The new non-display agreement requires any firm using data in this way to be licensed directly with the exchange as of April 1, 2008, unless they have already signed a broader market data dissemination agreement (MDDA). "This new provision is part of the MDDA, but we also have the standalone agreement only for non-display information usage," says Georg Gross, head of front-office data and analytics at Deutsche Börse.
The exchange originally planned to introduce charges for non-display data us
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails