Equiduct Product Licence AgreementEquiduct Product Licence Agreement • September 29th, 2023
Contract Type FiledSeptember 29th, 2023Börse Berlin AG whose registered office is at Kurfürstendamm 129D, 10711 Berlin, Germany Licensee (Company name and Registered office)
Equiduct Product Licence AgreementEquiduct Product Licence Agreement • October 12th, 2022
Contract Type FiledOctober 12th, 2022VBBO is a real-time data feed providing, for any security traded in Equiduct’s Apex and Zenith trading services, the Volume Weighted Best Bid and Offer for: Retail Market Size (RMS) (~7,500€), Standard Market Size (SMS, where defined by ESMA), Max Apex Size (PEX) and Max Zenith Size (SVB). The VBBO is calculated on the basis of a virtual order book formed from consolidated visible order book depth from relevant markets. The VBBO data product provides pre-trade transparency for the Apex and Zenith services.
Equiduct Product Licence AgreementEquiduct Product Licence Agreement • September 29th, 2023
Contract Type FiledSeptember 29th, 2023VBBO is a real-time data feed providing, for any security traded in Equiduct’s Apex and Zenith trading services, the Volume Weighted Best Bid and Offer for: Retail Market Size (RMS) (~7,500€), Standard Market Size (SMS, where defined by ESMA), Max Apex Size (PEX) and Max Zenith Size (SVB). The VBBO is calculated on the basis of a virtual order book formed from consolidated visible order book depth from relevant markets. The VBBO data product provides pre-trade transparency for the Apex and Zenith services.