1) It’s not free really as you still have to pay for SIP data, it’s just included now. 2) The new SIP competitors will still have to pay the exchanges for their data to create their SIP feed.
This is a big deal for the exchange space. 1) More free data coming to the market via public feeds 2) Potential for competition in US exchange data More from me on this in the future - need to do some deeper research before opining:https://www.thetradenews.com/us-to-decentralise-sip-model-and-add-depth-of-book-data-in-major-overhaul/ …
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Thanks for the added points.
End of conversation
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