The FTSE Custom Multi-Use Data Licence Agreement: What it is and How it Works
If you are familiar with the world of finance, you have likely come across the name FTSE. FTSE is a global index provider that offers a range of indices that measure the performance of different markets and asset classes. The company is widely recognized for its FTSE 100 Index, which tracks the performance of the 100 largest companies listed on the London Stock Exchange.
FTSE also offers a range of data services to its clients. One of these services is the Custom Multi-Use Data Licence Agreement, which is designed to meet the needs of clients who require access to FTSE`s proprietary market data.
So, what exactly is the Custom Multi-Use Data Licence Agreement? In simple terms, it is a legal agreement that allows clients to use FTSE`s data for specific purposes. The agreement sets out the terms and conditions of use, including the fees that must be paid, the restrictions on use, and the limitations on liability.
There are several key features of the Custom Multi-Use Data Licence Agreement that are worth noting. Firstly, it offers clients the ability to customize the data that they receive from FTSE. This means that clients can choose the specific data points that they require, rather than having to purchase a pre-packaged data set.
In addition, the agreement offers clients flexibility in terms of how they use the data. Clients can use the data for a wide range of purposes, including research, analysis, and trading. They can also use the data across multiple platforms, such as desktop applications, mobile devices, and websites.
Another key feature of the Custom Multi-Use Data Licence Agreement is its scalability. Clients can choose the level of access that they require, ranging from basic access to a small subset of data points to comprehensive access to FTSE`s entire data set.
Overall, the Custom Multi-Use Data Licence Agreement is a valuable tool for clients who require access to FTSE`s proprietary market data. It offers flexibility, customization, and scalability, making it a great option for a wide range of users. If you are interested in learning more about the agreement, you can contact FTSE directly or speak to a licensed data vendor who can provide more information and help you navigate the licensing process.