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Please note: You are NOT required to subscribe to market data subscriptions to use our trading platforms to purchase stocks and options.1


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        Information and Market Data - North America

      Market Data Fees

     

       Visit your TWS Account Window for free live quotes on your current portfolio positions

We provide real-time streaming market data for the prices described in the table below. You can also choose to receive free delayed market data for contracts for which you do not currently hold market data subscriptions. For information on using free delayed market data, see the TWS Users' Guide. For help understanding which market data subscriptions are right for you, refer to the Subscription Details table located below.

 

Professional versus Non-Professional

Most exchanges and data vendors classify customers as either non-professional or professional. By default, organizations such as corporations, limited liability companies, partnerships and any account where the data is used for more than personal investment purposes is deemed to be professional. In addition, private persons may be considered professional if they are registered as a security or investment advisor, or act in a similar capacity. A trader who is employed by a financial services business may also be considered a professional. Please click here for more information about non-professional qualifications.

Customers choosing to subscribe to US non-professional real-time market data will have the USD 10 (or non-USD equivalent) monthly market data subscription fee waived if they spend USD 30 (or USD equivalent) or more in commission for the month.

 

View Market Data Subsriptions & Fees (by clicking on the links below)ees for exchanges in North America are listed in the sections below:

(To view market data fees for exchanges in Europe, Asia-Pacific and other global exchanges please follow these links: Asia PacificEurope, and Global Markets.) 

 

 

Market Data Subscriptions & Fees

 

 

 

 

Subscriptions to FX markets are free and automatically enabled when you are approved for Global FOREX trading permissions.

Region/Exchange   Non-Pro Fees/month Pro Fees/month
Forex /Pro Fee Waived Fee Waived
FX Fee Waived Fee Waived
Index CFD Fee Waived Fee Waived
UK Physical Metals and Commodities Fee Waived Fee Waived

 

 

 

 

 

United States

Region/Exchange Non-Pro Fees/month Pro Fees/month
US Securities Snapshot and Futures Value Bundle 1, 2, 3, 4 USD 10.00 Base
Waived for Activity 4
+ USD 0.01 per Snapshot 24,25
N/A
Professional US Securities Snapshot Bundle 1, 6 N/A USD 10.00
Waived for Activity 6
+ USD 0.01 per Snapshot 24,25
US Futures Value PLUS Bundle 5 USD 5.00 N/A
US Equity and Options Add-On Streaming Bundle 26,27 USD 4.50 USD 122.00
Bond Ratings (Corporates and Municipals) 12 USD 1.00 USD 1.00
CBOE Market Data Express Indices USD 2.25 USD 2.25
CBOT Real-Time Depth of Book (L2) 3 N/A USD 90.0010
CFE Enhanced Top of Book (L1) USD 2.50 USD 7.50
CFE Enhanced with Depth of Book (L2) USD 4.00 USD 15.00
CME Real-Time Depth of Book (L2) 3 N/A USD 90.0010
CME S&P Indexes USD 4.25 USD 4.25
COMEX Real-Time Depth of Book (L2) 3 N/A USD 90.0010
Dow Jones Global Indices USD 1.00 USD 2.00
ERIS Market By Order USD 1.00 USD 1.00
ICE Futures U.S. (NYBOT) 11 USD 120.75 USD 120.75
ISE Options Depth of Book (L2) USD 10.00 USD 60.00
NASDAQ BX TotalView (L2) 13 USD 2.00 USD 43.00
NASDAQ Global Index Data Service USD 2.50 21 USD 11.00 21
NASDAQ Options Market Depth of Book (L2) USD 10.00 USD 60.00
NASDAQ TotalView-OpenView Bundled 13 USD 15.00 USD 86.50
NASDAQ TotalView-OpenView EDS 22 USD 1.00 USD 10.00
NYSE (Network A/CTA) Top of Book (L1) - Billed by the NYSE N/A USD 45.00
NYSE (Network A/CTA) Top of Book (L1) - Billed by our clearing firm (Professionals starting January 1, 2017) USD 1.50 USD 45.00
AMEX (Network B/CTA) Top of Book (L1) USD 1.50 USD 23.007
NASDAQ (Network C/UTP) Top of Book (L1) USD 1.50 USD 23.00
Global OTC Equities(L2) USD 1.50 USD 48.50
Global OTC and OTC Markets USD 17.00 USD 127.00
NYMEX Real-Time Depth of Book (L2) 10 N/A USD 90.0010
NYSE AMEX Options Depth of Book (L2) USD 10.00 USD 60.00
NYSE Arca Options Depth of Book (L2) USD 10.00 USD 60.00
NYSE Arca Order Imbalances USD 1.00 USD 1.00
NYSE ArcaBook Depth of Book (L2) 13 USD 11.00 USD 65.008, 29
NYSE Global Index Feed USD 1.00 USD 18.25
NYSE MKT Order Imbalances USD 1.00 28 USD 1.00 28
NYSE OpenBook Depth of Book (L2) 13 USD 25.00 USD 60.00
NYSE Order Imbalances USD 1.00 28 USD 1.00 28
OCX Data (OneChicago SSF) 14 USD 1.00 USD 1.00
OPRA Top of Book (L1) (US Option Exchanges) 15 USD 1.5016 USD 32.75
(includes all exchanges)
OTC Markets Top of Book (L1) 23 USD 3.00 USD 30.00
OTC Markets Depth of Book (L2) 23 USD 16.00 USD 80.00
RussellTick Indices Real-Time USD 2.00 USD 15.00
TRACE (BTDS) Corporate Bond Data N/A USD 65.00
US Mutual Funds Fee Waived21 Fee Waived21
US Bond Real-Time Data 12 Fee Waived Fee Waived

Canada

Region/Exchange Non-Pro Fees/month Pro Fees/month
Canadian Exchange Group (TSX/TSXV) Top of Book (L1) (Non-Canadian Residents Only) USD 20.00 USD 73.00
Toronto Stock Exchange Top of Book (L1) (Canadian Residents Only) CAD 9.00 CAD 34.50
Toronto Market by Price Depth of Book (L2) 18 USD 14.0020 USD 30.0020
TSX Venture Exchange Top of Book (L1) (Canadian Residents Only) CAD 9.00 CAD 27.00
TSX Venture Market by Price Depth of Book (L2) 19 USD 16.0020 USD 16.0020
Montreal Exchange Top of Book (L1) (CDE) USD 6.0020 USD 43.0020
Montreal Exchange Depth of Book (L2) (CDE) USD 9.0020 USD 54.5020
Aequitas NEO (P,L1) N/A USD 10.00

Mexico

Region/Exchange Non-Pro Fees/month Pro Fees/month
Mexican Derivatives Exchange Top of Book (L1) USD 5.00 USD 15.00
Mexican Stock Exchange Top of Book (L1) USD 14.0029 USD 35.5029
 

 

View Sample Market Data Subscriptions

The sample market data subscriptions in the following table below can help you choose the right subscriptions for your trading needs.

