Professional vs. Non-Professional

Access to unlimited real-time market data and the corresponding Exchange Fees depends on whether you are classified as a Professional or Non-Professional by the individual stock exchanges. Refer to the applicable Exchange Agreements for the official definitions of these terms.

Professional Users

You are normally considered a Professional user if you are registered or qualified with any securities agency, or if you are an investment dealer or adviser, or if you work for a bank or other financial organization, and you require market data as part of your duties.

More generally, you are normally considered a Professional user if you use Stockwatch on behalf of a company or other organization, or in any other commercial or professional capacity.

Non-Professional Users

If you are not considered a Professional user, and if you use Stockwatch only for your individual personal use, you are normally considered a Non-Professional user. If you are unsure of your status, please refer to the applicable Exchange Agreements or consult with the stock exchanges directly.