Halifax NYSE Subscriber Agreement: Everything You Need to Know
If you`re a trader looking to invest in the New York Stock Exchange (NYSE), you`ll need to subscribe to a data service provider like Halifax. As part of the subscription process, you`ll be required to sign an agreement that outlines the terms and conditions of the service. In this article, we`ll take a closer look at the Halifax NYSE Subscriber Agreement and what it entails.
What is the Halifax NYSE Subscriber Agreement?
The Halifax NYSE Subscriber Agreement is a legal contract between Halifax and its subscribers. It outlines the terms and conditions for accessing the NYSE`s market data through Halifax`s data service. The agreement covers various aspects, including the permitted usage of the data, the fees charged, and the liability limitations.
Permitted Usage
One of the most crucial aspects of the Halifax NYSE Subscriber Agreement is the permitted usage of the NYSE market data. The agreement stipulates that the data provided should only be used for personal, non-commercial purposes. This means that subscribers are not allowed to use the data for professional or commercial purposes unless they obtain prior written permission from both Halifax and the NYSE.
Fees
The agreement also details the fees charged by Halifax for accessing the NYSE`s market data. Subscribers will typically be required to pay a monthly or annual fee for the service. The fees charged will depend on various factors, such as the volume of data requested, the type of data, and the frequency of access.
Liability Limitations
The Halifax NYSE Subscriber Agreement also outlines the limitations of liability for both Halifax and the NYSE. In the event of any loss or damage caused due to the use of the market data, the liability of both parties will be limited to the amount paid by the subscriber for the service.
Conclusion
In conclusion, the Halifax NYSE Subscriber Agreement is a crucial document that traders need to understand before subscribing to Halifax`s data service. It outlines the permitted usage of the NYSE market data, the fees charged, and the liability limitations. As a subscriber, it`s essential to read and understand the agreement carefully before signing it. This will ensure that you`re aware of your rights and responsibilities as a subscriber and can make informed decisions about your investments.