*Market information fees are composed of License Fee and Usage Classification Fee as follows.
The license fee is determined according to the type of line. Applicants can establish a direct connection to the Market Information System and obtain the data directly from the TSE (direct use). Alternatively, they can acquire the data from other subscribers to the Market Information Systems (indirect use). License fees for real-time data received by indirect users is the same as for the direct user supplying the data.
| (Unit:Yen) |
| Real Time Data (direct/indirect use) | Delayed Data *1 (indirect use) | End of Session Data*2 (indirectuse) | ||||
|---|---|---|---|---|---|---|
| 1.5Mbps digital | 64Kbps digital | 9.6Kbps analog |
4.8Kbps digital |
|||
| General Trading Participant | 650,000 | 550,000 | 450,000 | 230,000 | 120,000 | 70,000 |
| Non-Trading Participant | 1,150,000 | 1,000,000 | 800,000 | 320,000 | 170,000 | 120,000 |
| *1 | Delayed data must be delayed by at least 20 minutes from the origination of the data. |
| *2 | End of session data includes open/high/low/close prices, and statistical information such as trading volume. End of session data will be published at least 20 minutes after the close of each market session. |
(1) In-house operation fee
An in-house operation fee is charged to brokers and other organizations,
which use real time data for in-house operations (support for dealing
activities, position/risk control, etc). The in-house operation
fee is charged, based on the number of terminals displaying real
time data within that organization.
|
Number of terminals
|
In-house operation fee
|
|
~ 300
|
license fee x 40%
|
|
301 ~ 600
|
license fee x 60%
|
|
601 ~ 1200
|
license fee x 80%
|
|
1201 ~ 2400
|
license fee x 100%
|
|
2401 ~
|
license fee x 120%
|
(2) External dissemination fee
The external dissemination fee consists
of a basic fee and a terminal fee. For a definition of
"individual", "non-individual" and "reportable
number of terminals", please contact us directly.
The external dissemination basic fee is the same amount as the license fee. However, for subscribers to the 1.5 Mbps, 64 Kbps, or 9.6 Kbps lines not re-distributing quotation information (bid/ask) to end-users, the external dissemination basic fee is reduced by half.
(b) Terminal fee
| Real Time Data | to "non-individual" | 2,000 yen per terminal*1 |
| 1,000 yen per terminal for periodical data*2 | ||
| to "individual" | 110 yen per terminal*1 | |
| Delayed
& End of Session Data (Applicable to "free access service") |
Delayed Data | 100,000 yen(network terminal fee) |
| End of Session Data | 50,000 yen (network terminal fee) |
| *1 | Vendors reporting large number of terminals may receive the large volume discounts outlined below. |
| *2 | For the periodic data service, data is updated at intervals of 15 or more minutes |
Discount for non-individuals
|
No. of Terminals
|
3,001 ~ 5,000
|
5,001 ~ 10,000
|
10,001 ~ 20,000
|
20,001 ~
|
|
Fee
|
1,800 yen
|
1,600 yen
|
1,400 yen
|
1,000 yen
|
Discount for individuals
|
No. of Terminals
|
50,001 ~ 100,000
|
100,001 ~ 200,000
|
200,001 ~
|
|
Fee
|
90 yen
|
70 yen
|
50 yen
|
(3) Market information fee for off-exchange transactions
Electronic Communications Networks (ECNs) or off-exchange market
makers utilizing data from the Market Information Systems for off-exchange
transaction purposes, shall pay the following fees.
| Real Time Data | 1.5 Mbps (digital) |
1,250,000 yen
|
| 64 Kbps (digital) |
1,100,000 yen
|
|
| 9.6 Kbps (analog) |
900,000 yen
|
|
| 4.8 Kbps (digital) |
350,000 yen
|
|
|
Delayed Data
|
350,000 yen
|
|
|
End of Session Data
|
250,000 yen
|
|
(4) Index calculation/product related fees
Subscribers to the Market Information Systems calculating and publishing
their own indices on a real time or delayed basis, or offering tradable
index products (derivatives and ETFs, etc), are subject to the following
fees.
| External Dissemination of Index Fee | 200,000 yen |
| Index Product Trading Fee | 100,000 yen per product |
(5) Previous day's closing price / Special quote fee
Previous day's closing price / Special quote fee is charged to subscribers
utilizing previous day's closing prices / special quotes (including
daily price limits) of stocks and convertible bonds that is provided
through the 1.5 Mbps line for the Market Information Systems. The
amount of Previous day's closing price / Special quote fee is as
follows.
| General Trading Participant | 30,000 yen |
| Non-Trading Participant | 100,000 yen |
*For an example of payment please click "Q & A - Market Data System Fees"
 |
Q & A - Market Data System Fees |
 |
MAINS (MArket INformation System) |
 |
Monthly market information fees |
|
Q & A - Market Data System Fees |
|
MAINS-Mail |
|
Tokyo Market Information |
