would this be good for PQT:
WASHINGTON, March 25 /PRNewswire/ -- The National Association of Securities Dealers,
Inc. (NASD®), today announced that its Board has approved a one year pilot program that will
reduce fees for real-time market data utilized by individual investors.
Individual investors have entered the market dramatically in recent years, due largely to growing
popularity of the Internet and on-line trading.
''We have consistently supported the broadest dissemination of information to individual
investors,'' said Alfred R. Berkeley, III, President of The Nasdaq Stock Market, Inc. ''Reducing
fees for real time quotes and trade reports demonstrates our commitment clearly and
unequivocally. These price reductions should benefit individual investors directly.''
Under the program, the per-query fee -- which Nasdaq charges for a single piece of market data
-- will be reduced by 50 percent, from $.01 to $.005 per quote. The non-professional user fee --
a charge subscriber services often impose for unlimited access -- will also be cut in half, from $4
to $2 per month.
The NASD is the largest securities-industry, self-regulatory organization in the United States and
parent organization of NASD Regulation, Inc., and The Nasdaq-Amex Market Group, Inc.
Through its regulatory subsidiary, the NASD develops rules and regulations, provides a dispute
resolution forum, and conducts regulatory reviews of member activities for the protection and
benefit of investors. Through The Nasdaq-Amex Market Group(SM), the NASD operates The
Nasdaq Stock Market® and the American Stock Exchange (Amex®). The NASD oversees the
nation's 5,600 brokerage firms and more than half a million registered brokers. Consumers can
contact the NASD to obtain the disciplinary and work histories, as well as other selected
background information, of member firms and individual brokers or to get information on how to
lodge a complaint.
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