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"Boy, probably spent a thousand hours trying to get ******* API to work right. And now two hours to have something running with IQFeed. Hmmm, guess I was pretty stupid to fight rather than switch all this time. And have gotten more customer service from you guys already than total from them… in five years." - Comment from Jim
"Previously I was using *******. IQFeed is WAY more economical, and for my charting needs is just as good, if not better." - Comment from Public Forum Post
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"If you want customer service that answers the phone, your best bet is IQFeed. I cannot stop praising them or their technical support. They are always there for you, and they are quick. I have used ****** too but the best value is IQFeed." - Comment from Public Forum
"I just wanted to let u know that your data feed/service is by far the best!!! Your unfiltered tick data is excellent for reading order flow and none of your competitors delivers this quality of data!" - Comment from Peter via Email
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"I just wanted to let you know how fast and easy I found it to integrate IQFeed into our existing Java code using your JNI client. In my experience, such things almost never go so smoothly - great job!" - Comment from Nate
"I am very pleased with the DTNIQ system for quotes and news." - Comment from Larry
"DTN feed was the only feed that consistently matched Bloomberg feed for BID/ASK data verification work these past years......DTN feed is a must for my supply & demand based trading using Cumulative Delta" - Comment from Public Forum Post
"I ran your IQFeed DDE vs. my broker vs. a level II window for some slow-moving options. I would see the level II quote change, then your feed update instantaneously. My broker's DDE, however, would take as much as 30 seconds to update. I am not chasing milliseconds, but half a minute is unacceptable." - Comment from Rob
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»Forums Index »Product Support »General Product Announcements »New MDS Classification and fees for Nasdaq Level II users
Author Topic: New MDS Classification and fees for Nasdaq Level II users (1 messages, Page 1 of 1)

DTN_Jay_Froscheiser
-VP, Product Operations-
Posts: 1752
Joined: May 3, 2004

DTN IQFeed/DTN.IQ/DTN NxCore


Posted: Feb 12, 2018 02:36 PM          Msg. 1 of 1
The Nasdaq exchange has recently determined that users receiving Nasdaq Level II data via DTN NxCore and DTN.IQ are required to register as MDS (Managed Data Solution) users.

Professional users will need to complete and submit the “System Application - Managed Data Solution” to Nasdaq before March 1, 2018 in order to continue receiving Nasdaq Level II data. Please contact Nasdaq at datasales@nasdaq.com with questions regarding the “System Application – Managed Data Solution” agreement.

For Professional users, the exchange fee Nasdaq charges for Level II data will increase from $80/month to $375/month which will be reflected on your billing effective March 1, 2018.

For non-Professional users, the exchange fee Nasdaq charges for Level II data will increase from $19/month to $60/month which will be reflected on your billing effective March 1, 2018.

If you currently receive Nasdaq Level II data and wish to remove it or make any changes to your DTN service, please contact us at 800-487-0474 prior to March 1. We value your business and look forward to continuing to provide you the highest quality and most economical market data services. Please note that these changes are being made by the Nasdaq exchange and in no way change the level of service or fees being charged by DTN.

Jay Froscheiser
Vice President, Active Trader Products
 

 

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