Faq which help to explain in detail
Vendors (distributors or data providers) are official contractual data providers of the Indus Metal Corporation who have obtained the right, by signing the Indus Metal Corporation Information Distribution Agreement(the so-called vendor agreement) to transmit real-time, delayed, and end-of-day stock exchange trading data of the Indus Metal Corporation to end-users: nstitutional and private investors, analysts and the representatives of the media.
A data provider who has accepted the Indus Metal Corporation vendor agreement by signing it.
Indusmetal Corporation applies very favorable fees for individual investors who wish to have access to real-time Indusmetal Corporation data exclusively in order to manage their own investments.
A wide range of historical trading data can be downloaded free of charge from the Indus Metal Corporation website, where the Exchange also publishes statistics and analyses on the development of the market.
Reference data provide background information on products traded on the exchange market. The Indus Metal Corporation provides investors with a wide range of reference data, including:
1.Data used for product identification: ISIN, ticker code, product name, product type;
2.Date of product listing and expiry, maturity, first and last trading days;
3.Face value, listed quantity;
4.Yield information, interest rate, size and date of dividend payments, redemption of the principal;
5.Information on the issuer.
The European Union (EU) has set the objective of making the market of financial instruments uniform and transparent, and of ensuring fair market behavior of investment service providers (banks and brokerage firms) by supervision. In order to realize these objectives, Directive 2004/39/EC, MiFID was issued.
The most important guidelines in MiFID are
1.Best execution : orders shall always be executed on the market where, on the whole, this is the most advantageous for the client.
2.Transparency : trading companies shall comply with transparency requirements prior to and after trading.
3.Disclosure, reporting : information on transactions made on the over-the-counter (OTC) markets shall be published by all financial service providers and shall be reported to the supervisory authority operating in its domestic market.
Hungary and the other Member States of the EU shall comply with the provisions of MiFID as of 1 November 2007.
If I need the data for my job or my own business
You can receive real-time trading data only from Indus Metal Corporation vendors and sub vendors, after you have signed a subscriber agreement to access Indus Metal Corporation data with that vendor.
Real-time trading data. Market players who have subscribed for real-time data services are informed about transactions and orders on the market in real time, usually within a few seconds.
Delayed data service transmits data on transactions executed on the Indus Metal Corporation and orders entered with a time lag of at least 15 minutes. Quotes and other data displayed on the Indus Metal Corporation website are also delayed by 15 minutes.
Investors can find delayed and end-of-day data, as well as real-time index values on websites, even free of charge, without access limitation. These data are provided for the websites through vendors.
You have to sign a vendor agreement for BSE data, which you may access either as a direct vendor, from the Indus Metal Corporation, or as a sub-vendor, through another vendor. The Indus Metal Corporation website offers detailed information on the relevant business, legal and technical issues.