SIX Exfeed will launch a low priced unbundled post-trade only market data service for subscribers of real-time information.
From Monday, 3 January 2011, professional and non-professional users will be able to subscribe to SIX Swiss Exchange's post-trade service for CHF 5 per month.
The Federation of European Stock Exchanges (FESE), which represents the majority of the European regulated markets, strongly supports the commitment of its members to offer reasonably priced market data services.
Werner Bürki, CEO of SIX Exfeed, comments: "The market relies on us to provide customer driven services in order to efficiently facilitate trading on SIX Swiss Exchange. As a FESE member we also stand to our commitment to back consistent and comprehensive Equity Market Data Consolidation. This is one of the cornerstones in the alignment process amongst European regulated markets, which will also help us to find a common solution for the standardization of trade type flags and the harmonization in the provision of delayed data, which SIX Exfeed offers free of user based charges."