Lets put that into perspective: In 2010 a Big Mac in the United States cost $3.58. A 2,916% increase by 2018 would mean that same Big Mac would cost $107.98. Would you accept that?
Show this thread
In 2018, SIFMA published a study on NYSE market data prices showing just how staggering the fee increases have been. From 2010 to 2018, monthly exchange access fees rose as high as 2,916% to view the SAME DATA:pic.twitter.com/Jyf3dSJw33
-
-
-
The pushback to this would be "the value of NYSE exchange data went up along with prices". While it's hard to measure, I personally need more proof of this. Prices have been allowed to go up as much as they have bc top HFTs are willing to pay more to be fastest.
Show this thread -
- End of conversation
New conversation -
-
-
Do pre Reg NMS trading+data revenue capture and then compare to all-in cost today. Last time I did it, the cost was similar. Fragmentation of venues and commoditization of trading driving the value to data.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Great thread as always! Here is a long blog on the last 20 years of the "Market Data Wars". SIFMA put out a lot of interesting arguments along the years.https://medium.com/boxes-and-lines/ten-expert-reports-that-fueled-the-market-data-wars-part-i-december-1999-january-2011-early-4ea78fa291f0 …
-
Thanks for sharing - I’ll be sure to give it a read.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.