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Real-time Data

Charging Rules for Information Vendors and Subscribers
(effective 1 September 2002)


Updated: 9 March 2007

Fee Type Amount (HK$)
Securities Market Products:

1.  Standard Fees*/ Licence Fees*/
     Distribution Fees*:
     1.1   Real-time Data
     1.2   Delayed Data only (on a delay
             basis of 15 minutes or more)



Maximum $96,000 per quarter*
$15,000 per quarter (effective 1 Jan 2008)

2.  Monthly Subscriber Fees:
     2.1   Charge Per Device/ User ID
     2.2   Charge Per Quote

     2.3   Charge Per Duration


Maximum $200 per device
Maximum $0.1 per quote. Cap at $250 per subscriber per month
$0.1 per minute
Minimum/ Maximum per Subscriber per month: $50/ $250

3.  Cable TV Broadcast:
     3.1   Standard Fees*
     3.2   Monthly Subscriber Fees

$144,000 per quarter
Maximum $12,000 per 50,000 subscribers per month
4.  Connection/ Port Fees:
     4.1   Port Fees
     4.2   One-off Connection Fee
     4.3   2nd Live Connection Fee


Maximum $12,000 per annum per Exchange Port
$10,000
$70,000 per quarter (two production lines in lieu of the Standard Configuration of one Production Line and one Standby Line)

Derivatives Market Products:
Futures Package (Derivatives products other than Hong Kong Stock Options)
5.  Standard Fees* $11,500 per month*
6.  Monthly Subscriber Fees
     - Without Price Depth


     - With 5 Levels Price Depth

$25 per workstation;
$5 per pager

$75 per device per month
7.  Delayed data - delay for 15 minutes or
     more
$5,000 per month
8.  Backup Fees* $3,000 per month*
Options Package (Hong Kong Stock Options)

9.   Standard Fees* / Licence Fee* /
      Distribution Fees*
      9.1   Real-time Data

      9.2   Delayed Data only (on a delay
              basis of 15 minutes or more)



Maximum $96,000 per quarter*
$8,000 per quarter* (per Marketng Program)
$15,000 per quarter (effective 1 Jan 2008)
(The standard fee for Delayed Data will be waived if the vendor also holds a vendor licence for HKFE package#.)

10.  Monthly Subscriber Fees Maximum $200 per device
Those subscribing for both the Options package and the HKFE package# will receive the Options package for free.

Issuer Information feed Service:
11. Standard Fee
   

$45,000 per quarter*
(Effective Date: 1 June 2007)

12. Port Fees: $24,000 per annum

 

* Charge applicable per standard set of distributor connection service.
# HKFE package means the real-time and delayed market data of the Hong Kong Futures Exchange.


Remark:
Any enquiries may be directly sent to marketdata@hkex.com.hk