Guidelines and Policies
On 1 January 2022, the following changes to the non-display licences will come into effect:
Introduction of Unit-of-Count „Device“ for Non-Display Trading Based Activities
The introduction of a unit-of-count "Devices" with four new price levels "Entry", "Medium", "Plus" and "Unlimited" enables diversification according to the usage scope.
A Device is any terminal, application, platform and/or other system or device capable of accessing, receiving, processing, displaying and/or otherwise using the Information. Each set of Log-In-Credentials (e. g. Access-ID) that entitles a Device access to the Information, is regarded as one Device. If a Device has the ability to access the Information multiple times simultaneously, each instance should be counted as a Device.
The number of devices determines the classification in the respective usage category:
- Entry: 1-5 Devices
- Medium: 6-10 Devices
- Plus: 11-29 Devices
- Unlimited: From 30 Devices onwards
For classification into the correct category, please make a selection in MD+S interactive that corresponds to your usage scope.
Introduction of Non-Display Enterprise License
This new licence enables full Non-Display use across all client categories (trading platform, proprietary and third-party trading, index calculation and use in other applications). The access is unlimited, i.e. any number of devices.
Market Data and Non-Display Guidelines
This page provides contractual documents relating to the Market Data Dissemination Agreement: > https://www.mds.deutsche-boerse.com/mds-en/real-time-data/agreements