API Connection definition
Examples of API Connection in a sentence
You acknowledge that you will be both responsible and liable for any errors in your communications to us via the API Connection or failure to communicate with us via the API Connection.
Accordingly, you will abide by any “throttles” or restrictions and limitations that we may reasonably notify you of from time to time in relation to your ability to obtain from us, or send to us, information or instructions via the API Connection.
With the exception of those connecting to the Exchange via API Connection pursuant to a Market Maker Agreement, Direct Trading Members connecting via API incur a FIX connection fee of $500 for Market Data Only, and $500 each for Order Entry and Market Data ($1,000 total).
We will have no liability to you, whether in contract or in tort, including gross negligence, in the event that any Data provided to you via the API Connection is incorrect, interrupted, delayed, unavailable or corrupted.
We may grant you the right to receive Data from us via the API Connection.
Where we grant you the ability and right to enter into Transactions, to deal with us or to receive Data through the API Connection, we hereby grant you, for the term of this Agreement, a personal, limited, non-exclusive, revocable (upon notice), non-transferable and non-sublicensable license to use the API Connection solely for the Permitted Purpose pursuant to and in strict accordance with this Agreement (the “License”).
You agree that you shall only be allowed to use Data and the API Connection for the Permitted Purpose.
You will promptly notify us if you become aware of any infringement of any intellectual property rights in the API Connection, the Data and any information obtained via the API Connection and will fully cooperate with us, in any legal action taken by us to enforce our intellectual property rights.
Any amended agreement will supersede any previous agreement between us on the same subject matter and will govern your use of the API Connection from the date on which the new edition comes into effect.
If you do object to any amendment(s), the amendment(s) will not be binding on you, but your access to the API Connection may be terminated at our sole discretion at the end of such 10 business day period.