How much does live market data cost?

Overview:

A paper trading account is a simulated account trading in a simulated market. We programmatically simulate, to the best possible abilities, actual market conditions. However, it is not a real market and prices cannot exactly match. We are simulating not only the trader’s functionality and the market, but also the role of the exchange. In a real, live account, the order would be sent to the exchange, and the exchange would be doing the execution—not us. The exchange has an anonymous book and orders are matched anonymously. With the simulated account we are trying to simulate the role that in the real markets is played by the exchange. While these fills may or may not be within the bounds of the live market at the time, in no way is it indicative of what would happen in the real market. Again, we are simulating the exchange’s role in the live market, and in that market the onus for order matching/filling is on the exchange…

Subscription fees are assessed based on the number of users subscribed to the service on an account. If multiple users are subscribed, there will be multiple charges assessed to the account. The market data fees displayed in Client Portal and the website are per month…

Global Snapshot is a market data service that allows a user to request snapshot real-time price quotes for a single instrument on a request basis from available exchanges worldwide. This service, referred to as “Snapshot Quotes”, differs from the traditional quote services which offer continuous streaming and updates of real-time prices…

If you see a fee for "abcopranp" on your statement, it is because you are subscribed to the US Equity and Options Add-On Streaming Bundle Non-Professional market data package.

For more information on available market data packages, please see the Market Data Fees…