The traded prices of equity shares and exchange-traded funds on individual stock exchanges and trading platforms, and related array of stock market indices, are required by investors and dealers to ensure best trade execution, and to measure trading performance against defined index benchmarks for passively managed funds. This near-inelastic demand for transaction prices has given stock exchanges and other trading platforms the latitude to raise fees for their market data.
Through all this, the regulators have been strangely benign, seemingly reluctant to disapprove continued requests for data fee increases. Some regulators, such as our Canadian Securities Administrators , have defined methodologies to assess proposed fees based on market share of the marketplaces, the rationale for the fee increases, the underlying costs to produce the data and resulting widening in margins and the fairness of charges to investors, particularly small investors.
Canadian and foreign regulators may, based on the general wording of the regulation, ask marketplaces similar questions to justify their fee increases. However, in the U.S., stock exchanges must now explain and justify in detail, against a set of specific public interest guidelines and directions, why fee increases are reasonable and fair and what their impact is on competition and investors in the marketplace.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blue Jays' rebuilding offence already improved from season opener - Sportsnet.caThe Toronto Blue Jays blow out win over the Detroit Tigers Friday showed how far the offence has come since those same Tigers shut out the Jays in the season opener. ArdenZwelling You just beat the worst team in baseball, who is only a few games behind you and now you think you have some credit to take about the BlueJays winning a game ArdenZwelling Against tigers? The next worst team! ArdenZwelling Oh ya they really showed up the Yankees and Boston didn't they.
Source: Sportsnet - 🏆 57. / 59 Read more »
As technology improves, should ranchers keep branding their livestock?An Alberta veterinarian says that technology such as ear tags with GPS and microchips can do the job of tracking and identification cattle that branding has fulfilled So... you propose scanners and chip readers when separating cattle in community pastures? You do realize ranchers or farm hands do this while on ATV or horse, right? I will let the farmers decide for themselves how best to identify and track their livestock It's no one else business but theirs BEWARE NORMAL CANADIANS! Leftys trying to demonized cattle industry after they decimated oil and gas. Their appetite for socialism is never satisfied.
Source: nationalpost - 🏆 10. / 80 Read more »
Opinion: Ottawa’s approach to supporting charitable media foundations is uncharitable – and self-defeatingFoundations and non-profit organizations are bafflingly being excluded from the government’s plan to support the media. Will an expert report change its mind? GlobeDebate Buying good press for Trudeau and the Liberals at any cost to the taxpayers and democracy...!
Source: globeandmail - 🏆 5. / 92 Read more »
China launches STAR, tech stock market to boost industryThe market, modeled on the U.S.-based NASDAQ, reflects the ruling Communist Party’s desire to channel private capital into its development plans The CCP's fraud group, do you dare to enter it?
Source: globeandmail - 🏆 5. / 92 Read more »