Usage & Nonprofessional Reporting
UBR employs a standardized report structure to facilitate the reporting by redistributors of market data usage-based services.

The system allows users to establish different product codes, pricing tiers, or types of access in order to accommodate the reporting rules of each particular market center. This infomation is then distributed this to all market centers with a single process.

In contrast to the VARS subscriber report format (which requires customer name and service activity) usage activity reporting requires only the name of the redistributor and the total number of quote packet inquiries for each market center.

This quantity then serves as the basis for billing or fee calculation by the market center.
Click here to download the usage based reporting overview.