Market Data Desired Non-Professional
subscription(s) needed
Professional
subscription(s) needed
AMEX-, ARCA-, BATS-listed top-of-order book (NBBO) streaming quotes AMEX (Network B/CTA)
OR
US Securities Snapshot and Futures Value Bundle
AND
US Equity and Options Add-On Streaming Bundle
AMEX (Network B/CTA)
OR
Professional US Securities Snapshot Bundle
AND
US Equity and Options Add-On Streaming Bundle
NASDAQ-listed (ex: MSFT) top-of-order book (NBBO) streaming quotes NASDAQ (Network C/UTP)
OR
US Securities Snapshot and Futures Value Bundle
AND
US Equity and Options Add-On Streaming Bundle
NASDAQ (Network C/UTP)
OR
Professional US Securities Snapshot Bundle
AND
US Equity and Options Add-On Streaming Bundle
NYSE-listed (ex: IBM) top-of-order book (NBBO) streaming quotes NYSE (Network A/CTA)
OR
US Securities Snapshot and Futures Value Bundle
AND
US Equity and Options Add-On Streaming Bundle
NYSE (Network A/CTA)
OR
Professional US Securities Snapshot Bundle
AND
US Equity and Options Add-On Streaming Bundle
 

Notes:

  1. Includes snapshot data for Consolidated Tapes A, B, and C (NYSE, AMEX, NASDAQ) to provide NBBO. Requesting snapshot quotes will result in extra fees on top of the base value of the service. Also includes top of book quotes for OTC Markets, Dow Jones Indices, CBOE Market Data Express Indices, and US Bond Quotes. For more information on snapshot quotes, please visit US Reg NMS Snapshot Market Data Service.
  2. Includes top of book quotes for CBOT, CME, COMEX, and NYMEX
  3. Access to US Futures data requires clients to have US Futures Trading Permissions.
  4. Accounts must generate at least USD 30 in commissions per month per each user subscribed.
  5. Requires a subscription to the US Securities Snapshot and Futures Value Bundle. Includes depth of book quotes for CBOT, CME, COMEX, and NYMEX.
  6. Accounts must generate at least USD 30 in commissions per month per each user subscribed.
  7. Subscribing to AMEX (Network B/CTA) will allow a client to SMART route AMEX and ARCA listed stocks.
  8. Subscribing to NYSE ArcaBook Depth of Book (L2) will allow a client to see ARCA Depth of book quotes on the ARCA exchange. For a top of book quote, the client will need a subscription to AMEX (Network B/CTA).
  9. Floor-based data generally only includes last sale, as there are rarely bid-ask quotes.
  10. Top of Book data is included in the Depth of Book subscription.
  11. Includes options and Liffe precious metals futures and futures options.
  12. Includes US corporate bonds and US-Treasuries.
  13. Must subscribe to NYSE (Network A/CTA), AMEX (Network B/CTA), and NASDAQ (Network C/UTP) data.
  14. USD 10.00/month for IBIS Stand-Alone Clients.
  15. Includes all options exchanges
  16. For each subscriber the account must generate at least USD 20 in commissions per month to have the monthly fee waived for all users.
  17. Must have appropriate CDE trading permission
  18. Requires a subscription to the Toronto Stock Exchange Top of Book or Canadian Exchange Group (TSX/TSXV).
  19. Requires a subscription to the Venture Exchange Top of Book Non-Professional or Canadian Exchange Group (TSX/TSXV).
  20. Service is denominated in CAD for Canadian Accounts.
  21. These services can trigger Hosted Solutions fees
  22. Must subscribe to the standard NASDAQ TotalView-OpenView Bundled data.
  23. Requires Global OTC Equties (L2) data in order to view quotes.
  24. Snapshots are capped and switched to streaming quotes when the total snapshot cost equals the streaming equivalent.
  25. The streaming service for Network A, B, or C (NYSE, AMEX, NASDAQ) supersedes their respective snapshot service. If a client subscribes to the streaming service of NYSE, AMEX, or NASDAQ before being capped for the exchanges' snapshot service, they will only pay for the streaming service, not the month's previous snapshots for the respective service.
  26. Includes NYSE (Network A/CTA), AMEX (Network B/CTA), NASDAQ(Network C/UTP), and OPRA(US Options).
  27. Requires US Securities Snapshot and Futures Value Bundle for NonProfessionals or Professional US Securities Snapshot Bundle
  28. NYSE MKT and NYSE Order Imbalance subscriptions will increase in price as of June 1, 2017.
  29. Price indicates an increase effective January 1, 2018.

 

 

 

 

EuroNext (Belgium, France, Netherlands, Portugal)

Region/Exchange Non-Pro Fees/month Pro Fees/month
Euronext All Indices Real-Time Data Included in Euronext Data Bundle Top of Book (L1) and Depth of Book (L2) EUR 17.00
Euronext Cash Top of Book (L1) Available as Euronext Data Bundle – Top of Book (L1) (Stock Depth of Book (L2) – Equity Derivatives Top of Book (L1) ) EUR 73.0012
Euronext Cash Depth of Book (L2) Available as Euronext Data Bundle – Top of Book (L1) (Stock Depth of Book (L2) – Equity Derivatives Depth of Book (L2) EUR 101.0012
Euronext Commodity Derivatives Depth of Book (L2) EUR 17.00 EUR 17.00
Euronext Currency Derivatives Depth of Book (L2) EUR 3.00 EUR 3.00
Euronext Data Bundle - Level I (Stocks Depth of Book (L2) - Equity Derivatives Top of Book (L1) ) EUR 2.00 N/A
Euronext Data Bundle - Level II (Stocks Depth of Book (L2) - Equity and Index Derivatives Depth of Book (L2) ) EUR 39.00 Available as Euronext Cash Market Depth of Book (L2) plus Euronext Equity and Index Derivatives Depth of Book (L2)
Euronext Equity and Index Derivatives - Depth of Book (L2) EUR 37.00 EUR 37.00

 


Austria

Region/Exchange Non-Pro Fees/month Pro Fees/month
Vienna Stock Exchange Indices Available as Vienna Stock Exchange Level 1 + Indices EUR 11.00 7, 12
Vienna Stock Exchange Cash Market Top of Book (L1) Available as Vienna Stock Exchange Level 1 + Indices EUR 35.5012
Vienna Stock Exchange Cash Market - Depth of Book (L2) Available as Vienna Stock Exchange Level 2 + Indices EUR 47.0012
Vienna Stock Exchange - Top of Book (L1) + Indices EUR 3.50 Available as Vienna Stock Exchange Level 1 plus Vienna Stock Exchange Indices
Vienna Stock Exchange - Depth of Book (L2) + Indices EUR 6.00 Available as Vienna Stock Exchange Level 2 plus Vienna Stock Exchange Indices

Czech Republic

Region/Exchange Non-Pro Fees/month Pro Fees/month
Prague Stock Exchange Cash Market Top of Book (L1) EUR 3.50 EUR 16.0012
Prague Stock Exchange Cash Market Depth of Book (L2) EUR 9.50 EUR 27.0012

 


