Examples of NEO Exchange in a sentence
This document provides information about all fees applicable to subscribing to and/or distributing market data from NEO Exchange.
For any details around usage and reporting requirements please refer to the NEO Exchange Data Instructions (“Data Instructions”).
In this case, the onus will be on the Data Recipient to notify the NEO Exchange of any change in usage.
These fees apply to the legal entity that has signed the Data Agreement and its named Affiliates, and does not include connectivity fees (which are governed by the NEO Exchange connectivity services agreement).
Note that NEO Exchange offers a MISU (Multiple Installation Single User) approach, allowing Data to be displayed on multiple devices for the same individual user, within a legal entity, without incurring additional fees.2 1 In addition to such fees, the Data Recipient must also pay interest on any amounts owed and not received within such thirty (30) day period at a rate equal to the Royal Bank of Canada’s annual prime rate plus 3% calculated on a daily basis.
Distribution fees apply to any Data Recipient that wishes to re-distribute the Data received from NEO Exchange to Affiliates or other external parties.
Fees apply per feed source and location, and the total fee will be determined by the number of unique locations being reported to the NEO Exchange by data distributors for delivery of NEO data to the Data Recipient and its Affiliates.
Display fees apply when real-time NEO Exchange Data is used in a display on a device (e.g. a data display application, a trading application, etc.) by an individual user.
The NEO Exchange charges a monthly access fee per physical location6 receiving real-time NEO Data indirectly via a distributor in normalized feed format.
Fees apply per feed source and location, and the total fee will be determined by the number of unique locations being reported to the NEO Exchange by data distributors for delivery of NEO Data to the Data Recipient and its Affiliates.