Common use of General Reporting Requirement Clause in Contracts

General Reporting Requirement. 6.1.1 Redistributors who sub-vend London Stock Exchange or Borsa Italiana Data must seek exchange permission prior to supplying Data to a new Redistributor. As ‘best practice’, where a Redistributor knows another entity is supplying London Stock Exchange or Borsa Italiana Data including Delayed Data without the appropriate authorisation they should inform the Exchanges immediately. This will help ensure there is a level playing field across the industry. 6.1.2 Redistributors supply some End Customers with London Stock Exchange or Borsa Italiana Data via a feed into the End Customer’s computer system or network. In such circumstances, unless entitlement software is provided, the Redistributor cannot directly control or monitor the number of Devices that display chargeable Data. The Redistributor is still, however, responsible for ensuring that end customer usage is accurately declared to the Exchanges in accordance with the policies set out in this Agreement. 6.1.3 Where the Redistributor is supplying Delayed Data and After Midnight Data to one or more End Customers via a feed, the Redistributors must report to the Exchanges the names of the End Customers receiving the feed. To ensure compliance, the Exchanges recommend that Redistributors adopt the procedures detailed in clauses 6.2, 6.3 and 6.4.

General Reporting Requirement. 6.1.1 Redistributors who sub-vend London Stock Exchange or Borsa Italiana Data must seek exchange permission prior to supplying Data to a new Redistributor. As ‘best practice’, where a Redistributor knows another entity is supplying London Stock Exchange or Borsa Italiana Data including Delayed Data without the appropriate authorisation they should inform the Exchanges immediately. This will help ensure there is a level playing field across the industry. 6.1.2 Redistributors supply some End Customers with London Stock Exchange or Borsa Italiana Data via a feed into the End Customer’s computer system or network. In such circumstances, unless entitlement software is provided, the Redistributor cannot directly control or monitor the number of Devices that display chargeable Data. The Redistributor is still, however, responsible for ensuring that end customer usage is accurately declared to the Exchanges in accordance with the policies set out in this Agreement. 6.1.3 Where the Redistributor is supplying With specific regard to Delayed Data and After Midnight Data , the Redistributors must report to the Exchanges the number of Devices entitled. Where the Redistributor is supplying one or more End Customers with Delayed Data and/or After Midnight Data via a feed, the Redistributors must report to the Exchanges the names of the End Customers receiving the feed. To ensure compliance, the Exchanges recommend that Redistributors adopt the procedures detailed in clauses 6.2, 6.3 and 6.4.