NSE Earmarks $5,000 Fees on Market Information

DollarBy InvestAdvocate

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Monday said it will charge about $5,000 to Operators who seek to make use of data emanating from the Stock Exchange.

Ade Bajomo, Executive Director (ED), IT and Market Operations disclosed this at a Media Parley to clarify issues on the recent ban on Operators in the Nigerian Capital Market to stop the daily dissemination of Capital Market information to clients and investors.

According to Bajomo, Market Data comes in differently; it depends on what the data is meant to be used.

“For Brokers, if they want to distribute the data, the global standard is $20,000; plus a fee for user, we are saying for $5,000, you can distribute up to ten different reports at no additional costs, and you can distribute it to one million or 20 million people and we think that actually is a very positive move. If you don’t want to pay a penny, you still have a choice, just put the NSE’s link in whatever you are sending out” Bajomo said.

According to the NSE, following the launch of its NSE website, it launched its new data products.

The Exchange said these products come with an added value of i.e. brokers being able to print historical statements of more than one week compared to the previous service.

Also, there are new features like performance tracking over a period of time, VWAP, percentage contributions, 52week high and low etc. “as a result of the launch of the new data products the old products and charges will no longer apply” the NSE said.

Below are the different data services and charges from the NSE’s website:

NSE Equity Level 1: is a product that provides a snap shot of the Equity market and can either be available real time or historical. This data product contains (ISIN Code, Symbol, Security Name, Market, Sector, Traded Volume, Traded Value, Number of Transactions, Nominal Value, Price open, Price High, Price Low, and Current Value) and comes at a cost of N35, 000 for real time / live view of the market and N45, 000 for 1 years’ worth of historical.

NSE Equity Level 2: is a more detailed product of the equity market with added features including the real time and historical display of (VWAP, Date Traded, Upper Circuit Limit, Lower Circuit Limit, Turnover Value, Relative Performance over a period of time, Total Buy Quantity, Total Sell Quantity, Top Volume, Bottom Volume, Total Market Cap, Top Market Cap, Bottom Market Cap, Top & Bottom 5 Trades per Volume & Value, Top & Bottom 5 Sectors per Volume & Value) inclusive of items in level 1. This product comes at a cost of N45, 000 for real time display and N55, 000 for 1 years’ worth of historical.

NSE Trading Floor Level 1: is a product that allows subscribers to view live trades directly on the NSE website. Users simply log into the website and are able to view the trades as they are being executed. Contents in this product include (Symbol, Company Name, Buy – Vol, Buy – Price, Sell – Vol, Sell – Price, Total Vol Traded, Avg. Price, high Price, low Price, Net Change) and comes at a cost of N50, 000 for real time access and N60, 000 for 1 year’ worth of historical.

NSE Trading Floor Level 2: is a more advanced version of level 1 allowing brokers able to print their statements either real time or historical.  Inclusive of level 1 items this product also contain (Symbol, Company Name, Buy – Vol, Buy – Price, Sell – Vol, Sell – Price, Total Vol Traded, Avg. Price, high Price, low Price, Net Change) and comes at a cost of N70, 000.

NSE Performance Management: is a product that provides comprehensive and comparative market information for all traded securities on the Exchange, information contains; (Equity & Bond Total Volume and Value % Changes, Mergers, Acquisitions and Takeovers, No. of days traded YTD, No. of Listed Cos, Movement in stock prices, No. of New Issues, ASI, NSE 30, Sectoral Indices % Change, no. of registered brokers vs Active brokers, Avg. Trading Vol./Val./No. of Transactions, top & bottom 5 sectors per value, volume and Market Cap.) and comes at a cost of N50, 000 for real time access and N65, 000 for 1 years’ worth of historical.

