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dtn iqfeed discount

  #13 (permalink)

Trading Experience: Advanced
Platform: IB
Favorite Futures: Futures
Posts: 35 since Jun 2011
Thanks: 18 given, 4 received

IQFeed Dave View Post
IQFEED Answers to your above questions: Data providers don't "charge" exchange fees. We "collect' them for the exchange. Because there are extra costs involved in providing real-time futures the data provider is charging you for them. Some data providers include them in their fees somewhere, somehow, and some, like us, give you the option of adding them or not. Not everybody wants or needs real-time EUREX data. If you add real-time EUREX data there are 2 additional fees. There is a $30 International Data Fee (same justification, same principal as the "Domestic" RT Futures fee) that we charge + there is the exchange fee that we are also required to collect. The exchange fee will either be $23 or $81 depending on your pro/non-pro status.

I what what an exchange fee is, and I know IQ feed collects it on behalf of the exchange.

This RT Entitlement fee did not exist years ago for IQ Feed, in fact I know of someone close to me who has been a customer of yours for many years and never had to pay this fee up until today.

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