Germany

Region/Exchange Non-Pro Fees/month Pro Fees/month
Deutsche Boerse Indices & Xetra ETFs EUR 1.25 EUR 10.00 10, 12
Eurex Top of Book (L1) Real-Time Information 3 EUR 8.75 EUR 56.0012
Eurex Depth of Book (L2) Real Time Information 4 EUR 13.00 EUR 54.50
Spot Market Germany (Frankfurt/Xetra) Top of Book (L1) EUR 16.25 EUR 67.5012
Spot Market Germany (Frankfurt/Xetra) Depth of Book (L2) (1) EUR 21.75 EUR 81.5012
STOXX© Index Data Real-Time EUR 9.00 EUR 14.00 11, 12
Stuttgart Boerse incl. Euwax (SWB) EUR 5.50 8 EUR 8.00 9

 


Hungary

Region/Exchange Non-Pro Fees/month Pro Fees/month
Budapest Stock Exchange (L2) EUR 2.50 EUR 24.00

 


Italy

Region/Exchange Non-Pro Fees/month Pro Fees/month
Borsa Italiana (BVME stock / SEDEX / IDEM deriv) Top of Book (L1) EUR 3.00 EUR 15.00
Borsa Italiana (BVME stock / SEDEX / IDEM deriv) Depth of Book (L2) EUR 17.00 EUR 46.50

 


Nordic (Denmark, Finland, Norway, Sweden)

Region/Exchange Non-Pro Fees/month Pro Fees/month
Nordic Derivatives Top of Book (L1) 6 EUR 3.00 Top of Book (L1) Data not Available to Professional Subscribers
Nordic Derivatives Depth of Book (L2) 6 EUR 5.00 EUR 33.50
Nordic Equity Top of Book (L1) 6 EUR 1.00 EUR 34.75
Nordic Equity Depth of Book (L2) 6 EUR 5.00 EUR 65.00
Oslo Bors Top of Book (L1) NOK 11 N/A
Oslo Bors Depth of Book (L2) NOK 110 NOK 37512
Turquoise Derivatives (Nordic) NOK 5.00 NOK 5.00


Other European Exchanges

Region/Exchange Non-Pro Fees/month Pro Fees/month
European (BATS/Chi-X) Equities Depth of Book (L2) 2, 6 Fee Waived USD 10.00
Turquoise ECNs Level 1 GBP 6.00 GBP 7.25
Turquoise ECNs Level 2 GBP 12.00 GBP 14.00

 

Poland - Polish Flag  Polska - Polska flaga

Poland

Region/Exchange Non-Pro Fees/month Pro Fees/month
Warsaw Stock Exchange (L1) PLN 10.00 N/A
Warsaw Stock Exchange (L2) PLN 86.00 PLN 196.00

Spain

Region/Exchange Non-Pro Fees/month Pro Fees/month
Bolsa de Madrid Top of Book Plus (L1) EUR 5.25 EUR 32.5012
Bolsa de Madrid Depth of Book (L2) EUR 16.0012 EUR 57.0012
IBEX and LATIBEX Indices EUR 7.0012 EUR 7.0012
BME (MEFF) Top of Book (L1) EUR 2.25 EUR 15.00
BME (MEFF) Depth of Book (L2) EUR 4.50 EUR 24.00

Switzerland

Region/Exchange Non-Pro Fees/month Pro Fees/month
SIX Structured Basic Access CHF 6.50 CHF 15.25
SIX Structured Advanced Access CHF 8.75 CHF 22.00
SIX Swiss Exchange Top of Book (L1) N/A CHF 26.75
SIX Swiss Exchange Depth of Book (L2) CHF 10.00 CHF 96.50

United Kingdom

Region/Exchange Non-Pro Fees/month Pro Fees/month
ICE Futures E.U. - Commodities (IPE) 5 USD 120.75 USD 120.75
ICE Futures E.U. – Financials (LIFFE) 5 USD 120.75 USD 120.75
LSE International Top of Book (L1) GBP 4.25 GBP 27.00
LSE UK Top of Book (L1) GBP 5.00 GBP 50.00
 

Notes:

  1. FWB floor data is provided at Level I only.
  2. Includes Chi-X, NURO.
  3. Level I does not provide any market depth (just bid /ask).
  4. Level II only shows a market depth of 5.
  5. Includes options.
  6. These services can trigger Hosted Solutions fees
  7. Price increase from EUR 8.50 to EUR 9.00 effective July 1, 2017.
  8. Price increase from EUR 4.50 to EUR 5.50 effective July 1, 2017.
  9. Price increase from EUR 6.00 to EUR 8.00 effective July 1, 2017.
  10. Price increase from EUR 6.50 to EUR 9.00 effective September 1, 2017.
  11. Price increase from EUR 9.00 to EUR 13.00 effective September 1, 2017.
  12. Price indicates an increase effective January 1, 2018.

 

 

 

 

Australia

Region/Exchange Non-Pro Fees/month Pro Fees/month
ASX Total Depth of Book (L2) AUD 25.00 AUD 88.009
Chi-X Australia 2 AUD 7.50 AUD 22.50
ASX24 Commodities and Futures Depth of Book (L2) AUD 21.5010 AUD 81.0010

China

Region/Exchange Non-Pro Fees/month Pro Fees/month
Shanghai Stock Exchange 5 Second Snapshot (via HKEx) 3, 8 USD 1.00 USD 1.00
Shanghai Stock Exchange Top of Book (L1) (non-Mainland China residents) 4, 6 USD 24.00 USD 30.00
Shanghai Stock Exchange Depth of Book (L2) (non-Mainland China residents) 5, 6 USD 35.00 USD 35.00
Shanghai Stock Exchange Levels 1 & 2 (Mainland China residents) 5, 7 USD 5.00 USD 5.00
Shenzhen Stock Exchange 3 Second Snapshot (via HKEx) 3, 8 USD 1.00 USD 1.00
Shenzhen Stock Exchange Top of Book (L1) (non-Mainland China residents) 4, 6 USD 16.50 USD 16.50
Shenzhen Stock Exchange (Mainland China residents) 5, 7 USD 5.50 USD 5.50

 


Hong Kong

Region/Exchange Non-Pro Fees/month Pro Fees/month
Hang Seng Indexes HKD 15.00 HKD 15.00
Hong Kong Derivatives (Fut & Opt) Top of Book (L1) HKD 25.00 HKD 25.00
Hong Kong Derivatives (Fut) Depth of Book (L2) HKD 100.00 HKD 100.00
Hong Kong Securities Exchange (Stocks, Warrants & Bonds) Top of Book (L1) HKD 130.00 HKD 130.00
Hong Kong Securities Exchange (Stocks, Warrants & Bonds) Depth of Book (L2) HKD 225.00 HKD 225.00

 


India

Region/Exchange Non-Pro Fees/month Pro Fees/month
National Stock Exchange of India, Capital Market Segment, Top of Book (L1) USD 9.50 USD 9.50
National Stock Exchange of India, Capital Market Segment, Depth of Book (L2) USD 13.50 USD 13.50
National Stock Exchange of India, Futures and Options Segment, Top of Book (L1) USD 14.50 USD 14.50
National Stock Exchange of India, Futures and Options Segment, Depth of Book (L2) USD 20.50 USD 20.50

 

