OneChicago, the all-electronic exchange for trading Single Stock Futures (SFFs), announced today that on November 1, 2009 it will initiate its new market-data branding, OneData, as well as a revised data price schedule.
OneData will be widely available at a reasonable price level, will eliminate the private user category, and reduce fees for websites, wallboards and other uses. OneData will also feature a second pricing tier in its annual license fee.
OneChicago additionally will partner with TCB Data regarding market data reporting and billing software, also effective November 1, 2009.
"Our mission is to have OneData available broadly," said Tom McCabe, OneChicago's Chief Operating Officer. "We believe our new pricing schedule will make this possible. He also commented: "OneChicago's association with TCB Data, the industry leader in market data reporting, will streamline reporting usage and billing for our market data vendors. We look forward to this opportunity."