Markets Impacted: Nasdaq Nordic Markets
Products Impacted: Nasdaq Nordic Snapshot products
What you need to know:
Effective January 1, 2017, Nasdaq® will introduce the following fee adjustments for Nordic Snapshot products:
- Nordic Snapshots Level 1
- Nordic Snapshots Level 2
- Nordic Equity and Fixed Income Level 1 - Snapshot - Member
- Nordic Equity and Fixed Income Level 2 - Snapshot - Member
- Nordic Derivatives Level 1 Snapshot - Member
- Nordic Derivatives Level 2 Snapshot - Member
- Nordic Derivatives Snapshot Level 2 Inclusive Nordic Derivatives Analytics Data - Member
What is changing?
Nasdaq is introducing an updated fee schedule for Nordic Snapshot products.
| Service Level | Subscriber Fee (/month) |
| Nordic Snapshots Level 1 | € 0,012 /Query |
| Nordic Snapshots Level 2 | € 0,024 /Query |
| Service Level | Subscriber Fee (/month) |
| Nordic Equity and Fixed Income Level 1 - Snapshot - Member |
0 to 100,000: € 0.12/Subscriber 100,001 to 349,999: € 0.06/Subscriber 350,000 or more: € 27,000 per active subscriber: €0.24/Subscriber |
| Nordic Equity and Fixed Income Level 2 - Snapshot - Member |
0 to 499,999: € 0.006/Query 500,000 to 899,999: € 0.003/Query 900,000 to 1,999,999: €0.0015/Query 2,000,000 or more: € 0.00075/Query |
| Service Level | Subscriber Fee (/month) |
| Nordic Derivatives Level 1 Snapshot - Member |
0 to 100,000: € 0.12/Subscriber 100,001 or more: € 0.06/Subscriber |
|
Nordic Equity and Fixed Income Level 2 - Snapshot - Member |
0 to 499,999: € 0.006/Query 500,000 to 899,999: € 0.003/Query 900,000 to 1,999,999: €0.0015/Query 2,000,000 or more: € 0.00075/Query |
| Nordic Derivatives Snapshot Level 2 Inclusive Nordic Derivatives Analytics Data - Member |
0 to 499,999: € 0.0072/Query 500,000 to 899,999: € 0.0036/Query 900,000 to 1,999,999: €0.0018/Query 2,000,000 or more: € 0.0009/Query |
Why is this happening?
The prices are being adjusted due to enhancements in content, system improvements and due to a general increase in operating costs.
These improvements in data content and feed quality include:
• New market segments for Nordic Equity.
- First North markets
- Aktietorget
- Norwegian shares listed on Oslo Børs and Oslo Axess available on Norwegian segment as of 2012.
- Mini-future instrument type added
• More instruments available on INET trading system; Since 2010, the number of available order books in INET has increased by 11 %. In total there have been 59 new listings on Nasdaq Nordics since the start of 2016.
• New content introduced: Nasdaq Commodities markets added to Nordic Snapshot products in 2012.
• Upgrades to version 3.0 of the Genium Consolidated Feed in 2015, have increased capacity of our market data platform.
• The pricing for Nordic Snapshots products subscribers has remained unchanged since its introduction in 2006.
• The pricing for Nordic Member snapshot products subscribers has remained unchanged since revision in 2010.
Where can I find additional information?
For questions regarding this notice please speak to your Sales Representative or contact DataSales@nasdaq.com or by telephone + 45 33 93 33 66.