New York, June 30, 2014 – BGC Market Data has published its updated market data usage policies on the BGC Market Data website, highlighting licensing requirements and restrictions around Application Usage, Redistribution and User Counting and Reporting.
Thomson Reuters has also posted notification of Confirmation of Usage Rights for Private Restricted Data Sets in the Q2 2014 Quarterly Notifications found on the Thomson Reuters Customer Zone.
BGC MARKET DATA
Data Usage Policies
Please be aware that the entitlement and use of BGC Market Data (BGCMD) in any non-display applications/products is subject to separate licensing from BGC Market Data L.P, including downloading, storage, forwarding and the creation of derived data. This policy applies to all BGC Partners sourced real-time, intra-day, delayed, snap-shot or historical data (including any trial periods), and includes all “Public”, “Private” and “Specialist” data sets distributed by our Vendor partners.
Any data sourced from BGC Partners platforms, APIs and websites that is not used to support direct trade activities with BGC Partners is also subject to market data usage licensing and data fees.
BGC Partners-sourced market data may not be redistributed outside of the licensee’s legal organization without a BGCMD Redistribution Agreement.
The entitlement, use and redistribution of BGCMD for Investable or Trade-able Asset creation or within Execution Venues is not permitted.
Permissioned User Counting and Reporting
All permissioned users (including all downstream entitled users) are subject to Market Data access fees including IT/Technical access, Monitoring, Test/Development, Back-up/DR, and Administrative usage as well as all multiple instance situations.