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Stock Exchange Data Fees Eat Investors' Returns

Traders Magazine Online News, January 25, 2016

Larry Tabb

Exchanges are quietly, yet dramatically, increasing the fees they charge for market data and access to compensate for their own dramatic declines in market share as the revenues of brokers, specialists, market makers and other users of stock-exchange services have toppled. The result is that the exchanges are making it more expensive to trade, and that's harming investors.

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