CSA seeks comment on real-time market data fees

The Canadian Securities Administrators published a consultation paper 21-401 Real-Time Market Data Fees. It discusses issues related to the cost of real-time market data and seeks stakeholder feedback.

Read: CSA paper examines advisor fiduciary duty

Real-time market data plays a key role in Canada’s equity markets, as this information provides vital insight into the securities market, including prices, liquidity and trading activity. CSA is considering whether further steps should be taken to address the fees charged for market data by Canadian marketplaces.

The paper identifies possible options designed to reduce data fees and enhance the transparency of proposed fees and changes to fee models.

The Paper is available on CSA members’ websites and the comment period is open until February 8, 2013. Any regulatory proposals resulting from this paper will be published.

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