Distribution of real-time data services over the Internet

Each company that intends to offer its clients access to real-time data via Internet is first obliged to sign a distribution agreement with the WSE.
All the rules applying to other distributors (not using Internet as their channel of distribution), namely: the ways of receiving information services, the range of data and fees charged by the WSE are valid also for the distributors providing data via Internet.

Alternative ways of charging for the real-time data

The specific character of Internet allows the data distributors to offer their clients facilities and savings that would be difficult or impossible to achieve in traditional distribution channels.

Not every subscriber of real-time data service (especially if he is an individual investor) is interested in viewing the exchange data every day. Some investors need to have an access to data only on several days in month or during some part of a day (depending on their investment strategies).

For the sake of such subscribers the WSE offered an alternative way of charging for real-time data:

per number of requests to the data base

The data distributor receives the information from the WSE and then places it in a database accessible for the clients. The clients using appropriate software obtained from the distributor send via the Internet to the database the request concerning for instance a price of a chosen instrument (or a group of securities), the value of index. The client pays for every query about single security (according to a fee schedule).

The subscriber, who can take advantage of such information service, may ask the database e.g. ? display current price of company X?. Then he receives an answer and simultaneously the fee is billed in the system - 0,0030 EUR (0,01 PLN) for delivering information about the price of one security. If request to the database was specified in the following way: ? display current prices of shares included in WIG20 index?, then a fee would amount to 0,06 EUR and be calculated as follows: 0,0030 EUR x 20 (0,01 PLN x 20 = 0,20 PLN) securities that constitute the WIG20. This alternative way of charging for real-time data may be also applied in case of sending data from the database via a mobile phone (SMS). In such situation the subscriber informs the data distributor what prices in real-time he wants to receive in `alert` mode.

per time of access the database

The WSE charges the distributor for actual time (calculated in hours) when his client is logged into the database and has the access to real-time information about the exchange prices.

ATTENTION!
Please note that a distributor willing to offer above-mentioned solutions to their clients should operate a special billing systems, guaranteeing that the fees are precisely calculated and the process of using real-time data by clients is under the effective control.