FEEDWATCH  ·  MARKET INFRASTRUCTURE INTELLIGENCE CME GLOBEX → GOOGLE CLOUD: Q2 2026 1GBPS MDP 3 MULTICAST DEADLINE: MARCH 2026 ILINK SBE SCHEMA V9: LIVE JAN 25 RULE 605 NMS PLAN: AUG 1, 2026 FINRA SLATE: LIVE JAN 2, 2026 FEEDWATCH  ·  MARKET INFRASTRUCTURE INTELLIGENCE CME GLOBEX → GOOGLE CLOUD: Q2 2026 1GBPS MDP 3 MULTICAST DEADLINE: MARCH 2026 ILINK SBE SCHEMA V9: LIVE JAN 25 RULE 605 NMS PLAN: AUG 1, 2026 FINRA SLATE: LIVE JAN 2, 2026
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Next deadline: CME 1Gbps MDP3 — Mar 1, 2026
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Free Tool  ·  Market Data Intelligence

Market Data Peer Groups

See how firms like yours approach market data infrastructure. Anonymous benchmarks by firm type — feeds, fees, connectivity, and regulatory priorities.

FREE  ·  SELECT YOUR FIRM TYPE TO BEGIN
Step 1 of 2
Select Your Firm Type
Bulge Bracket Bank
Mid-Size Broker-Dealer
Regional Broker-Dealer
Hedge Fund (HFT)
Hedge Fund (Fundamental)
Asset Manager
Exchange / Venue
Data Vendor
Step 2 of 2
Benchmark Data
A Data Feeds Typical Feed Subscriptions
B Fee Benchmarks Monthly Market Data Spend
Monthly Spend Range
Low
Median
High
estimated monthly median spend
Professional Users (Typical Range)
Professional users are defined per exchange policy and billed at per-user rates. This is often the largest variable cost driver for data-intensive firms.
Top Cost Drivers
C Connectivity Typical Connectivity Profile
D Regulatory Priorities Key Regulatory Obligations
Track all regulatory deadlines for your firm type on FeedWatch — the market data industry's infrastructure deadline calendar. View FeedWatch →
Comparison Mode
Select a Firm Type to Compare

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Disclaimer: Benchmarks are estimates based on publicly available information, industry research, and expert knowledge. Individual firm costs vary significantly based on strategy, size, negotiated rates, and specific data requirements. Market Data News does not guarantee accuracy. Last updated: April 2026.