Friday 28 February 2020

BHB adopts distribution license fees for data vendors

MANAMA, March 16, 2016

The Bahrain Bourse has approved the data distribution fees for licensed data vendors, effective from April 3.
Shaikh Khalifa bin Ebrahim Al-Khalifa, chief executive officer, said the resolution includes a list of the fees for obtaining BHB’s licenses to receive the bourse’s data, in which the fees mainly depend on the type of license given by BHB, as well as the timing of receiving the data (real-time or delayed), and the purpose of receiving the data, whether it’s going to be used for business or private use subscribers.
The data offered by BHB includes but not limited to real-time data, delayed data, corporate actions, historic data and access to end-of-day database, and issuers’ data including data of BHB’s members, market makers, and custodians.
The list of fees also includes the fees of the bourse for the connection between the data vendors and BHB’s primary data center, and the connection to BHB’s disaster recovery center in order to ensure that the companies receive the data without any interruption.
In order to receive BHB’s data, interested vendors should sign an agreement with BHB that stipulates all the legal, administrative, and technical aspects to maintain the rights of both parties. 
According to the agreement, individual investors will be able to receive share prices instantly from data vendors that sign with BHB. - TradeArabia News Service

Tags: Bahrain | data | Distribution | fees | bourse |

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