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IEX Launches Revenue-Sharing Programme for Market Data Vendors

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IEX has launched a vendor partnership programme offering revenue-sharing incentives to firms that help distribute its direct US equities market data. Under the programme, participating market data, connectivity, infrastructure and application providers will be eligible for incentives linked to qualifying new client subscriptions to IEX data products. Eligible feeds include IEX TOPS, IEX DEEP and IEX DEEP+.

The initiative is designed to encourage vendors to support direct IEX feeds by providing more attractive and predictable commercial incentives, while making its data easier for market participants to discover, access and integrate.

IEX accounted for approximately 4% of overall US equity trading volume and nearly 8% of exchange-traded volume during the second quarter of 2026.

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