Exfeed 227 2021 _verified_ Jun 2026

: Accessing non-display information (data used for algorithmic trading or automated risk management) requires a direct contractual relationship via a separate Non-Display Information Usage (NDIU) agreement if a standard MDLA is not in place.

specifically for non-display information usage (NDIU), ensuring firms were correctly reporting their automated data consumption. Key Takeaways for Data Managers exfeed 227 2021

Understanding Exfeed: The High-Performance Pulse of the Swiss Markets exfeed 227 2021

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