ATS Legal Agreements
ATS Transparency Vendor / Subscriber Agreement Information
The relevant ATS Transparency Data Vendor and Subscriber Agreement must be fully executed and presented to FINRA Market Operations prior to purchasing the corresponding license online from the ATS Transparency Data website at https://ats.finra.org. FINRA reserves the right to immediately terminate access to the FINRA ATS Transparency Data ("Data") and any licenses issued for such Data, without any prior notice or opportunity to cure, in the event User fails to execute or fails to properly execute the required agreements. The rules describing the fees for the FINRA ATS Transparency Data and Information may be found at the following link: http://www.finra.org/finramanual/rules/r4553.
NOTE: As described within the agreements, a single Professional User license provides access to the ATS Data and Information to all of the users within an enterprise, and its subsidiaries and affiliates, but does not extend to its customers or third parties.
Professional Users that intend to access the ATS Transparency Data and Information directly from FINRA must execute the following Subscriber Agreement:
Vendors as well as any Professional Users that intend to disseminate or otherwise make available the ATS Transparency Data and Information, and/or disseminate Derived Data (as defined in FINRA Rule 4553), must execute the following Vendor Agreement:
Vendors that intend to disseminate or otherwise make available to Professional Users the ATS Transparency Data and Information must:
Each fully-executed Vendor or Subscriber Agreement may be scanned and returned electronically (to the email address below), faxed or sent via regular mail to:
9509 Key West Avenue
Rockville, MD 20850
Fax: (301) 527-4918