Market Data, Fundamentals and News
Customers can subscribe to paid, real-time market data on exchanges around the world through Account Management. In addition, Interactive Brokers provides free delayed data as available, for any product listed on an exchange to which you do not subscribe. Delayed market data is managed in Trader Workstation (TWS), and ticker lines that use delayed data are highlighted in yellow for emphasis. For details on managing delayed market data, see the TWS Users' Guide.
We also provide real-time fundamentals and news via subscription-activated Reuters Worldwide Fundamentals and Reuters News Feed, along with various free RSS news feeds, all of which are seamlessly integrated into the TWS trading application.
To view, add, or delete Market Data and Reuters Fundamentals and News subscriptions, sign into Account Management and go to Trading Access then Market Data Subscriptions. Fees are based on exchange or Reuters assessments and are applied on a per-user basis. Market data subscriptions provide data only; to trade you must elect the proper Trading Permissions in order to receive all the proper regulatory disclosures. There is no requirement to subscribe to market data in order to trade and customers are free to receive market data from another IB account or data vendor, or to use only delayed market data.
Many exchanges classify customers as non-professional or professional. Exchange rules require that trusts and organizations (e.g. corporations, partnerships, LLCs and unincorporated businesses) must be classified as professional. NYSE and Amex Professional Market Data require prior approval from the exchange. Click here for more information.
- Market data fees for each month will be charged to your account during the first week of the subsequent month.
- Customers without enough cash to pay market data fees will have positions liquidated to cover the fees. Those customers without enough equity to pay market data fees will have their remaining equity applied to the market data fees, and then the account will be closed.
- Partial month subscriptions will be charged at the full month's rate.
- There is no cap on the quantity of market data lines allocated per customer.
- Market data for Advisors and Brokers is calculated based on aggregate commissions
and equity for all accounts, and all accounts receive the same number of market
data lines.
- Advisors and Brokers without any funds in their master account to cover their market data fees will have their market data turned off until there are funds in the master account to cover market data fees.
- Trading accounts with less than USD 500 (or non-USD equivalent) in equity
will have their market data turned off. In the event market data is turned off, the account equity must be increased to USD 2,000 (or non-USD equivalent) before market data will be re-enabled.
- All customers initially receive 100 concurrent lines of real-time market
data (which can be displayed in TWS or via the API) and always have a minimum
of 100 lines of data. After the first month of trading, the quantity of market
data is allocated using the greater value of:
- USD monthly commissions divided by 8
- USD equity multiplied by 100 divided by $1,000,000 (rounded down to the nearest integer)
- 100
Example 1:
In month two, your account shows the following values:
USD Monthly Commissions: $16
USD Equity: $950,000
Using the calculations above, you would still receive the minimum 100 lines of data, since:
$16/8 = 2
$950,000 x 100 / $1,000,000 = 95
Example 2:
In month three, your account shows the following values:
USD Monthly Commissions: $500
USD Equity: $1,245,000
Using the calculations above, you would receive 124 lines of data, since:
$500/8 = 62.5
$1,245,000 x 100 / $1,000,000 = 124.5, rounded down to 124.
- The number of symbols that can be viewed simultaneously via the TWS deep book windows (including BookTrader, Market Depth and ISW) is now determined as follows: one unique symbol for every 100 allowed lines of market data, with a minimum of three and a maximum of 30. For example, a customer with the default allowance of 100 tickers will be able to simultaneously view three deep book windows. A customer who, based on commissions, equity or other criteria, is allowed 500 tickers will be able to simultaneously view five deep book windows. Note that this number may change month to month if the number of allowed tickers for your account changes.
To subscribe to Reuters Worldwide Fundamentals, log into Account Management and from the Trading Access menu select Market Data Subscriptions.
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Non-Pro Fees/month
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Pro Fees/month
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| Reuters Worldwide Fundamentals | USD 5.00 | USD 40.00 | |
| Wall Street Horizon Events Calendars | USD 1.50 | USD 20.00 | |
To subscribe to Reuters News Feed, log into Account Management and from the Trading Access menu select Market Data Subscriptions.
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Non-Pro Fees/month
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Pro Fees/month
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| Reuters News Feed | USD 2.00(1) | USD 65.00 | |
- 1Free to clients who generate more than USD 30 in commissions per month.