Fair data usage policy and general terms and conditions

  • Subscribers of data feed are required to sign an undertaking as prescribed by MCX and pay for the data according to prevailing charges.
  • Vendors or distributors must take prior approval of MCX before entering into a data feed selling agreement with redistributors. Redistributors have to pay 75% of the data tariff to MCX. Vendors or distributors will ensure that such redistributors also sign the data feed agreement with MCX. The redistributor will also pay variable tariffs as applicable. Vendors or distributors, however, are free to charge redistributors of any form over and above the exchange fee according to their own policies.
  • On failure to pay the annual subscription charges within the stipulated time, MCX reserves the right to terminate the services immediately.
  • MCX reserves the right to revise or make such changes or amendments to any of the clauses of this data feed policy at any time as it may deem fit and proper and will inform the subscribers about the changes. The subscribers are further required to update their clients or redistributors of the said changes or amendments.
  • For calculating the variable charges or fee of vendors, or distributors, redistributors are required to provide the list of their clients subscribing to the MCX data feed on a quarterly basis. This list should be given to the exchange on or before the 10th of April, July, October, and January for the preceding quarter.
  • All categories of subscribers are required to sign the data feed agreement with the exchange.
  • All redistributors accessing data from authorized vendors are also required to sign the redistributor agreement with MCX.
  • Vendors accessing information for own use, as defined in data feed agreement, are not allowed to distribute data feed to third parties.
  • Subscribers are required to report their requirements as specified in the the data feed agreement.
  • Subscribers must not use the data feed for any illegal purpose.
  • Subscribers are required to obtain explicit permission from the exchange to disseminate data feed information on wireless devices or public internet display or any other device which are not covered under the MCX data feed agreement.
  • Annual subscription charges for data feed must be paid yearly and in advance as per the Annexure 1. MCX reserves the right to revise the data feed policy or the price list at any time as it may deem fit at its sole discretion and the exchange will give due notice to its vendors or subscribers about the same.

Technology Trust Factors

ISO 27001:2013

Information security Management Standard

Technology Trust Factors

ISO 9001:2015

Quality Management System

Technology Trust Factors

ISO 14001:2015

Environmental Management System

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