Search:
   

Friday, October 18, 2024

Data News #2024 - 11
Nasdaq Updates the Canada Equities Policies

Markets Impacted:

  • Nasdaq Canada

Contact Information:

What you need to know:

• To streamline and facilitate the administration of market data for Nasdaq customers, Nasdaq is removing the requirement to implement a Subscriber Agreement for External Recipients in Canada markets.

• This update applies to all Distributors and does not require recipients of Market Data to sign a new Canada Data Agreement (“CDA”).

Why is Nasdaq making this change?

Nasdaq is making this change to align its Nasdaq Canada Data Policies with that of its US Equities and Options Policies. Nasdaq has eliminated the requirement for Distributors of market data to enter into a Subscriber Agreement with External Recipients, and as such has moved the Non-Professional Qualification Guidance previously contained in the Subscriber Agreement to Nasdaq Canada Data Policies. Reporting and tracking requirements for Professionals and Non-Professionals will remain unchanged.

Does my firm need to sign a new agreement?

No. Distributors are not required to execute the new version of the Canadian Data Agreement if a previous version has been executed.

Are there any policy updates related to these changes?

Yes. The current Professional and Non-Professional definitions can be found in the Nasdaq Canada Data Policies. There are no material differences between the definitions added to the data policy document and those previously contained in the Subscriber Agreement and are being moved solely because Nasdaq will no longer utilize a Subscriber Agreement for Canadian data.

Who should I contact for additional information?

Please refer to the Data Policies and Administration page and contact Investment Intelligence if you have further questions.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile