two Market Data Products

## Summary

Nasdaq is setting new fees for its TotalView Plus and Basic Plus market data services, keeping prices the same or lower than current combined fees for similar products. This change affects traders and investors who use Nasdaq’s detailed stock market info and takes effect immediately. It’s a smart move to keep costs fair while offering top-notch market data.

## Effects PRIA read

- Subscriber prices match current rates: benefit, medium. Nasdaq will charge Nasdaq TotalView Plus the same Professional and Non-Professional subscriber fees as Nasdaq TotalView — Professional subscribers pay $84 per month (operative January 1, 2026) and Non-Professional subscribers pay $15 per month. Nasdaq Basic Plus subscriber fees remain the same as N…
- Non-display tiers and enterprise license fees set: cost, high. Nasdaq TotalView Plus non-display usage fees (based on number of subscribers) will be $412 per month for 1–39 Subscribers; $16,490 per month for 40–99 Subscribers; $32,990 per month for 100–249 Subscribers; and $75,000 per month for over 250 Subscribers. Nasdaq offers enterprise licenses for Depth-…
- Option to consolidate three feeds into one: benefit, medium. Nasdaq is offering consolidated feeds (Nasdaq TotalView Plus and Nasdaq Basic Plus) that replace three separate exchange feeds with a single feed; Nasdaq says this option can lower market data, networking, and connectivity costs and is designed to maximize consolidated data distribution for the 23‑…
- Vendor fee waivers reduce consolidation cost by $3,360/month: benefit, high. Any firm that certifies it will externally redistribute a consolidated Depth-of-Book feed (combining Nasdaq TotalView, Nasdaq Texas TotalView, and PSX TotalView) will be exempt from Nasdaq Texas external distributor fees of $1,620 per month and PSX external distributor fees of $1,390 per month, and…
- Basic Plus distributor and consolidation fees: cost, medium. Distributors of Nasdaq Basic Plus will pay the same distributor fees as Nasdaq Basic (internal distribution $1,680 per month; external distribution $2,140 per month) and firms that receive Nasdaq Basic Plus or Nasdaq Last Sale Plus will pay a $350 per month data consolidation fee plus monthly admin…

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## Sources
- [2026-22759 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/09/2026-22759/self-regulatory-organizations-the-nasdaq-stock-market-llc-notice-of-filing-and-immediate)
- [2026-22759 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-09/pdf/2026-22759.pdf)

## Related
- [Previous: 2026-22758, Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate…](https://policyrisk.com/federal-register/2026-22758)
- [Next: 2026-22760, Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing and Immed…](https://policyrisk.com/federal-register/2026-22760)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22759 (as of 2026-11-11).
