Power Futures - Market Data Charges of Intercontinental Exchange (ICE) products
With effect from 1 April 2016, ICE will impose market data charges on investors that access to market data through vendors. As Haitong International is one of the vendors, we hereby inform you that the charging mechanism and subscription details will be as follows:
1. Charging Mechanism You can choose the following package(s) to subscribe for receiving market data of relevant exchange(s) (“the Service”):
Package
ICE Futures Europe – Commodities
ICE Futures US
ICE Futures Europe – Financials
Products included
Brent Crude Oil (IPE) London Cocoa (LIFFE) White Sugar (UK) (LIFFE) WTI Crude Oil (IPE) Robusta Coffee (UK) (LIFFE)
US Dollar Index (NYBOT) Coffee (NYBOT) Orange Juice (NYBOT) Cocoa (NYBOT) Cotton (NYBOT) Sugar#11 (NYBOT)
FTSE 100 (LIFFE) London Cocoa (LIFFE) Robusta Coffee (UK) (LIFFE) White Sugar (UK) (LIFFE)
Monthly Fees*(USD)
110
110
110
*Fees will be charged per account. Please maintain sufficient USD balance in your account for subscription of market data.
2. Subscription Details
Client has to complete and execute the ICE Subscriber Agreement and subscription form (must be filled in English) and submit the same to our Customer Service Department for further handling. The Service will be activated on next trading day once we received your subscription.
If real time market data is not subscribed, client can only receive delayed quote for relevant ICE products. Unrealized profit and loss of open position of relevant ICE products will be calculated according to delayed market data.
Market data fee is charged on monthly basis (e.g. 1 April to 30 April) and will be debited from your trading account on the date of subscription for the first subscription. Once market data is subscribed, system will auto-enroll the service unless client cancels the subscription and the relevant monthly fee will be debited from your trading account on the first trading day of the month for the auto-enroll service.
Please ensure you have sufficient USD balance in your trading account for the payment of the Service fee on the date as mentioned above. Otherwise, the Service will be terminated automatically.
Market data fee will not be refunded even the market data package is cancelled during the month of the Service.
Each package's fees are subject to modification by each of the exchange(s) at any time, without prior notice to subscriber.
