Common use of Use of Information for Trading Purposes Clause in Contracts

Use of Information for Trading Purposes. 2.2.1 In this Agreement, access to or use of Information for Trading Purposes shall mean access to, or use of, Information to support trading on any venue of the instruments traded on any NZX venue, except that Information may not be used primarily or entirely to support trading or make markets on any venue other than those operated by NZX, without the prior written permission of NZX. 2.2.2 Subject to any additional terms specified in this Agreement for individual Information Products: (a) Licensee may provide access to Information for Trading Purposes to registered professional traders within Licensee’s Group and to Subscribers; (b) Licensee may use Information for Trading Purposes in Non-Display Applications within Licensee’s Group; and (c) Licensee may not allow Subscribers to use Information supplied by Licensee in any Non-Display Applications, without the prior written permission of NZXwhich shall be subject to a separate agreement between NZX and the Subscriber or the supplier of the Non-Display Applications. , A request for approval must include a duly completed and signed Application for NZX Data Feed by the proposed Subscriber. 2.2.3 Information may not be used in Non-Display Applications to trade or generate prices for any Financial Product other than the instrument to which the Information relates, without the prior written permission of NZX 2.2.4 The extraction, display, use or Distribution of Information for Trading Purposes for any other purpose is prohibited except as expressly permitted in this Agreement or with the prior written permission of NZX. 2.2.5 The Licensee must ensure via effective Operational Controls that all access to and use of Information via Non-Display Applications complies with the provisions of this Agreement and all applicable regulatory and legal requirements. 2.2.6 Licensee agrees to deny access to Information for Trading Purposes to any Subscriber without delay on instruction from any competent regulatory authority or from NZX, where NZX has reasonable grounds to suspect unauthorised access to or use of Information or any other breach of this Agreement by the Subscriber.

Use of Information for Trading Purposes. 2.2.1 In this Agreement, access to or use of Information for Trading Purposes shall mean access to, or use of, Information to support trading on any venue of the instruments traded on any NZX venue, except that Information may not be used primarily or entirely to support trading or make markets on any venue other than those operated by NZX, without the prior written permission of NZX. 2.2.2 Subject to any additional terms specified in this Agreement for individual Information Products: (a) Licensee may provide access to Information for Trading Purposes to registered professional traders within Licensee’s Group and to Subscribers; (b) Licensee may use Information for Trading Purposes in Non-Display Applications within Licensee’s GroupGroup and license Subscribers to access and use Information for Trading Purposes via Licensee’s Non-Display Applications; and (c) Licensee may not allow Subscribers to use Information supplied by Licensee in any Non-Display ApplicationsApplications other than those made available by Licensee, without the prior written permission of NZXwhich NZX, which shall be subject to a separate agreement between NZX and the Subscriber or the supplier of the Non-Display Applications. , A request for approval must include a duly completed and signed Application for NZX Data Feed by the proposed Subscriber. 2.2.3 Information may not be used in Non-Display Applications to trade or generate prices for any Financial Product other than the instrument to which the Information relates, without the prior written permission of NZX 2.2.4 The extraction, display, use or Distribution of Information for Trading Purposes for any other purpose is prohibited except as expressly permitted in this Agreement or with the prior written permission of NZX. 2.2.5 The Licensee must ensure via effective Operational Controls that all access to and use of Information via Non-Display Applications complies with the provisions of this Agreement and all applicable regulatory and legal requirements. 2.2.6 Licensee agrees to deny access to Information for Trading Purposes to any Subscriber without delay on instruction from any competent regulatory authority or from NZX, where NZX has reasonable grounds to suspect unauthorised access to or use of Information or any other breach of this Agreement by the Subscriber.

Use of Information for Trading Purposes. 2.2.1 In this Agreement, access to or use of Information for Trading Purposes shall mean access to, or use of, Information to support trading on any venue of the instruments traded on any NZX venue, except that Information may not be used primarily or entirely to support trading or make markets on any venue other than those operated by NZX, without the prior written permission of NZX. 2.2.2 Subject to any additional terms specified in this Agreement for individual Information Products: (a) Licensee may provide access to Information for Trading Purposes to registered professional traders within Licensee’s Group and to Subscribers; (b) Licensee may use Information for Trading Purposes in Non-Display Applications within Licensee’s GroupGroup and license Subscribers to access and use Information for Trading Purposes via Licensee’s Non-Display Applications; and (c) Licensee may not allow Subscribers to use Information supplied by Licensee in any Non-Display ApplicationsApplications other than those made available by Licensee, without the prior written permission of NZXwhich NZX, which shall be subject to a separate agreement between NZX and the Subscriber or the supplier of the Non-Display Applications. , A request for approval must include a duly completed and signed Application for NZX Data Feed by the proposed Subscriber. 2.2.3 Information may not be used in Non-Display Applications to trade or generate prices for any Financial Product other than the instrument to which the Information relates, without the prior written permission of NZX. 2.2.4 The extraction, display, use or Distribution of Information for Trading Purposes for any other purpose is prohibited except as expressly permitted in this Agreement or with the prior written permission of NZX. 2.2.5 The Licensee must ensure via effective Operational Controls that all access to and use of Information via Non-Display Applications complies with the provisions of this Agreement and all applicable regulatory and legal requirements. 2.2.6 Licensee agrees to deny access to Information for Trading Purposes to any Subscriber without delay on instruction from any competent regulatory authority or from NZX, where NZX has reasonable grounds to suspect unauthorised access to or use of Information or any other breach of this Agreement by the Subscriber.