Non-display fees

[Joan]

https://twitter.com/x/status/857691521457561600

 

[jtrader33]

Bob- does this withdrawal mean anything for your previously audited platforms? (Sorry, I know I'm being lazy, but would appreciate it if someone who's been following the issue closely could comment on the significance).

 

[Robert Morse]

I have asked our market data specialized to inquire with NYSE, NASDAQ and OPRA to see if we still have to report the use of APIs. I don't expect to get answer today.

 

[jtrader33]

I have asked our market data specialized to inquire with NYSE, NASDAQ and OPRA to see if we still have to report the use of APIs. I don't expect to get answer today.

Thanks - let us know how it goes

 

[jharmon]

@Robert Morse What was the outcome of all of non-display fee, mandatory reporting etc? Exchange terminologies are so vague!

 

[Robert Morse]

Data for Lightspeed Trader and Sterling Trader Pro are provided by Sterling Trader Tech, and they were made to report open APIs so we disable the market data to the API. CBOE Silexx gets their data from the CBOE, which intern uses ICE, so they turned off the data to the API last year. By the way, the exchange is very clear, they want to charge everyone Pro Data fees unless you can document you should get a non-pro exemption and they want to charge all data users non-display fees that do not consume data for a display. The NYSE has an exemption for non-display fees for a non-pro single user. The problem is that they do not publish that and data providers at the data centers do not want to deal with those one offs.

@Robert Morse What was the outcome of all of non-display fee, mandatory reporting etc? Exchange terminologies are so vague!

 

[qlai]

The NYSE

Crooks