You Get What You Pay For… Or Do You?
For many years, the only “free” market data was delayed data, released usually after 15 minutes, to provide an indication of the market for non-professionals, while traders would still need to subscribe to expensive real-time prices. More recently, new ECNs and MTFs have begun offering data free of charge to attract trading volumes. And now, these venues are having to balance staying true to their roots with the benefits of-or business need for-market data fees, which contribute significant revenues to the bottom lines of their established exchange rivals. Read More