Japan

Region/Exchange Non-Pro Fees/month Pro Fees/month
Chi-X JPY 100.00 JPY 100.00
Osaka Exchange Top of Book (L1) 1 JPY 200.00 JPY 1500.00
Osaka Exchange Depth of Book (L2) 1 JPY 400.00 JPY 2200.00
Tokyo Stock Exchange Top of Book (L1) JPY 300.00 JPY 3000.00

 


Singapore

Region/Exchange Non-Pro Fees/month Pro Fees/month
Singapore Exchange (SGX) – Derivatives Top of Book (L1) SGD 1.25 SGD 1.25
Singapore Exchange (SGX) – Stocks Top of Book (L1) SGD 11.00 SGD 11.00

 


South Korea

Region/Exchange Non-Pro Fees/month Pro Fees/month
Korea Stock Exchange Depth of Book L2 USD 2.00 USD 57.00
 

Notes:

  1. Includes Derivatives and Indices.
  2. Chi-X Australia is required to see the true NBBO for ASX listed stocks.
  3. 5 second snapshot data for bid/ask and last.
  4. Real-time last with 3 second bid/ask snapshot data.
  5. Real-time last with 3 second bid/ask snapshot data and market depth.
  6. For clients who have accounts registered outside of Mainland China.
  7. For clients who have accounts registered inside Mainland China.
  8. For each subscriber the account must generate at least USD 5 in commissions per month to have the monthly fee waived for all users.
  9. Price increase from AUD 80.00 to AUD 88.00 effective July 1, 2017.
  10. Price indicates an increase effective January 1, 2018.

 

 

Notes:

  • Accounts will be assessed a separate market data subscription fee for each user that subscribes to data. Subscriptions are charged on a per-username basis and subscriptions cannot be shared between usernames even if they are on the same account.
  • Market data fees for each month will be charged to your account during the first week of the subsequent month.
  • Customers without enough cash to pay market data fees will have positions liquidated to cover the fees. Those customers without enough equity to pay market data fees will have their remaining equity applied to the market data fees, and then the account will be closed.
  • Partial month subscriptions will be charged at the full month's rate.
  • Requests to unsubscribe to market data which are received after midnight ET will be processed with an effective date of the following day.
  • There is no cap on the quantity of market data lines allocated per customer.
  • Market data for Advisors and Brokers is calculated based on aggregate commissions and equity for all accounts, and all accounts receive the same number of market data lines.
  • Advisors and Brokers without any funds in their master account to cover their market data fees will have their market data turned off until there are funds in the master account to cover market data fees.
  • Trading accounts with less than USD 500 (or non-USD equivalent) in equity will have their market data turned off. In the event market data is turned off, the account equity must be increased to USD 2,000 (or non-USD equivalent) before market data will be re-enabled.
  • Residents of Chicago, IL will be subject to a Chicago Personal Property Tax on select research subscriptions. For additional information, please refer to the following link Chicago Personal Property Tax.
  • Residents of Connecticut will be subject to a Connecticut Sales Tax on research and market data subscriptions. For additional information, please refer to the following link https://ibkr.info/article/2973.

 

 

Professional versus Non-professional
Most exchanges and data vendors classify customers as either non-professional or professional. By default, organizations such as corporations, limited liability companies, etc, partnerships and any account where the data is used for more than personal investment purposes is deemed to be professional. In addition, private persons may be considered professional if they are registered as a security or investment advisor, or act in a similar capacity. A trader who is employed by a financial services business may also be considered a professional. Please review for more information about non-professional qualification.
 
   

Under certain circumstances, you will be charged additional fees (by our clearing firm or the exchanges). Place Trade passes these fees on to our clients without any additional markup.  

When considering fees please consider the overall low cost of trading, ultra-low margin rates, access to experienced financial consultants and great customer service that you enjoy at Place Trade.  We believe that we offer the lowest overall trading cost of any full-service broker.  

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Market data is available for your convenience. You are not required to subscribe to market data.

When you subscribe to market data you will be charged (monthly) fees by our clearing firm (or the exchanges). We pass these fees on to you without any additional markup.

 

 When considering fees please consider the overall low cost of trading, ultra-low margin rates, access to experienced financial consultants and great customer service that you enjoy at Place Trade.  We believe that we offer the lowest overall trading cost of any full-service broker. 

 

 

Place Trade recommends that you always use accurate market data and information before placing trades.

View Market data fees for exchanges in North America, Europe, Asia-Pacific and for global exchanges via this link.

For information regarding fees please call us at 1-919-719-7200.

 

 
 

How to View Free Research and News

 
     
 

How to View Free Live Quotes on your current portfolio positions: 

 
 

Simply open the Account Window in Place Trader Workstation (TWS) by either:

 
     
   
 
 

 

 

Under certain circumstances, you may be charged additional fees (by our clearing firm or the exchanges). Place Trade passes these fees on to our clients without any additional markup. Please note that Place Trade does not receive any form of benefit or compensation on market data subscriptions and does not mark up any securities, take credits or rebates from spreads, receive soft dollar payments or any other hidden fees that allow some firms to charge what appear to be lower commissions or flat rate commissions. We are not nickel and diming you, we are being transparent and offering the lowest possible overall trading cost to our clients. If you think that our costs are high, please understand that we are actually showing you what you are paying for and are not making up the difference where you will be unlikely to notice it (like within a price spread instead of passing the lower price on to you). 

When considering fees please consider the overall low cost of trading, ultra-low margin rates, access to experienced financial consultants and great customer service that you enjoy at Place Trade. We believe that we offer the lowest overall trading cost of any full-service broker.  

 

 

Please Note:

Please follow the links above for more information regarding fees in specific global regions.

For information regarding fees please call us at 1-919-719-7200.

 

 

 
Research, News and Market Data Fees > Separate Data Services  

 

Please note: We do offer a free research and news package with your account. If you are looking for more in depth analysis or institutional level research and data services, then subscribing to one of our bundles may be appropriate for you. You are generally NOT required to subscribe to market data subscriptions to use our trading platforms to purchase stocks and options.1


          Overview       Research & News     Market Data     Market Data Display      Quote Booster     View Market Data Fees     View Free Research and News

 

Separate Data Services 

 

  Non-Pro Fees/month Pro Fees/month
Available to All Clients
CUSIP Service USD1.00 USD2.00
Wall Street Horizon USD2.50 USD20.00
Reuters Worldwide Fundamentals USD7.00 USD 55.00
Reuters Basic Newsfeed - (Not Compatible with IBIS Subscription) Free for Active Accounts3 USD65.00

Research, News and Fundamentals - Bundled & a la carte

   

 

 

Please Note: 

1Under certain circumstances, such as when you subscribe to any of the above-noted services, you will be charged additional fees (by our clearing firm or the exchanges). Place Trade passes these fees on to our clients without any additional markup. Place Trade does not receive any portion of these fees. We choose to keep these trading costs as low as possible for the benefit of our clients. The cusip service may be required for bond traders.

When considering fees please consider the overall low cost of trading, ultra-low margin rates, access to experienced financial consultants and great customer service that you enjoy at Place Trade. We believe that we offer the lowest overall trading cost of any full-service broker.

3 $3 fee assessed on months that commissions total less than $30.

 

 

You are NOT required to subscribe to market data subscriptions to use our trading platforms to purchase stocks and options. 

