Could you please outline the licensing requirements for NIBOR, what is fee liable and what is not (for example if the data is 24h delayed), access methods, and any other relevant information related to the change. In relation to vendor access, will there be any change requirements for users?
The subscription requirements can be found on our “How to Subscribe” page. Fees are only applicable to subscribers if they wish to receive the live data (up to 24 hours delayed) from an authorised vendor.
NoRe distributes data in three ways;
- It provides one business day delayed data on the NoRe website. This is free of charge
- Authorised Delayed Data vendors provide 24 hour delayed data to their clients at no charge (some vendors provide live and delayed options)
- Live data (up to 24 hour delayed) is distributed to subscribers who have signed a subscription agreement directly with NoRe (available from the NoRe website). The method of distribution is via an Authorised vendor who has a license to distribute live data. Once the subscriber has a subscription with NoRe, then NoRe advises the vendor to provide access in accordance with the type of subscription. This will allow access via vendor terminals, data feeds and other applications.
The fees for the subscription services are explained in full on the subscription charges page
Please visit the “How to Subscribe” page to view the steps required to obtain a subscription agreement.
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