Support Board
Date/Time: Sat, 23 Nov 2024 21:05:16 +0000
Post From: *Important* Priority Message to Transact Users
| [2022-02-02 14:29:21] |
| Stage 5 Trading Corp. - Posts: 31 |
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Profile Trader, If you have an account using Teton then you will be able to certify as a Non Professional for your real time data fees as long as the below applies Based on the Subscriber’s qualifications, Subscribers may be charged reduced Fees for Information. To qualify for the reduction in Subscriber Fees, Subscriber must be considered a “Non-Professional.” Non-Professional shall mean and include either (i) an individual, natural person Subscriber(s) who, or (ii) certain small business entities (limited liability companies, partnerships, trusts or corporations) that, receive and use Information (excluding any pit traded data), in each case subject to the following restrictions: The Non-Professional Subscriber (a) the Subscriber must have an active futures trading account; (b) the Subscriber must not be a member (or hold or lease any type membership) of any exchange; (c) the Subscriber does not have a primary business purpose that involves trading; (d) the Subscriber must not be registered or qualified as a professional trader or investment adviser with any stock, commodities or futures exchange or contract market, or with any regulatory authority, professional association or recognized professional body; and (e) the Subscriber must not be affiliated with any entity that is or may be considered a Professional User; and The Non-Professional Subscriber’s Use of Information (f) the Subscriber’s use of Information must be solely for the Subscriber’s personal, non-business use; (g) the Subscriber’s use of Information must be limited to managing the Subscriber’s own property and, for the avoidance of doubt, not in connection with the management of any property of any third party(ies) in any capacity, whether as a principal, officer, partner, employee or agent of any business or on behalf of any other individual, and whether or not the Subscriber receives any remuneration therefor; and (h) the Subscriber must not be acting on behalf of an institution that engages in brokerage, banking, investment, or financial activities; and The Non-Professional Subscriber’s Access to Information (i) the Subscriber has no more than two (2) means for accessing Information from each Distributor; and (j) the Subscriber must view the Information only on a device that is capable of routing orders to the CME Globex Platform (an “Order Routing Device”). Any Subscriber who does not meet the qualifications of a Non-Professional or falls under the categories described below shall be considered a Professional. Notwithstanding anything else herein, Professionals shall include, without limitation: - Any person or entity that provides financial or similar services to any third party. - Any person that is registered or qualified as a professional trader or investment adviser with any stock, commodities or futures exchange or contract market, or with any regulatory authority, professional association or recognized professional body. - Any person or entity that acts on behalf of an institution that engages in brokerage, banking, investment or financial activities. - Any person or employee of an entity that holds any form of membership at any of the CME Group Designated Contract Markets (“DCM”) or any other exchange. Notwithstanding anything herein, CME reserves the right in all cases to make a final determination as to whether a Subscriber is a Non Professional or a Professional. CME reserves the right to amend this policy or terminate reduced for fees for Non-Professionals at any time. Subscribers who qualify as Non-Professionals should sign below and return this Self-Certification form to Distributor. Please note that this form may be subject to Distributor’s review and approval. Subscriber must notify Distributor as soon as is reasonably practicable in the event that Subscriber no longer qualifies as a Non- Professional. I hope that helps. Please let us know if we can assist with anything further. Thank you! Anthony Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results. |