Applicable to Market Data Vendor Licence Agreement (Single Licence)
An application is deemed to have been formally lodged with HKEX when the applicant formally submitted a Form A3. A letter of acknowledgement (“Letter A3”) of the submission of Form A3 will be issued. Applicant has to provide all information required under Form A3, normally within a period of 1 month from the date of Letter A3. HKEX-IS may grant an extension of no longer than 1 months on the merit of individual cases at the request of the applicants. Otherwise, the application will be considered withdrawn. The submission of the same application or similar application within 3 months from the date of withdrawal will be subject to application fee of HK$1,000.
After the Form A3 is considered duly completed, the application will be presented to the management for approval within 1 week. Updated Schedule 4 - Memorandum of Permitted Purpose (MOPP) of the Market Data Vendor Licence Agreement will be issued to the IV when the application is approved, normally within 2 weeks after the completion of the Form A3.