From: Suzanne Shatto
Sent: January 25, 2017
Subject: rule comments: 34-79863 Jan. 23, 2017 Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Exchange's Data Fees at Rule 7023
Jan. 23, 2017
Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Exchange's Data Fees at Rule 7023
NASDAQ does not see the consequences of their actions. they allow financial participants access to invisible information, they allow advantages to HFT and marketmakers.
and then the # of retail subscribers declines?
perhaps NASDAQ should stop paying maker/taker fees. we don't need all this fake volume that is designed to bamboozle us. exchanges don't need to pay HFT/marketmakers to take our $.
there is nothing so say that the present fees are the right prices, nothing to say the increased fees are the right price.
i think the exchanges should move toward presenting a real market, rather than a fake market.
Suzanne Hamlet Shatto