For users of NYSE OpenBook: NYSE assumes the NYSE Quote will be used in conjunction with OpenBook - see legal notice below. If this is the case than no additional contracts are required the notice below will suffice. If the NYSE Quote is to be used in applications that do not include OpenBook data, a new exhibit A or exhibit A update will be required. For any person or party who does not currently receive OpenBook, an NYSE vendor agreement, exhibit C and exhibit A is required.
Legal Notice
The New York Stock Exchange (the “Exchange”) understands that you receive its NYSE OpenBook(TM) service in accordance with an agreement that you have entered into with the Exchange (the “Agreement”). The Exchange is now adding to its NYSE OpenBook service at no further charge bid/asked quotations in securities that trade on the Exchange’s market ("NYSE Best Quotes").
NYSE Best Quotes represent the best bid and offer available for a security on the Exchange, reflecting not only the limit orders resident in NYSE OpenBook, but interest in the trading crowd and specialists’proprietary interest as well. These are the same bid/asked quotations that the Exchange provides to a central processor for consolidation with other markets’ quotations (“Network A quotation information”).
You do not need to execute another agreement for the receipt and use of NYSE quotation information because the NYSE OpenBook agreement will automatically govern that receipt and use once you commence to receive NYSE Best Quotes information. If you choose to decouple your use of NYSE Best Quotes information from that of NYSE OpenBook, your obligations to properly authorize and report the use of the information, and the fees associated with this use, are governed by the NYSE OpenBook agreement and its approved fee schedule.
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