 

Free delayed quotes are available and fees may be waived for active traders who choose to subscribe.  

 

We have a ton of awesome choices to meet the needs of every level of trader (including professionals) however you are welcome to choose the service provider of your choice for market data and info.  

 

Place Trade recommends that you always use accurate market data and information before placing trades.

 

For more information regarding fees please call us at 1-919-719-7200.

 

 

 
 


 

 

 

Subscriptions to FX markets are free and automatically enabled when you are approved for Global FOREX trading permissions.

Region/Exchange   Non-Pro Fees/month Pro Fees/month
Forex /Pro Fee Waived Fee Waived
FX Fee Waived Fee Waived
Index CFD Fee Waived Fee Waived
UK Physical Metals and Commodities Fee Waived Fee Waived

 

 

 

 

 

United States

Region/Exchange Non-Pro Fees/month Pro Fees/month
US Securities Snapshot and Futures Value Bundle 1, 2, 3, 4 USD 10.00 Base
Waived for Activity 4
+ USD 0.01 per Snapshot 24,25
N/A
Professional US Securities Snapshot Bundle 1, 6 N/A USD 10.00
Waived for Activity 6
+ USD 0.01 per Snapshot 24,25
US Futures Value PLUS Bundle 5 USD 5.00 N/A
US Equity and Options Add-On Streaming Bundle 26,27 USD 4.50 USD 122.00
Bond Ratings (Corporates and Municipals) 12 USD 1.00 USD 1.00
CBOE Market Data Express Indices USD 2.25 USD 2.25
CBOT Real-Time Depth of Book (L2) 3 N/A USD 90.0010
CFE Enhanced Top of Book (L1) USD 2.50 USD 7.50
CFE Enhanced with Depth of Book (L2) USD 4.00 USD 15.00
CME Real-Time Depth of Book (L2) 3 N/A USD 90.0010
CME S&P Indexes USD 4.25 USD 4.25
COMEX Real-Time Depth of Book (L2) 3 N/A USD 90.0010
Dow Jones Global Indices USD 1.00 USD 2.00
ERIS Market By Order USD 1.00 USD 1.00
ICE Futures U.S. (NYBOT) 11 USD 120.75 USD 120.75
ISE Options Depth of Book (L2) USD 10.00 USD 60.00
NASDAQ BX TotalView (L2) 13 USD 2.00 USD 43.00
NASDAQ Global Index Data Service USD 2.50 21 USD 11.00 21
NASDAQ Options Market Depth of Book (L2) USD 10.00 USD 60.00
NASDAQ TotalView-OpenView Bundled 13 USD 15.00 USD 86.50
NASDAQ TotalView-OpenView EDS 22 USD 1.00 USD 10.00
NYSE (Network A/CTA) Top of Book (L1) - Billed by the NYSE N/A USD 45.00
NYSE (Network A/CTA) Top of Book (L1) - Billed by our clearing firm (Professionals starting January 1, 2017) USD 1.50 USD 45.00
AMEX (Network B/CTA) Top of Book (L1) USD 1.50 USD 23.007
NASDAQ (Network C/UTP) Top of Book (L1) USD 1.50 USD 23.00
Global OTC Equities(L2) USD 1.50 USD 48.50
Global OTC and OTC Markets USD 17.00 USD 127.00
NYMEX Real-Time Depth of Book (L2) 10 N/A USD 90.0010
NYSE AMEX Options Depth of Book (L2) USD 10.00 USD 60.00
NYSE Arca Options Depth of Book (L2) USD 10.00 USD 60.00
NYSE Arca Order Imbalances USD 1.00 USD 1.00
NYSE ArcaBook Depth of Book (L2) 13 USD 11.00 USD 65.008, 29
NYSE Global Index Feed USD 1.00 USD 18.25
NYSE MKT Order Imbalances USD 1.00 28 USD 1.00 28
NYSE OpenBook Depth of Book (L2) 13 USD 25.00 USD 60.00
NYSE Order Imbalances USD 1.00 28 USD 1.00 28
OCX Data (OneChicago SSF) 14 USD 1.00 USD 1.00
OPRA Top of Book (L1) (US Option Exchanges) 15 USD 1.5016 USD 32.75
(includes all exchanges)
OTC Markets Top of Book (L1) 23 USD 3.00 USD 30.00
OTC Markets Depth of Book (L2) 23 USD 16.00 USD 80.00
RussellTick Indices Real-Time USD 2.00 USD 15.00
TRACE (BTDS) Corporate Bond Data N/A USD 65.00
US Mutual Funds Fee Waived21 Fee Waived21
US Bond Real-Time Data 12 Fee Waived Fee Waived

Canada

Region/Exchange Non-Pro Fees/month Pro Fees/month
Canadian Exchange Group (TSX/TSXV) Top of Book (L1) (Non-Canadian Residents Only) USD 20.00 USD 73.00
Toronto Stock Exchange Top of Book (L1) (Canadian Residents Only) CAD 9.00 CAD 34.50
Toronto Market by Price Depth of Book (L2) 18 USD 14.0020 USD 30.0020
TSX Venture Exchange Top of Book (L1) (Canadian Residents Only) CAD 9.00 CAD 27.00
TSX Venture Market by Price Depth of Book (L2) 19 USD 16.0020 USD 16.0020
Montreal Exchange Top of Book (L1) (CDE) USD 6.0020 USD 43.0020
Montreal Exchange Depth of Book (L2) (CDE) USD 9.0020 USD 54.5020
Aequitas NEO (P,L1) N/A USD 10.00

Mexico

Region/Exchange Non-Pro Fees/month Pro Fees/month
Mexican Derivatives Exchange Top of Book (L1) USD 5.00 USD 15.00
Mexican Stock Exchange Top of Book (L1) USD 14.0029 USD 35.5029
 

 

View Sample Market Data Subscriptions

The sample market data subscriptions in the following table below can help you choose the right subscriptions for your trading needs.

Market Data Desired Non-Professional
subscription(s) needed
Professional
subscription(s) needed
AMEX-, ARCA-, BATS-listed top-of-order book (NBBO) streaming quotes AMEX (Network B/CTA)
OR
US Securities Snapshot and Futures Value Bundle
AND
US Equity and Options Add-On Streaming Bundle
AMEX (Network B/CTA)
OR
Professional US Securities Snapshot Bundle
AND
US Equity and Options Add-On Streaming Bundle
NASDAQ-listed (ex: MSFT) top-of-order book (NBBO) streaming quotes NASDAQ (Network C/UTP)
OR
US Securities Snapshot and Futures Value Bundle
AND
US Equity and Options Add-On Streaming Bundle
NASDAQ (Network C/UTP)
OR
Professional US Securities Snapshot Bundle
AND
US Equity and Options Add-On Streaming Bundle
NYSE-listed (ex: IBM) top-of-order book (NBBO) streaming quotes NYSE (Network A/CTA)
OR
US Securities Snapshot and Futures Value Bundle
AND
US Equity and Options Add-On Streaming Bundle
NYSE (Network A/CTA)
OR
Professional US Securities Snapshot Bundle
AND
US Equity and Options Add-On Streaming Bundle
 

