Exchange Fees

Discussion in 'Trading' started by mjt, May 3, 2001.

  1. mjt


    Let's say you have a broker, and you have to pay exchange fees to use their real time data. And you have another broker for backup, and you also pay exchange fees there. And maybe you have another software program that helps you in decision making, and you have to pay exchange fees for that data. You're paying exchange fees 3 times. Does anyone know if this is what's intended? I mean, if we were to contact the exchanges, could we say we're being billed multiple exchange fees for the same data? I know it's not a ton of money, but every little bit helps.
  2. I'm curious about this too. On top of exchange fee's I have to pay the professional rate. I usually get around this for 2nd vendors by using the quotes in my girlfriend's name or my corporation pays for them.

    Anyone know anything about this?