NSE Indices: is a product that provides comprehensive information about all the indices on the NSE market which include ASI, NSE30, Food&Bev, Banking, Insurance, Oil&Gas. The information contained in the product include (Category, Open, High, Low, Close, 52wk Hi, 52wk Lo, Market Cap, % to total Market Cap, Market Cap Contribution, Indices Turnover, % to Total Turnover Relative Performance) and is available at a cost of  N35, 000 for real time access and N50, 000 for 1 years’ worth of historical.

NSE Debt Securities: is a product that gives subscribers comprehensive information about the bonds that are traded and showcased on the NSE market. This product contains (ISIN Code, Bond Symbol, Bond Type, Security Name, Maturity Name, Coupon Rate, Turnover, Par Value, Days Traded, Bid, Offer, Settlement Date, Market Value Traded, Market Volume Traded, Foreign Investment Market Cap, and Number of Transactions) and comes at a cost of N30, 000 real time and N40, 000 for 1 years’ worth of historical.

NSE Corporate Level 1: is a product that allows subscribers view corporate profile information as well as trade information on the securities listed. Contents include (ISIN Code, Symbol, Market, Sector, Security Name, Trading Status, End of Accounting Yr., Free Float, Shares Outstanding, Market cap contribution, Current Val, Nom Val, 52wk Hi, 52wk Lo, Paid up Capital, Authorized Capital, Preference Shares, Date of listing on Exchange, Company Profile, Officers Profile, Auditors Profile, Registrars Profile). This service comes at a cost of N35, 000 for real time and N45, 000 for 1 years’ worth of historical.

NSE Corporate Level 2: is a more informative product increasing accessibility to subscribers by providing the following (All Level 1 Items, Number of New Issues, Historical Results, Div Payment/Adjustment, Default Payment, Bonus History, Submitted Annual reports, Enterprise Val, EPS, EV/EBITDA, Price to Book Value, Div Per Share, Div Yield, Earnings Yield, ROE, Corporate Actions, Changed Names, Delisted Companies, Suspensions, Mergers, Acquisitions and Takeovers, AGMs, Foreign investment Market cap, Director Dealings) inclusive of level 1 and comes at a cost N45, 000 real time and N55, 000 for 1 years’ worth of historical.

NSE Members Level 1: is a product that improves accessibility to subscribers by allowing them view information on the Broker Dealers on the floor that trade securities on behalf of clients i.e. profile information etc. contents of the product include (Company Name, Status, Date of incorporation, Date of Registration, Officers Profile, Trustees Profile, Auditors Profile, Names Broker/Dealers, Company Profile, Issued Share Capital) and comes at a cost of N35, 000 real time and N45, 000 for 1 years’ worth of historical.

NSE Members Level 2: is a more improved version of level one and inclusive of level 1 items contains (Market Capitalisation, Complaints Details, No. of Transactions, Suspension details) and comes at a cost of N45, 000 real time and N55, 000 for 1 years’ worth of historical.

NSE Corporate Actions: is a product that allows subscribers have access to several comprehensive reports that provide corporate actions for all securities listed on the Exchange, these reports include (Company Name, Symbol, Trading status, Sector Classification, End of Accounting Year, Proposed Div, Proposed Bonus, Expiry Date, Record Date, Date Paid of Payable) and comes at a cost of N45, 000 real time and N50, 000 for 1 years’ worth of historical.

NSE Custom Select: is a product that allows subscribers to select and build customized data reports online. Rather than users simply purchasing packages, they could build their own package by purchasing pieces of data required. The cost will be based overall on the number of requests. It comes at a cost of N400 per item and N50 per company and includes a maximum of 10 items and 100 companies.

NSE Historical Prices: is a product that provides  information on adjusted historical prices for one particular security over a period of time, this product contains (Symbol, Company Name, Date, Close Price, Adjusted Close Price, Vol. Traded, Val Traded) and comes at a cost of N30, 000 per year.

NSE Historical: is a product that allows subscribers have access to any data historical over a period of time this product includes (Symbol, Company Name, Date, Total Vol., Total Val, Total no of Transactions, Total Market Cap.) and comes at a cost of N35, 000 per year.

 

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