Real-time market data recipients are required to enter into a Market Data Agreement with QSE. The attached agreement provides details regarding the: receipt and redistribution of real-time data, and public display of real-time data. Appendix A acts as an order form for those interested in receiving the data.
Non-Display Usage is use of Real Time Information, other than for display or redistribution, for generating orders, executing transactions, trade monitoring, risk management, portfolio analysis, instrument pricing, or similar, in an automated or semi-automated manner using algorithmic, black box or similar applications.
Non Display fees are levied on a per site basis covering the use by any number of automated order generation, algorithmic, black-box or similar applications on that site.
All enquiries should be directed to firstname.lastname@example.org