Notes:

  1. Includes snapshot data for Consolidated Tapes A, B, and C (NYSE, AMEX, NASDAQ) to provide NBBO. Requesting snapshot quotes will result in extra fees on top of the base value of the service. Also includes top of book quotes for OTC Markets, Dow Jones Indices, CBOE Market Data Express Indices, and US Bond Quotes. For more information on snapshot quotes, please visit US Reg NMS Snapshot Market Data Service.
  2. Includes top of book quotes for CBOT, CME, COMEX, and NYMEX
  3. Access to US Futures data requires clients to have US Futures Trading Permissions.
  4. Accounts must generate at least USD 30 in commissions per month per each user subscribed.
  5. Requires a subscription to the US Securities Snapshot and Futures Value Bundle. Includes depth of book quotes for CBOT, CME, COMEX, and NYMEX.
  6. Accounts must generate at least USD 30 in commissions per month per each user subscribed.
  7. Subscribing to AMEX (Network B/CTA) will allow a client to SMART route AMEX and ARCA listed stocks.
  8. Subscribing to NYSE ArcaBook Depth of Book (L2) will allow a client to see ARCA Depth of book quotes on the ARCA exchange. For a top of book quote, the client will need a subscription to AMEX (Network B/CTA).
  9. Floor-based data generally only includes last sale, as there are rarely bid-ask quotes.
  10. Top of Book data is included in the Depth of Book subscription.
  11. Includes options and Liffe precious metals futures and futures options.
  12. Includes US corporate bonds and US-Treasuries.
  13. Must subscribe to NYSE (Network A/CTA), AMEX (Network B/CTA), and NASDAQ (Network C/UTP) data.
  14. USD 10.00/month for IBIS Stand-Alone Clients.
  15. Includes all options exchanges
  16. For each subscriber the account must generate at least USD 20 in commissions per month to have the monthly fee waived for all users.
  17. Must have appropriate CDE trading permission
  18. Requires a subscription to the Toronto Stock Exchange Top of Book or Canadian Exchange Group (TSX/TSXV).
  19. Requires a subscription to the Venture Exchange Top of Book Non-Professional or Canadian Exchange Group (TSX/TSXV).
  20. Service is denominated in CAD for Canadian Accounts.
  21. These services can trigger Hosted Solutions fees
  22. Must subscribe to the standard NASDAQ TotalView-OpenView Bundled data.
  23. Requires Global OTC Equties (L2) data in order to view quotes.
  24. Snapshots are capped and switched to streaming quotes when the total snapshot cost equals the streaming equivalent.
  25. The streaming service for Network A, B, or C (NYSE, AMEX, NASDAQ) supersedes their respective snapshot service. If a client subscribes to the streaming service of NYSE, AMEX, or NASDAQ before being capped for the exchanges' snapshot service, they will only pay for the streaming service, not the month's previous snapshots for the respective service.
  26. Includes NYSE (Network A/CTA), AMEX (Network B/CTA), NASDAQ(Network C/UTP), and OPRA(US Options).
  27. Requires US Securities Snapshot and Futures Value Bundle for NonProfessionals or Professional US Securities Snapshot Bundle
  28. NYSE MKT and NYSE Order Imbalance subscriptions will increase in price as of June 1, 2017.
  29. Price indicates an increase effective January 1, 2018.

 

 

 

 

EuroNext (Belgium, France, Netherlands, Portugal)

Region/Exchange Non-Pro Fees/month Pro Fees/month
Euronext All Indices Real-Time Data Included in Euronext Data Bundle Top of Book (L1) and Depth of Book (L2) EUR 17.00
Euronext Cash Top of Book (L1) Available as Euronext Data Bundle – Top of Book (L1) (Stock Depth of Book (L2) – Equity Derivatives Top of Book (L1) ) EUR 73.0012
Euronext Cash Depth of Book (L2) Available as Euronext Data Bundle – Top of Book (L1) (Stock Depth of Book (L2) – Equity Derivatives Depth of Book (L2) EUR 101.0012
Euronext Commodity Derivatives Depth of Book (L2) EUR 17.00 EUR 17.00
Euronext Currency Derivatives Depth of Book (L2) EUR 3.00 EUR 3.00
Euronext Data Bundle - Level I (Stocks Depth of Book (L2) - Equity Derivatives Top of Book (L1) ) EUR 2.00 N/A
Euronext Data Bundle - Level II (Stocks Depth of Book (L2) - Equity and Index Derivatives Depth of Book (L2) ) EUR 39.00 Available as Euronext Cash Market Depth of Book (L2) plus Euronext Equity and Index Derivatives Depth of Book (L2)
Euronext Equity and Index Derivatives - Depth of Book (L2) EUR 37.00 EUR 37.00

 


Austria

Region/Exchange Non-Pro Fees/month Pro Fees/month
Vienna Stock Exchange Indices Available as Vienna Stock Exchange Level 1 + Indices EUR 11.00 7, 12
Vienna Stock Exchange Cash Market Top of Book (L1) Available as Vienna Stock Exchange Level 1 + Indices EUR 35.5012
Vienna Stock Exchange Cash Market - Depth of Book (L2) Available as Vienna Stock Exchange Level 2 + Indices EUR 47.0012
Vienna Stock Exchange - Top of Book (L1) + Indices EUR 3.50 Available as Vienna Stock Exchange Level 1 plus Vienna Stock Exchange Indices
Vienna Stock Exchange - Depth of Book (L2) + Indices EUR 6.00 Available as Vienna Stock Exchange Level 2 plus Vienna Stock Exchange Indices

Czech Republic

Region/Exchange Non-Pro Fees/month Pro Fees/month
Prague Stock Exchange Cash Market Top of Book (L1) EUR 3.50 EUR 16.0012
Prague Stock Exchange Cash Market Depth of Book (L2) EUR 9.50 EUR 27.0012

 


Germany

Region/Exchange Non-Pro Fees/month Pro Fees/month
Deutsche Boerse Indices & Xetra ETFs EUR 1.25 EUR 10.00 10, 12
Eurex Top of Book (L1) Real-Time Information 3 EUR 8.75 EUR 56.0012
Eurex Depth of Book (L2) Real Time Information 4 EUR 13.00 EUR 54.50
Spot Market Germany (Frankfurt/Xetra) Top of Book (L1) EUR 16.25 EUR 67.5012
Spot Market Germany (Frankfurt/Xetra) Depth of Book (L2) (1) EUR 21.75 EUR 81.5012
STOXX© Index Data Real-Time EUR 9.00 EUR 14.00 11, 12
Stuttgart Boerse incl. Euwax (SWB) EUR 5.50 8 EUR 8.00 9

 


Hungary

Region/Exchange Non-Pro Fees/month Pro Fees/month
Budapest Stock Exchange (L2) EUR 2.50 EUR 24.00

 


Italy

Region/Exchange Non-Pro Fees/month Pro Fees/month
Borsa Italiana (BVME stock / SEDEX / IDEM deriv) Top of Book (L1) EUR 3.00 EUR 15.00
Borsa Italiana (BVME stock / SEDEX / IDEM deriv) Depth of Book (L2) EUR 17.00 EUR 46.50

