21-319 - Data Fees Methodology (National Notice)

21-319 - Data Fees Methodology (National Notice)

• National Notice 21-319 Data Fees Methodology

  Effective Date: December 8, 2016.

  On April 7, 2016, the Canadian Securities Administrators formalized a Data Fees Methodology to provide a transparent process for regulatory oversight of real-time professional market data fees. The Data Fees Methodology estimates a fee range that reflects each marketplace’s contribution to price discovery and trading activity. The purpose of this notice is to provide marketplaces and marketplace participants with information about the scope, application, implementation and use of the Data Fees Methodology.

  21_319_data_fees_methodology_december_8_2016.pdf