Wednesday, August 29, 2012

Data News #2012 - 15
The BX Options Market Announces Market Data Fees, Effective July 1, 2013

Markets:

Contact Information:

What you need to know:

  • NASDAQ OMX successfully launched the BX Options Market on June 29, 2012 and currently offers both the BX Options Top of Market (BX Top) and BX Options Depth of Market (BX Depth) data feeds free of charge.
  • Effective Monday, July 1, 2013, NASDAQ OMX® will implement market data fees for the BX Top and BX Depth data feeds, subject to filing with the Securities and Exchange Commission (SEC).

What are the BX Top and BX Depth of Market data feeds?

BX Top and BX Depth are market data feeds that provide the following information about BX Options, the new options exchange from NASDAQ OMX that was launched on June 29, 2012:

  • BX Top provides the same Best Bid and Offer (BBO) and last sale information that are sent to the Options Price Reporting Authority (OPRA).
  • BX Depth provides the full depth of orders and quotes, net order imbalance information for the opening cross and last sale data.

What is the fee schedule for BX Top and BX Depth?

As of Monday, July 1, 2013, BONO and ITTO data will be subject to the following distributor and subscriber fee schedule:

Internal Distribution - $1,500 per month

  • BX Top Internal Per User Fees
  • $5 professional
  • BX Depth Internal Per User Fees
  • $10 professional
  • Non-Display Enterprise License
  • $2,500 per month

External Distribution - $2,000 per month

  • BX Top External Per User Fees
  • $5 professional
  • $1 non-professional
  • BX Depth External Per User Fees
  • $10 professional
  • $1 non-professional

Please note that one distributor fee will allow a subscriber access to both BX Top and BX Depth.

Where can I find the BX Options market data technical interface specifications?

Specification documents are available on the NASDAQ OMX Global Data Products - U.S. Derivative Data Feed Specifications page on the NASDAQ OMX Trader® website. For your convenience, the links are also provided below:

BX Top and BX Depth specifications are exactly the same as the NOM BONO and ITTO specifications.

What do firms need to do to connect to the BX Options data feeds?

If your firm is not currently subscribed to the BX Options data feed, you need to complete the following agreements:

If you need help with the application process, please contact your NASDAQ OMX Account Manager.

Where can I find additional information?


Subscribe to Email Alerts:
NASDAQ OMX is offering customers the ability to self select news delivery across various NASDAQ OMX markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the NASDAQ Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding NASDAQ's trading and data products, regulatory issues or marketplace initiatives.

Please follow NASDAQ OMX on Facebook RSS and Twitter.

About the NASDAQ OMX Group:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.

View NASDAQTrader.com Mobile