 


Nordic (Denmark, Finland, Norway, Sweden)

Region/Exchange Non-Pro Fees/month Pro Fees/month
Nordic Derivatives Top of Book (L1) 6 EUR 3.00 Top of Book (L1) Data not Available to Professional Subscribers
Nordic Derivatives Depth of Book (L2) 6 EUR 5.00 EUR 33.50
Nordic Equity Top of Book (L1) 6 EUR 1.00 EUR 34.75
Nordic Equity Depth of Book (L2) 6 EUR 5.00 EUR 65.00
Oslo Bors Top of Book (L1) NOK 11 N/A
Oslo Bors Depth of Book (L2) NOK 110 NOK 37512
Turquoise Derivatives (Nordic) NOK 5.00 NOK 5.00


Other European Exchanges

Region/Exchange Non-Pro Fees/month Pro Fees/month
European (BATS/Chi-X) Equities Depth of Book (L2) 2, 6 Fee Waived USD 10.00
Turquoise ECNs Level 1 GBP 6.00 GBP 7.25
Turquoise ECNs Level 2 GBP 12.00 GBP 14.00

 

Poland - Polish Flag  Polska - Polska flaga

Poland

Region/Exchange Non-Pro Fees/month Pro Fees/month
Warsaw Stock Exchange (L1) PLN 10.00 N/A
Warsaw Stock Exchange (L2) PLN 86.00 PLN 196.00

Spain

Region/Exchange Non-Pro Fees/month Pro Fees/month
Bolsa de Madrid Top of Book Plus (L1) EUR 5.25 EUR 32.5012
Bolsa de Madrid Depth of Book (L2) EUR 16.0012 EUR 57.0012
IBEX and LATIBEX Indices EUR 7.0012 EUR 7.0012
BME (MEFF) Top of Book (L1) EUR 2.25 EUR 15.00
BME (MEFF) Depth of Book (L2) EUR 4.50 EUR 24.00

Switzerland

Region/Exchange Non-Pro Fees/month Pro Fees/month
SIX Structured Basic Access CHF 6.50 CHF 15.25
SIX Structured Advanced Access CHF 8.75 CHF 22.00
SIX Swiss Exchange Top of Book (L1) N/A CHF 26.75
SIX Swiss Exchange Depth of Book (L2) CHF 10.00 CHF 96.50

United Kingdom

Region/Exchange Non-Pro Fees/month Pro Fees/month
ICE Futures E.U. - Commodities (IPE) 5 USD 120.75 USD 120.75
ICE Futures E.U. – Financials (LIFFE) 5 USD 120.75 USD 120.75
LSE International Top of Book (L1) GBP 4.25 GBP 27.00
LSE UK Top of Book (L1) GBP 5.00 GBP 50.00
 

Notes:

  1. FWB floor data is provided at Level I only.
  2. Includes Chi-X, NURO.
  3. Level I does not provide any market depth (just bid /ask).
  4. Level II only shows a market depth of 5.
  5. Includes options.
  6. These services can trigger Hosted Solutions fees.
  7. Price increase from EUR 8.50 to EUR 9.00 effective July 1, 2017.
  8. Price increase from EUR 4.50 to EUR 5.50 effective July 1, 2017.
  9. Price increase from EUR 6.00 to EUR 8.00 effective July 1, 2017.
  10. Price increase from EUR 6.50 to EUR 9.00 effective September 1, 2017.
  11. Price increase from EUR 9.00 to EUR 13.00 effective September 1, 2017.
  12. Price indicates an increase effective January 1, 2018.

 

 

 

 

Australia

Region/Exchange Non-Pro Fees/month Pro Fees/month
ASX Total Depth of Book (L2) AUD 25.00 AUD 88.009
Chi-X Australia 2 AUD 7.50 AUD 22.50
ASX24 Commodities and Futures Depth of Book (L2) AUD 21.5010 AUD 81.0010

China

Region/Exchange Non-Pro Fees/month Pro Fees/month
Shanghai Stock Exchange 5 Second Snapshot (via HKEx) 3, 8 USD 1.00 USD 1.00
Shanghai Stock Exchange Top of Book (L1) (non-Mainland China residents) 4, 6 USD 24.00 USD 30.00
Shanghai Stock Exchange Depth of Book (L2) (non-Mainland China residents) 5, 6 USD 35.00 USD 35.00
Shanghai Stock Exchange Levels 1 & 2 (Mainland China residents) 5, 7 USD 5.00 USD 5.00
Shenzhen Stock Exchange 3 Second Snapshot (via HKEx) 3, 8 USD 1.00 USD 1.00
Shenzhen Stock Exchange Top of Book (L1) (non-Mainland China residents) 4, 6 USD 16.50 USD 16.50
Shenzhen Stock Exchange (Mainland China residents) 5, 7 USD 5.50 USD 5.50

 


Hong Kong

Region/Exchange Non-Pro Fees/month Pro Fees/month
Hang Seng Indexes HKD 15.00 HKD 15.00
Hong Kong Derivatives (Fut & Opt) Top of Book (L1) HKD 25.00 HKD 25.00
Hong Kong Derivatives (Fut) Depth of Book (L2) HKD 100.00 HKD 100.00
Hong Kong Securities Exchange (Stocks, Warrants & Bonds) Top of Book (L1) HKD 130.00 HKD 130.00
Hong Kong Securities Exchange (Stocks, Warrants & Bonds) Depth of Book (L2) HKD 225.00 HKD 225.00

 


India

Region/Exchange Non-Pro Fees/month Pro Fees/month
National Stock Exchange of India, Capital Market Segment, Top of Book (L1) USD 9.50 USD 9.50
National Stock Exchange of India, Capital Market Segment, Depth of Book (L2) USD 13.50 USD 13.50
National Stock Exchange of India, Futures and Options Segment, Top of Book (L1) USD 14.50 USD 14.50
National Stock Exchange of India, Futures and Options Segment, Depth of Book (L2) USD 20.50 USD 20.50

 

Japan

Region/Exchange Non-Pro Fees/month Pro Fees/month
Chi-X JPY 100.00 JPY 100.00
Osaka Exchange Top of Book (L1) 1 JPY 200.00 JPY 1500.00
Osaka Exchange Depth of Book (L2) 1 JPY 400.00 JPY 2200.00
Tokyo Stock Exchange Top of Book (L1) JPY 300.00 JPY 3000.00

 


Singapore

Region/Exchange Non-Pro Fees/month Pro Fees/month
Singapore Exchange (SGX) – Derivatives Top of Book (L1) SGD 1.25 SGD 1.25
Singapore Exchange (SGX) – Stocks Top of Book (L1) SGD 11.00 SGD 11.00

 


South Korea

Region/Exchange Non-Pro Fees/month Pro Fees/month
Korea Stock Exchange Depth of Book L2 USD 2.00 USD 57.00
 

Notes:

  1. Includes Derivatives and Indices.
  2. Chi-X Australia is required to see the true NBBO for ASX listed stocks.
  3. 5 second snapshot data for bid/ask and last.
  4. Real-time last with 3 second bid/ask snapshot data.
  5. Real-time last with 3 second bid/ask snapshot data and market depth.
  6. For clients who have accounts registered outside of Mainland China.
  7. For clients who have accounts registered inside Mainland China.
  8. For each subscriber the account must generate at least USD 5 in commissions per month to have the monthly fee waived for all users.
  9. Price increase from AUD 80.00 to AUD 88.00 effective July 1, 2017.
  10. Price indicates an increase effective January 1, 2018.

