All HKEx information vendors/ distributors are required to obtain our prior approval before they could receive and redistribute HKEx data. Applicants should submit the following information and satisfy the basic business requirements as mentioned below before their application would be considered:
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1. |
Submission of Form A (to be accompanied by a duly completed service application form) |
Applicants are required to submit duly completed application forms including:
- Vendor Application Form (Form A), and
ii. Vendor Service Application
(A letter {or "Letter A"} will be issued to the applicant to acknowledge the receipt of the submission of the application forms.)
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2. |
Documents to be submitted together with the Application Form: |
The following documents/information are required for licence application:
- Core business and company profile;
- Certificate of incorporation and business registration. (For Applicant who plans to redistribute information in the Mainland China, please make sure you have obtained proper Licences and complied with relevant regulation requirements in the Mainland China.)
- An Applicant who is not a Participant of the Stock Exchange of Hong Kong, the Hong Kong Futures Exchange, the Hong Kong Securities Clearing Company, the HKFE Clearing Corporation or the SEHK Options Clearing House (collectively hereinafter referred to as "HKEx EP/CP") must have a paid-up capital (fully paid in cash) of no less than HK$ 7,500,000. The minimum paid-up capital requirement for an Applicant who is a HKEx EP/CP is $5 million. Capital in share premium is not acceptable.
- Organization structure - chart showing member companies associated with the Applicant with annotation on: (1) percentage of shareholding and (2) if any of the member or affiliate companies are an Exchange Participant of HKEx. Please also provide the respective trading right IDs.
- Latest certified financial statement or annual report of the Applicant. If the Applicant is financially supported mainly by its holding company, please also provide the financial report of the holding company.
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Payment of deposit |
After the Form A is considered duly completed and before it is submitted to the senior management for consideration for approval, the applicant is required to pay the applicable minimum deposit. Upon receipt of the deposit, a confirmation letter (or "Letter B") will be issued to the applicant to signify that the application is ready for submission to the senior management for consideration.
The minimum deposit requirement for real-time vendor is HK$200,000 for MDF/OG and HK$100,000 for PRS/OAPI. There is no minimum deposit requirement for fixed fee services including IIS and Delayed Data Licences.
The minimum deposit will be fully refunded (without interest) to the applicant if its licence application is rejected. However, if the applicant itself decided to withdraw its application after the issuance of Letter B, an application processing fee of $50,000 will be deducted from its deposit and the balance will be refunded (without interest) to the applicant.
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If you would like to obtain a copy of the Vendor Application Form (Form A) and Vendor Service Application Form and apply for the vendor licence, please send brief description of your planned service and contact details by email to: marketdata@hkex.com.hk |