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Coming soon. The partner-facing Billing view is being finalized and will ship in a future release. This page will document it in full once it is available.

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What billing depends on

In the meantime, it helps to understand what makes a user billable: billing follows the market data. A user is billable whenever they hold an Authorized market-data - access to an exchange’s live data feed (CBOT, CME, COMEX or NYMEX for futures, Nasdaq for stocks). An entitlement has three states, and only Authorized bills: Revoked and Pending do not. Having that data access is what makes a user billable, so billing does not depend on the rest of their state:
  • An active trading account is not required - a user with data access is billable with or without one.
  • A disabled user still bills. Disabling a user does not remove their entitlement, so as long as they still have data access they keep being billed. Revoke the entitlement (remove data access) to stop billing.

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What you are charged for

Charging is per user, per exchange - not once per user. A futures trader authorized on CME, CBOT, COMEX and NYMEX counts as four, not one.
A Non-Pro trader on L1 does generate a charge. “Included at no professional fee” means no professional fee - the L1 data itself is still billable. Non-Pro is cheaper than Pro because it is L1 only, not because it is free.
Your firm is billed monthly, based on how many users held each entitlement over the period.
Billing is by whole calendar month, and it is not prorated. If a user held a market-data entitlement at any point in a month - even for a single day - they are billed for that entire month.So revoking an entitlement stops the charge from the next month, not from the moment you revoke. Revoking on the 3rd saves nothing that month. If you are managing cost, the decision that matters is whether a user is authorized at all during a month, not how many days they hold it.
Who the exchanges deal with. Tickblaze holds the relationship with the exchanges - CME and Nasdaq among them - and pays them each month. Your firm does not deal with the exchanges directly for this data; you settle with Tickblaze, and Tickblaze settles with them. What you charge your own traders for market data is yours to set - see Pro / Non-Pro.
Order revenue shown on the Edit user popup is a customer-value figure for firms using their own payment provider; it is not a Tickblaze billing field.