Exchange said in November that it would start charging for re-distributing data
US exchange giant the Intercontinental
Exchange will introduce on Friday a new charging regime for
data, reigniting fears amongst the prop community that rising
costs risk pushing trading firms out of the market.
ICE will start charging technology
partners and clients for re-distributing ICE data from Friday
April 1, as reported by FOW in November.
London’s prop trading
community has voiced concerns over the latest levy on
operations, fueled by anger over being charged for data that
the traders themselves contribute to.
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