Online Trading

Subscriber Agreements

CFDS / STOCKS


The HMS Trader 2 Online Subscription Tool will allow clients to subscribe to real-time exchange market data for stocks, CFDs and futures via the trading platform.
The new tool will not only give easier and faster access to real-time market data, but to the streaming news feeds as well. In general, the news services will continue to be free, although fees may apply to professional users.
The tool is accessible via the "Online Subscription Tool" option under the "Account" menu of the trading platform.

  • Clients will need to subscribe individually to each exchange if they want real-time market data.

  • Minimum trades to generate a rebate are listed in a table under section 2 below.

  • Ongoing subscription fees will be billed on the first day of the new month.

  • Should a client stop trading a particular exchange for a period of time then we recommend they unsubscribe to real-time data before the end of the current month to avoid being charged for the following month.

For more details in regards to the functionality of the Online subscription tool click here.

1. REAL TIME EXCHANGE DATA - MONTLY FEES

Exchange NameLevelNon Professional Monthly FeesProfessional Monthly Fees
Bats EuropeLevel 1Free22.00 GBP
Hong Kong Stock ExchangeLevel 1120.00 HKD120.00 HKD
Hong Kong Stock ExchangeLevel 2200.00 HKD200.00 HKD
NASDAQ OMX Copenhagen Stockholm Helsinki ExchangesLevel 11.00 EURN/A
NASDAQ OMX Copenhagen Stockholm Helsinki ExchangesLevel 25.00 EURN/A
NASDAQLevel 11.00 USD22.00 USD
New York Stock Exchange (AMEX and ARCA)Level 11.00 USD23.00 USD
New York Stock ExchangeLevel 11.00 USD45.00 USD
Euronext Stock ExchangeLevel 11.00 EUR63.00 EUR
Euronext Stock ExchangeLevel 21.00 EUR91.00 EUR

2. REBATES OF SUBSCRIPTION FEES FOR ACTIVE CLIENTS


Clients that subscribe to real-time market data, and trade the required minimum number of trades per calendar month across stocks, and CFDs will receive rebates as indicate in the below table. Rebates are only applicable for non-professional clients subscribing to Level I data.

The definition of Non-Professional and Professional subscribers may vary between exchange.
Exchange Name
Country
Non Professional Monthly Fees - Level I
Minimum Trades for Rebate
American Stock Exchange (AMEX)
United States of America
USD 1.00
2
Euronext Stock Exchange
Europe
EUR 1.00
2
Hong Kong Exchange (HKEX)
Hong Kong
HKD 120
3
NASDAQ
United States of America
USD 1.00
2
New York Stock Exchange (NYSE)
United States of America
USD 1.00
2

3. DISCLAIMER


To trade stocks, CFDs and futures on live (un-delayed) prices, a subscriber agreement must be established with each relevant exchange. The vendor of real time live market data is Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark. Therefore the Subscriber Agreement will be contracted between the vendor of the market data and you the subscriber.
HMS LUX S.A. cannot guarantee the confidentiality of the information disclosed by the client when signing the Subscriber Agreement. Therefore, disclosure of such confidential information is the sole responsibility of the client/subscriber.
By electronically submitting the Subscriber Agreement you automatically agree to:

1) Permit HMS LUX S.A. to transmit your electronic Subscriber Agreement to Saxo Bank, Smakkedalen 2 DK-2820 Gentofte Denmark and Saxo Bank reporting this information to each relevant exchange at the end of each month.

2) Acknowledge and accept that HMS LUX S.A. no longer has any responsibility for the data confidentiality which you are disclosing in the above mentioned process.