With Luminor Trade all equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe to the individual exchange. A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from the particular exchange.
An Online Subscription Tool is available in the trading platform. In the tool, you will find a list of available exchanges and news services alongside the applicable monthly fees.
Level 1 or Level 2?
Level 1 price data refers to the first level of the order book on the exchange. With a Level 1 subscription you can see live, streaming, bid and offer prices.
With a Level 2 price data subscription you can see live, streaming prices as with Level 1 but on top of this you can see the market depth of bid/offer prices and the amounts available at each price point.
Note on NASDAQ OMX
Prices are not provided. Only subscribed users will be able to see prices.
For clients who trade equities and subscribe to real time market data, Luminor Trade has a refund scheme where fees are refunded per exchange should clients trade a minimum of four (4) times across both stocks, ETFs and/or CFDs during each calendar month.
Refunds are only applicable for non-professional clients subscribing to level 1 data. The definition of non-professional and professional subscribers may vary by exchange. Refunds are calculated on a monthly basis but paid out on a quarterly basis.
|Exchange||Level 1||Level 2|
|NASDAQ||USD 1||USD 22||Level 1 only|
|New York Stock Exchange (NYSE)||USD 1||USD 45*||Level 1 only|
|NYSE (AMEX and ARCA)||USD 1||USD 23||Level 1 only|
|BATS||Free||GBP 22||Free||GBP 50|
|Euronext (PAR, BRU, LISB and AMS)**||EUR 1||EUR 63||EUR 1||EUR 94|
|Deutsche Börse (XETRA) (FSE)||Real time prices are not available|
|NASDAQ OMX Exchanges (CSE, SSE and HSE)**||EUR 1||EUR 29||EUR 5||EUR 56|
|Warsaw Stock Exchange||PLN 12||PLN 174||PLN 158||PLN 198|
|Hong Kong Exchanges (HKEX)||HKD 120||HKD 120||HKD 200||HKD 200|
* The Price for New York Stock Exchange (NYSE) varies with the number of devices/users a client subscribes to. Example one user under corporate client must pay USD 45,00. Two users under a corporate client must pay 2 X USD 30,00/month.
* *Denotes multiple exchanges covered by a single agreement.