 

Notes:

  • Accounts will be assessed a separate market data subscription fee for each user that subscribes to data. Subscriptions are charged on a per-username basis and subscriptions cannot be shared between usernames even if they are on the same account.
  • Market data fees for each month will be charged to your account during the first week of the subsequent month.
  • Customers without enough cash to pay market data fees will have positions liquidated to cover the fees. Those customers without enough equity to pay market data fees will have their remaining equity applied to the market data fees, and then the account will be closed.
  • Partial month subscriptions will be charged at the full month's rate.
  • Requests to unsubscribe to market data which are received after midnight ET will be processed with an effective date of the following day.
  • There is no cap on the quantity of market data lines allocated per customer.
  • Market data for Advisors and Brokers is calculated based on aggregate commissions and equity for all accounts, and all accounts receive the same number of market data lines.
  • Advisors and Brokers without any funds in their master account to cover their market data fees will have their market data turned off until there are funds in the master account to cover market data fees.
  • Trading accounts with less than USD 500 (or non-USD equivalent) in equity will have their market data turned off. In the event market data is turned off, the account equity must be increased to USD 2,000 (or non-USD equivalent) before market data will be re-enabled.
  • Residents of Chicago, IL will be subject to a Chicago Personal Property Tax on select research subscriptions. For additional information, please refer to the following link https://ibkr.info/article/2964.
  • Residents of Connecticut will be subject to a Connecticut Sales Tax on research and market data subscriptions. For additional information, please refer to the following link https://ibkr.info/article/2973.

 

Market Data Display


 

How Market Data is Allocated

In order to receive real-time market data, customers must be a subscriber to market data. All clients initially receive 100 concurrent lines of real-time market data (which can be displayed in TWS or via the API) and always have a minimum of 100 lines of data. After the first month of trading, the quantity of market data is allocated using the greater value of:

  • USD monthly commissions divided by 8
  • USD equity multiplied by 100 divided by $1,000,000
    (rounded down to the nearest integer)
  • 100
  • Example 1:
    In month two, your account shows the following values: USD Monthly Commissions: $16, USD Equity: $950,000
    Using the calculations above, you would still receive the minimum 100 lines of data, since: $16/8 = 2
    $950,000 x 100 / $1,000,000 = 95
  • Example 2:
    In month three, your account shows the following values: USD Monthly Commissions: $500, USD Equity: $1,245,000
    Using the calculations above, you would receive 124 lines of data, since $500/8 = 62.5
    $1,245,000 x 100 / $1,000,000 = 124.5, rounded down to 124.

The number of symbols that can be viewed simultaneously via the TWS deep book windows (including BookTrader, Market Depth and ISW) is determined as follows: one unique symbol for every 100 allowed lines of market data, with a minimum of three and a maximum of 60. For example, a client with the default allowance of 100 tickers will be able to simultaneously view three deep book windows. A client who, based on commissions, equity or other criteria, is allowed 500 tickers will be able to simultaneously view five deep book windows. Note that this number may change month to month if the number of allowed tickers for your account changes.

 

Snapshot

A Snapshot subscription allows users the ability to request a singular instance, non-streaming quote of market data for an individual stock. Snapshot quotes do not update and do not refresh on their own. They are an alternative to streaming quotes as users are charged on a per request basis as opposed to a monthly flat fee. Charges for Snapshot requests are typically USD 0.01 and are capped when the dollar value of requests for a certain Network reaches the dollar value of the respective Network streaming service.

Sample Snapshot Caps:

Listed Network Feed Price per Snapshot Quote Subscriber Status Capped Snapshot Streaming Service Activated
AMEX (Network B/CTA) USD 0.01 Non-Pro 150 AMEX (Network B/CTA) (NP, L1)
AMEX (Network B/CTA) USD 0.01 Pro 2300 AMEX (Network B/CTA) (P, L1)
NASDAQ (Network C/UTP) USD 0.01 Non-Pro 150 NASDAQ (Network C/UTP) (NP, L1)
NASDAQ (Network C/UTP) USD 0.01 Pro 2300 NASDAQ (Network C/UTP) (P, L1)
NYSE (Network A/CTA) USD 0.01 Non-Pro 150 NYSE (Network A/CTA) (NP, L1)
NYSE (Network A/CTA) USD 0.01 Pro 4500 NYSE (Network A/CTA) (P, L1)

Quote Booster

Increase your allowance of simultaneous quotes windows by purchasing monthly Quote Booster packs at USD 30.00 per pack.

  • Each booster pack provides 100 simultaneous Level I quotes. Booster Pack quotes are in addition to your monthly quote allotment from all sources, including commissions.
  • Booster pack quotes are available for use in the desktop systems and in the API.
  • Once subscribed, quotes are available immediately and will display the next time you log into the system.
  • Data from a canceled booster pack subscription will remain available through the end of the current billing cycle.
  • Limit of 10 Quote Booster packs per account.

 

Disclosures
 
  • * FREE TRIAL - Receive free for a 30 day period from the date of subscription. The free trial subscription will terminate once the 30 day period is over. Once the trial data has terminated, the account may elect to re-subscribe to continue receiving the data. Should the trial data terminate mid-month and the election is made to re-subscribe, a full month charge will be levied as the exchanges do not prorate fees. For example, an account subscribing to a service subject to a free trial on October 15 will receive data for free until November 14. Should the account wish to continue receiving data past the 14th, the account must log into Account Management and re-subscribe once the data has terminated. The re-subscription will result in a full month charge for November. This data will then continue until the account unsubscribes from the service.
  • Market Data and Research Subscription Termination - If you do not log into Trader Workstation (TWS) for 60 days, you will be notified that your active market data and research subscriptions will expire at the end of the current month. You can avoid subscription termination by logging into TWS or by choosing to continue the subscriptions on the Market Data and Research pages in Account Management.
  • Market data subscription costs will not be pro-rated. Users who subscribe to or unsubscribe from data mid-month will be charged at the full monthly rate.
  1. $7 fee assessed for months that commissions total less than $30.
  2. $3 fee assessed for months that commissions total less than $30.

Non-Professional Subscriber - A "Non-professional Subscriber" is any natural person (the definition of a natural person excludes corporations, trusts, organizations, institutions and partnership accounts) whom a market data vendor has determined qualifies as a "Nonprofessional Subscriber" and who is not:

  1. Registered or qualified with: the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association, nor
  2. Engaged as an "investment advisor" as that term is defined in Section 201(11) of the Investment Advisor's Act of 1940 (whether or not registered or qualified under that Act), nor
  3. Employed by a bank or another organization that is exempt from registration under Federal and/or state securities laws to perform functions that would require him or her to be so registered or qualified if he or she were to perform such functions for an organization not so exempt.

Any person who does meet the above criteria (a, b, & c) is considered a Professional Subscriber.

 

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