SIP Fees
The following info displays estimated amounts subscribers can expect to pay to the Securities Information Processors (SIPs) depending on access, usage, and redistribution. LiveVol’s estimates are for information only, and each SIP will determine and amend fees to its discretion. You will receive instructions for contacting the SIP(s), if applicable, at the end of your order. Please contact the SIP(s) to determine fees applicable to you.
You will NOT be charged until all applicable approvals are processed
Platform
|
|
Monthly Estimated Exchange Fees |
|||||
|
Stock |
Option |
Index |
||||
|
NYSE (CTA) |
AMEX |
UTP |
OPRA |
CSMI |
||
|
Tape A |
Tape B |
Tape C |
||||
|
Professional Display Usage |
Real-Time |
$19-$45/Subscriber |
$23/Subscriber |
$24/Subscriber |
$31.50/Subscriber |
$ 3.35/Subscriber |
|
Delayed |
- |
- |
- |
- |
$ 0.97/Subscriber |
|
|
Non-Professional Display Usage |
Real-Time |
$1/Subscriber |
$1/Subscriber |
$1/Subscriber |
$1.25/Subscriber |
$ 3.35/Subscriber |
|
Delayed |
- |
- |
- |
- |
$ 0.97/Subscriber |
|
API
| Monthly Estimated Exchange Fees | ||||||
| Stock | Option | Index | ||||
| NYSE (CTA) | AMEX | UTP | OPRA | CSMI | ||
| Tape A | Tape B | Tape C | ||||
| Access | Real-Time | $ 2,000 | $ 1,000 | $ 500 | $ 600 | $ 3.35/Subscriber |
| Delayed | - | - | $250/yr/firm | - | $ 0.97/Subscriber | |
| Usage | Display Only - Real-Time | $19-$45/Subscriber | $23/Subscriber | $24/Subscriber | $31.50/Subscriber | - |
| Non-Display - Customer/Firm Use | $ 4,000 | $ 2,000 | $ 3,500 | $ 2,000 | - | |
| Redistribution | Real-Time | $ 1,000 | $ 1,000 | $ 1,000 | $ 1,500* | $ 1,700/year |
| Delayed | - | - | $ 250 | - | $ 1,700/year | |
Data
Expedited (Intraday) Delivery Products
If your subscription includes Nasdaq-listed securities, it is subject to approval and fees by UTP (https://utpplan.com).
UTP fee schedule can be found on page 2-3 of the UTP Policies: http://www.utpplan.com/DOC/Datapolicies.pdf. If you are interested in Delayed UTP Level 1 Data for internal use, you would be liable for a $250 Annual Admin Fee. If you are interested in Delayed Data for external use, you would pay a $250 Annual Admin Fee plus $250 per month for the Delayed Redistributor Fee.
Internal usage is defined as distribution of UTP Level 1 data internally within the organization (i.e., to employees or authorized agents of the organization and/or within the premises of the Vendor) and External usage is defined as a distribution of UTP Level 1 data externally, to third-party Subscribers.
- UTP Plan (for Nasdaq-listed securities): http://www.utpplan.com/support
In order to apply for UTP approval, please complete the following agreements and application forms and contact admin@utpplan.com to begin the process.
- Vendor Agreement-UTP Level 1: http://www.utpplan.com/DOC/VendorAgreement.pdf
- Data Feed Request: http://www.utpplan.com/datafeed_approval
- System Description: http://www.utpplan.com/system_application
UTP will notify Cboe DataShop directly once the approval is received. DataShop Support Team will then enable your subscription and the billing and file deliveries will start the following day.
*For OPRA, the Real-Time Redistribution fee is inclusive of Real-Time Access fee
Non-Display Use refers to accessing, processing or consuming data, whether delivered via direct and/or redistributor data feeds, for a purpose other than in support of the datafeed recipient’s display or further internal or external redistribution. It does not apply to the creation and use of derived data. Examples include, but not limited to: portfolio valuation, operations control programs, investment analysis, order verification, surveillance programs, risk management, compliance, trading (such as in a "black box" or a trading engine that performs automated trading, algorithmic trading or program trading, or generates arbitrage or program trading orders), automated order or quote generation and/or order pegging, and price referencing for algorithmic trading.