Common use of Customer Categories and Unit Clause in Contracts

Customer Categories and Unit. of-Count Devices The following description provides further details of the Customer Categories and respective counting of Devices applicable for the Non-Display Data Licence Fees. Trading based activities Examples of ‘trading based activities’ include semi-automated or automated order/quote generation, order pegging, price referencing for trading purposes, smart order routing to facilitate trading, order management, execution management, market making, ‘black box’ trading, algorithmic trading, program trading and the operation of trading platforms as well as quoting and trading of financial derivatives (including but not limited to futures, options, warrants and certificates linked to the respective underlying market data). The following Customer Categories are relevant for trading based activities: