Non Display definition

Non Display means the use of Data in non-display ‘trading based activities’, including but not limited to: semi-automated or automated order/quote generation; order pegging; price referencing for trading purposes; smart order routing to facilitate trading; order management; execution management; market making; ‘black box’ trading’; algorithmic trading; program trading;
View Source
Non Display means Entitlement, other than for display, of Data delivered in any Application for (if permitted in an applicable Order Form) the purposes of, but not limited to, risk management, instrument pricing, valuations, portfolio management, creation of Derived Data, internal distribution by End Users, and other activities not solely for the purpose of, and directly relating to, executing trades with TPICAP and/or its Affiliates. A Non-Display permission must be expressly set forth in a relevant Order Form, and applicable fees will apply.
View Source
Non Display means the processing, consumption or usage of Real Time Data, delivered via direct and/or Redistributor data feeds, for purposes other than in support of display or distribution of such Real Time Data, as further specified below:
View Source

Examples of Non Display in a sentence

  • Non- Display Licence Fees are charged on a per Information Product basis according to the total number of Devices which have access to Information.

  • For example: Customer “Z” uses Borsa Italiana AFF Level 1 Data in internal Non- Display applications and also redistributes Borsa Italiana AFF Level 2 (20 depth) Data to its external users.

  • The Non-Display Usage Charges will be 50% of the applicable Non-Display Usage Charges for the first 12 months from the Effective Date of the Order, for new Customers who do not have an existing Non-Display Usage licence nor previously had such licence nor paid Non- Display Usage Charges for any such usage.

  • BME Market Data reserves the right to determine whether a proposed usage of the Licensed Data qualifies as Non- Display Use for Trading Applications.

  • In the case of such partial termination of the Non-Display Agreement by Deutsche Börse AG, the Customer shall in turn be entitled to terminate the entire Non- Display Agreement with 30 days’ notice, effective at the time at which the partial termination by Deutsche Börse AG in accordance with the first sentence of this section becomes effective.

  • The specific Non- Display Usage permitted to the Contracting Party is defined in this Data Distribution Agreement of BME Market Data and may be modified from time to time.

  • Non-Display Data Usage in If the Customer in relation with its CFD Data Usage is also The Customer has to inform Deutsche connection with CFD Data subject to the Non-Display Data Usage licence, e.g. for the Börse AG of a respective Non-Display Data Usage internal risk management of its CFD business, this Non- Display Internal Usage is covered by the CFD Data Licence Fees.

  • Lump sum 360T® Information for Internal Usage (includes Non- Display Data Usage) Lump Sum KAIKO® Information for Internal Usage (includes Non- Display Data Usage) The monthly lump sum (in €) applies for Internal Usage including unlimited number of entitled Access IDs and/or Non-Display Data Usage for trading based activities and Other Application Usage and is available on request.

  • This includes, but is not limited to, for the purposes of an End User, Non Display Usage, and Original Created Works.

  • It does not include the execution of Non- Display Data Usage by the Customer as a vicarious agent (Erfüllungsgehilfe) on behalf of a third party.


More Definitions of Non Display

Non Display usage: usage of Real Time Market Data for electronic trading purposes, for example within systems that automatically, or semi-automatically, generate orders, alerts or trading signals without the display of the original real-time or delayed information. Non-Professional User: any person that receives Market Data and that does not fall in the definition of Professional User.
View Source
Non Display. Means the use of Data in non-display ‘trading based activities’, including but not limited to: semi- automated or automated order/quote generation; order pegging; price referencing for trading purposes; smart order routing to facilitate trading; order management; execution management; market making; ‘black box’ trading’; algorithmic trading; program trading.
View Source