News

All company news »

Related Companies

Lynx Wealth Management Systems Interactive Brokers The Order Machine

Channels

Wholesale banking

Keywords

Market data distribution

External | what does this mean?

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Free TOM derivatives data made available

Source: TOM MTF

As of today all retail clients of Interactive Brokers, Lynx and Today’s Groep will have free access to real-time derivatives market data of TOM MTF.

ABN AMRO Bank and BinckBank currently do not charge separate costs for this market data access.

Since the start of TOM, the exchange fees for options fell by almost 70% and TOM obtained a market share of 40 - 50% in Dutch equity and index options.

Willem Meijer, CEO of TOM: “Besides the lower exchange fees, it has become even more attractive for clients of Interactive Brokers, Lynx and Today’s Groep to trade options on TOM MTF. A client can save up to 37 euro per month when switching to TOM MTF market data. This step will contribute to the ambition of TOM to grow its market share to over 50% in Dutch options by the end of this year.”