BBSW Schedule of Fees DECEMBER 2016 VERSION

Transcription

1 BBSW Schedule of Fees DECEMBER 2016 VERSION

2 Contents Contents 2 Subscriber Licenses 3 Product Details 3 Subscriber License Fees 4 Distribution Licenses 5 Product Details Live Products 5 Product Details Delayed Products 6 Products Details - Historical Products 7 Distribution License Fees 8 Clearing Houses, Market Venues, Agency & Custodian Licenses 9 Product Details Live Products 9 Product Details Delayed Products 10 Clearing House, Market Venue & Agency Usage License Fees 11 Special Purpose Licenses 12 Further Information 13 This Schedule of Fees sets out fees applicable to BBSW which are supplied by ACN Pty Limited, a wholly owned subsidiary of ASX Limited, ABN All fees are shown in Australian dollars. All fees are effective from the effective date and are subject to change from time to time. Copyright 2016 ASX Operations Pty Limited and its related bodies corporate. All rights reserved. The trademarks listed below are trademarks of ASX. