Below we set out the associated Data Reporting Services Providers (DRSPs) and Market Data Processor (MDP) fees. These are accurate as of the date we last published this page.
The authorisation fee to operate a Data Reporting Service (DRS) is £5,000 for the first application and a discount of 50% for each additional DRS application. The discount applies whether the applications were made at the same time or later. The fee is not refundable, even if your application is unsuccessful.
The DRSP annual supervisory fee is a flat fee of £26,790 for the first DRS, plus a 50% flat fee for each additional DRS for which the DRSP has authorisation.
The associated MDP on-boarding fees applicable to DRSPs are:
- transaction reports £20,000 (ARM)
- transparency calculation data £10,000 (APA)
To check the correct payable fees, please refer to our Fees Manual (FEES) sourcebook, in particular FEES 3.2.7 R and FEES 4 Annex 11R.