Market Transparency Requirements for Information Vendors 

Applicable to Market Data Vendor Licence Agreement (Single Licence) 

The following requirements apply to information vendors (IVs) that provide real-time and/or delayed market data services to subscribers:


IVs are required to indicate clearly in their product/service brochures if their information services are real-time or delayed.


Where applicable, IVs are required to set out the minimum line bandwidth requirements, technical requirements and/or the preferred models of end-user devices for their information services and make such information available to their customers.

( Please note that all approved securities market data, derivatives market data and issuer information services provided by the IVs and their key attributes are published on HKEX website under “Products & Services > Data Products >Licence > Information Vendors List for public reference.)