dn2021-6 - Nasdaq PHLX Announces Expanded Distribution Policy and Fee Changes for PHLX Trade Outline (PHOTO) Product, Effective October 1, 2021 ...Middle East

News CategoryAlertMarketsWhat You Need To KnowData News#2021-006 Effective October 1, 2021, Nasdaq will offer the ability for 3rd parties to create products derived from PHOTO data to be broadly distributed to the general investing public. Nasdaq will also increase fees to reflect the current market value of the product, while at the same time discounting the price of historical data to incentivize back-testing and product development*. *Subject to Securities and Exchange Commission (SEC) approval.

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