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Pro vs Non-pro subscriber status

How to determine your subscriber status.

Updated over 2 months ago

Non-Professional

A Non-Professional is defined as either (i) an individual, natural person subscriber(s) who, or (ii) certain small business entities (limited liability companies, partnerships, trusts or corporations) that, receive and use Information (excluding any pit-traded data), in each case subject to the following restrictions:

The Non-Professional Subscriber Must:

  • (a) have an active futures trading account.

  • (b) be an individual, natural person, or small business entity.

The Non-Professional Subscriber Must Not:

  • (c) be a member (or hold or lease any type of membership) of any exchange;

  • (d) be registered or qualified as a professional trader or investment adviser with any stock, commodities, or futures exchange or contract market, or with any financial regulatory authority.

  • (e) be acting on behalf of an institution that engages in brokerage, banking, investment, or financial activities.

The Non-Professional Subscriber’s Use of Information Must:

  • (f) be solely for the subscriber’s personal or private use.

  • (g) be limited to managing the subscriber’s own assets, and not be used in connection with the management of any assets of any third party(ies) in any capacity.

The Non-Professional Subscriber’s Access to Information Must Only:

  • (h) be able to access Information via a maximum of two Order Routing Devices provided by dxFeed.


Professional

Any Subscriber who does not meet the qualifications of a Non-Professional Subscriber will be considered a Professional Subscriber.

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