Effective today, TOM will give free access to their real-time derivatives market data to clients of Interactive Brokers and the Dutch brokers working with IB’s platform (Lynx, Todays, Traders Only). Other brokers already offered the data for free. According to the press release, investors can save as much as €37 per month. Nice – but it’s not entirely true.
Some newspapers are happy broadcasting press releases, no questions asked (nl). In reality, nobody ever paid for TOM’s market data. It came for free with Euronext’s data.