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»Forums Index »Archive (2017 and earlier) »General Product Announcements »Exchange Admin Fee
Author Topic: Exchange Admin Fee (1 messages, Page 1 of 1)

DTN_Jay_Froscheiser
-VP, Product Operations-
Posts: 1746
Joined: May 3, 2004

DTN IQFeed/DTN.IQ/DTN NxCore

Posted: May 24, 2005 02:57 PM          Msg. 1 of 1
As many of our customers have seen, the volume of data being processed by our IQ services has significantly increased over the years. The volume of data has accelerated in the past year, and the exchanges forecast for volume to continue increasing at a rapid rate. Since DTN.IQ and IQFeed's inception, we have resisted passing these increased costs to our customers. Effective June 1, 2005, we will be implementing a nominal administration fee for all real time exchange you are authorized for. A fee of $1 per equity exchange and $3 per futures exchange will help offset only a portion of the expenses DTN pays each exchange to be a vendor. It will also allow us to continue our aggressive investment (over $100,000 this year alone) in infrastructure to keep up with the growing demands of our customers and the markets.
Jay Froscheiser
DTN - Trading Markets
 

 

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