S&P Licensing and Market Data Fees

Beginning January 1, the following changes to S&P Licensing and Market Data Fees will be in effect.

Annual Data Distribution License

The fee schedule will reflect the following fee changes:

Annual Data Distribution License

Current S&P Base

Current S&P Complete

New S&P Base

New S&P Complete

Real-Time

$5,000.00

$5,000.00

$6,000.00

$6,000.00

Delayed

$5,000.00

$5,000.00

$6,000.00

$6,000.00

End-of-Day Data Licensing

Only the End-of-Day data for the then-current day is included in the End-of-Day License. Historical S&P Cash Index End-of-Day data is not included in any license under this agreement. In order to display S&P Cash Indexes End-of-Day data for anything other than the then-current day, internally or externally, distributors must contact:

S&P DJI

Contact Us

Should you have any questions related to this market data update, please contact your dedicated account manager or:

Global Account Management (GAM)

United States
+1 312 634 8395

Europe
+44 (0) 203 379 3856

Asia
+65 6593 5505

Non-Display Licensing

We will be introducing a new non-display policy, which will apply to anyone accessing, processing or consuming S&P Cash Index Data for a purpose other than in support of its display or distribution.

Use of S&P Cash Index Data within automated trading systems will now be part of the Non-Display license. Categories have been established within the Non-Display license as follows:

  • A. Automated Trading Systems (ATS) – systems that use S&P information to trade via automated systems, either for purposes of routing orders to any exchanges
  • C. Internal Non-Display – use of data for systems processing and calculations, such as portfolio management, credit and risk systems and all other forms of non-display use

All subscribers of non-display use must enter into an agreement directly with CME Group for such use, prior to receiving data from their Distributor. For those already under license for S&P Cash Index Data directly with CME Group who are using the data in this capacity, please update your Schedule 2 prior to December 15.

Effective January 1 the following fees will go into effect: 

Monthly Non-Display Fees

Current S&P Base

Current S&P Complete

New S&P Base

New S&P Complete

Category A: Automated Trading Systems: Real-Time

N/A

N/A

$1,150.00

$1,400.000

Category A: Automated Trading Systems: Delayed

N/A

N/A

$575.00

$700.00

Category B: Non-Display Internal Order Processing

N/A

N/A

N/A

N/A

Category C: Non-Display Internal Usage

N/A

N/A

$0.00

$0.00

Other Licenses

The fee schedule will reflect the following fee changes:

Other Annual License Fees

Current S&P Base

Current S&P Complete

New S&P Base

New S&P Complete

Real-Time Mobile Application

$18,000.00

$22,000.00

$19,800.00

$23,700.00

Delayed Mobile Application

$9,000.00

$11,000.00

$9,900.00

$11,850.00

Other Monthly Fees

Current S&P Base

Current S&P Complete

New S&P Base

New S&P Complete

Wallboard: Real-Time

$500.00

$750.00

$750.00

$1,000.00

Wallboard: Delayed

$200.00

$300.00

$375.00

$500.00

Direct Web Site Real-Time

Licenses for Direct Web Site Real-Time will be subject to the following additional restrictions: "Direct Web Site Real-Time must not automatically refresh more often than once every two minutes.”

Web-Hosted Limited Display

Web-Hosted Limited Display pricing will no longer be offered, all Web-hosted sites will incur the same fees. CME Group will migrate existing customers into the Web-hosted site delayed.

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