Market Data and Connectivity

IEX Exchange provides the ability for our broker-dealer Members to connect and send orders to the exchange directly. Additionally, our proprietary data feeds can be accessed by exchange Members, industry participants, retail clients, or anyone else with a need for low-latency market data, either directly or through a third-party market data provider.

Market Data and Connectivity

Market Data

IEX’s market data is a critical product that allows users to see real-time orders and trades that are sent to and executed on the IEX Exchange Order Book. IEX Exchange’s proprietary market data feeds are designed to provide transparency and enable a high level of performance without leaking information. Anyone interested in receiving one of IEX’s Real-Time feeds can either connect directly to IEX or receive our data through one of our third party market data provider partners. Visit our Market Data Resources page to get access to IEX Market Data today.

Market Data and Connectivity

Connectivity

IEX Exchange offers connectivity to the exchange via physical ports as well as logical ports (also called trading sessions), which are used by broker-dealers to submit orders. IEX Exchange offers physical connectivity for free and charges $100 per month for each extra port after a user’s first five ports.

Get Connected
Market Data and Connectivity

Fees

At IEX Exchange, we believe that exchange fees should be charged fairly and transparently.

We believe it is critical that market data and connectivity fees be based on costs incurred by the provider (with a reasonable markup) because exchanges’ monopolistic positions create a potential for abusive pricing practices. Where we have determined that fees are appropriate, we have led the industry in providing data and analysis demonstrating how those fees are related to our costs, and provided sufficient time for the industry to evaluate the potential impact of those fees and comment publicly if they choose.

Our Fee Schedule