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Market Data and Connectivity

IEX Exchange provides the ability for our broker-dealer Members to connect and send orders to the exchange directly. Additionally, we offer our proprietary data feeds directly and via third-party market data providers.

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 with its Primary Data Center for $4000 per month (which includes a free connection to IEX’s Disaster Recovery Center and IEX’s Testing Facility), and charges $250 per month for each extra port after a user’s first five ports.

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Market Data and Connectivity

Market Data

Market data is a critical product provided to market participants that allows them to understand the orders on the IEX Exchange book and trades executed. IEX Exchange’s proprietary market data feeds are designed to provide transparency and enable a high level of performance without leaking information.