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Market Data Subscriptions

IB provides real-time streaming market data for free or at the price we are charged by the exchange. The Market Data Subscriptions page lets you sign up for additional market data subscriptions such as NASDAQ TotalView and NYSE Open Book or unsubscribe from market data. You can also search for any market data subscription using the Market Data Assistant.

Notes About Market Data Subscription Fees

Here are a few important things to remember about market data subscription fees:

• Market data fees for each month are charged to your account during the first week of the subsequent month.
• Some market data subscriptions a free if you meet certain commission requirements:
• US Commodities Exchanges Professional market data subscription is free to clients who generate more than 30 US dollars in commissions per month.
• US Securities & Commodities Non-Professional Bundle (Includes all Stock, Options, Futures and Bond markets) subscription is free to non-professionals who generate more than 30 US dollars in commissions per month.
• Real-time Reuters News Feeds are free to clients who generate more than 30 US dollars in commissions per month.
• If you want to cancel a market data subscription, do it by the end of the month.
• Customers without enough cash to pay market data fees will have positions liquidated to cover the fees. Customers without enough equity to pay market data fees will have their remaining equity applied to the market data fees, and then the account will be closed.
• Partial month subscriptions are charged at the full month's rate.
• Trading accounts with less than 500 US dollar (or USD equivalent) in equity will have their market data turned off.

Who can access the Market Data Subscriptions page?

You can access this page if you are a(n):

• Individual, Joint, Trust or IRA Account User
• Small Business Account User
• Friends and Family Master or Client User
• Advisor Master User Individual (advisor master account only)
• Advisor Master User Organization (advisor master account only)
• Proprietary Trading Group Master User
• Proprietary Trading Group Sub User
• Broker Master User (master and non-disclosed account only)
• Broker Fully Disclosed Client User
• Broker Fully Disclosed Client User Organization
• Broker Omnibus Client User
• Investment Manager Master User
• Fund

To use the market data subscriptions page

1. Click Trade > Configuration > Market Data Subscriptions.
   
   Your current market data subscriber status (Professional or Non-Professional) is displayed in the page title. Market data subscriptions are organized by region (North America, Europe, Asia-Pacific).

The Market Data Subscriptions page appears.

2. To sign up for additional market data subscriptions, click the tab for the region you want, click the check box for each subscription you wish to add, then click Continue.
3. If you have additional linked, duplicate or consolidated accounts, the Billable Account section appears on the page. Use this section to change the account that is billed for market data.
   
   

   Select the account you want to be billed for market data, then click Change Billing Account. Beginning with the next billing cycle, your market data subscriptions will be billed to the account you selected.

4. To unsubscribe from market data, click the check box for the subscription to clear the check mark, then click Continue.Read and complete any Subscriber Agreement that appears, then click Continue.

The Market Data Subscription page opens again, with your new selections updated and any pending subscriptions identified as such. Market Data subscription updates take effect immediately under normal circumstances.

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