Market Data Fee Calculator

This tool provides a quick way of determining and visualizing the differences in cost between different patterns of market data consumption. Please refer to part 1 of our Market Data Pricing series to see how different setup variables combine to drive the price of individual data products and ultimately the total market data fee.

We built this tool on a best efforts basis and make no guarantees as to its completeness nor accuracy. If you find any inconsistencies, please let us know at info@prooftrading.com.

Setup

Y

Direct / Indirect Access

F

Professional External User Accounts

G

Non-Professional External User Accounts

Z

Machines

W

Internal User Accounts

V

People Viewing Displays

ABC

Use Cases

Agency Trading

Data Products

NYSE

Nasdaq

Cboe

IEX

CHX

National

🔍

NYSE Family

20 of 20 NYSE Family products selected

NYSE family market data bills are primarily driven by use cases and user accounts. We have not included enterprise options, which are available only for some products, and typically become economical only when the number of professional users exceeds many thousands.

NYSE Misc

NYSE Misc Best Quote and Trade

NYSE Misc Real-time SIP

NYSE

NYSE Integrated Feed

trades

full depth

auction

NYSE Openbook Ultra

partial depth

NYSE Openbook Aggregated

partial depth

NYSE BBO

tob

NYSE Trades

trades

NYSE Order Imbalances

auction

NYSE Alerts

American

American Integrated

trades

full depth

auction

American Openbook Ultra

partial depth

American Openbook Aggregated

partial depth

American BBO

tob

American Trades

trades

American Order Imbalances

auction

Arca

Arca Integrated

trades

full depth

auction

Arca Arcabook

partial depth

Arca BBO

tob

Arca Trades

trades

Arca Order Imbalances

auction

Nasdaq Family

11 of 11 Nasdaq Family products selected

Nasdaq family market data bills are primarily driven by direct access, machines, and user accounts. We have not included enterprise options, which can be used as flat replacements for display fees that scale by user accounts. These typically become economical only when the number of professional users exceeds many thousands.

Nasdaq Misc

Nasdaq Misc Real-time UTP SIP

Nasdaq

Nasdaq TotalView

trades

full depth

auction

Nasdaq TotalView ITCH FPGA

trades

full depth

auction

Nasdaq Basic

trades

tob

Nasdaq Level 2

tob

family

BX

BX TotalView

trades

full depth

auction

BX Basic

trades

tob

BX Last Sale

trades

PSX

PSX TotalView

trades

full depth

auction

PSX Basic

trades

tob

PSX Last Sale

trades

Cboe Family

25 of 25 Cboe Family products selected

CBOE family market data bills are primarily driven by flat fees, use cases, and people viewing displays. We have not included enterprise options, which can be used as flat replacements for scaling user fees. These typically become economical only when the number of professional users exceeds many thousands.

CBOE Misc

CBOE Misc One Feed Summary

trades

tob

family

CBOE Misc One Feed Premium

trades

partial depth

family

BYX

BYX Depth

trades

full depth

BYX Summary Depth

partial depth

BYX Bookviewer

trades

tob

BYX Top

trades

tob

BYX Last Sale

trades

BZX

BZX Depth

trades

full depth

BZX Summary Depth

partial depth

BZX Bookviewer

trades

tob

BZX Top

trades

tob

BZX Last Sale

trades

BZX ETF Implied Liquidity

EDGA

EDGA Depth

trades

full depth

EDGA Summary Depth

partial depth

EDGA Summary Depth Attributed

partial depth

EDGA Bookviewer

trades

tob

EDGA Top

trades

tob

EDGA Last Sale

trades

EDGX

EDGX Depth

trades

full depth

EDGX Depth Attributed

trades

full depth

EDGX Summary Depth

partial depth

EDGX Bookviewer

trades

tob

EDGX Top

trades

tob

EDGX Last Sale

trades

IEX

0 of 0 IEX products selected

No products listed as IEX does not charge market data fees...

CHX

0 of 0 CHX products selected

No products currently listed as CHX fee schedule might be in flux following recent acquisition...

National

0 of 0 National products selected

No products listed as National does not charge market data fees...

Search Products

NYSE Family

NYSE Misc Best Quote and TradeNYSE Misc Real-time SIPNYSE Integrated FeedNYSE Openbook UltraNYSE Openbook AggregatedNYSE BBONYSE TradesNYSE Order ImbalancesNYSE AlertsAmerican IntegratedAmerican Openbook UltraAmerican Openbook AggregatedAmerican BBOAmerican TradesAmerican Order ImbalancesArca IntegratedArca ArcabookArca BBOArca TradesArca Order Imbalances

Nasdaq Family

Nasdaq Misc Real-time UTP SIPNasdaq TotalViewNasdaq TotalView ITCH FPGANasdaq BasicNasdaq Level 2BX TotalViewBX BasicBX Last SalePSX TotalViewPSX BasicPSX Last Sale

Cboe Family

CBOE Misc One Feed SummaryCBOE Misc One Feed PremiumBYX DepthBYX Summary DepthBYX BookviewerBYX TopBYX Last SaleBZX DepthBZX Summary DepthBZX BookviewerBZX TopBZX Last SaleBZX ETF Implied LiquidityEDGA DepthEDGA Summary DepthEDGA Summary Depth AttributedEDGA BookviewerEDGA TopEDGA Last SaleEDGX DepthEDGX Depth AttributedEDGX Summary DepthEDGX BookviewerEDGX TopEDGX Last Sale

$310,500

Total Monthly Fee

$3.7M

Total Annual Fee

134

Applicable Fees

50

Data Products

13

Exchanges

3

Families

VisualizationStacked ChartSankey ChartTable

LevelsExchange FamiliesExchangesData Products

Fee CompositionNoneFee TypesClient Params

SortingNone Asc.Dsc.