(for existing end-users who wish to apply other real-time datafeeds under the Market Data End-User Licence Agreement)

Notes:

1. An application is deemed to have been formally lodged with HKEX-IS (China) when the end-user (EU) formally submitted Form E2m and Form E3m.  A letter of acknowledgement (“Letter E2m”) of the submission of Form E2m and Form E3m will be issued. 


2. After the Form E2m and Form E3m are considered duly completed, HKEX-IS (China) will issue a confirmation letter (“Letter F2m”) to the EU.  Upon receipt of Letter F2m, the EU is required to:
   
   
   1. Pay the One-off Connection Fee (applicable to EU that requires direct connection) for the real-time datafeed(s) and send us the remittance notification; and
   
   
   2. Arrange with network carrier or hosting team for line installation respectively (applicable to EU that requires direct connection). Please refer to On-boarding procedure and Checklist for details.
   
   The EU has to provide all information required under Form E2m and Form E3m normally within a period of 2 months from the date of Letter E2m.  HKEX-IS (China) may grant an extension of no longer than 1 month on the merit of individual cases at the request of the EU.  Otherwise, the application will lapse.  Same Datafeed application from such EU will not be considered within 6 months from the lapse date.The application will be presented to the senior management for approval upon receipt of the One-off Connection Fee; result of the application will normally be available in two weeks.


3. The One-Off Connection Fee for new datafeed is non-refundable even if the EU decided to withdraw its application after the payment.


4. A Provisional Approval Letter will be issued and the approval will be conditional upon the EU’s successful completion of the systems’ Readiness/Certification Test.  The Readiness/Certification Test must be completed normally within 2 months from the issuance of the Provisional Approval Letter.  Extension of the Readiness/Certification period may be considered and granted by HKEX-IS (China) on a case by case basis.  Schedule 3 and Schedule 4 MOPP of the Market Data End-User Licence will be issued to the EU upon the completion of its Readiness/Certification Test.


5. Datafeed Commencement Date:  The datafeed commencement date must be within 8 months from the date of Letter E2m.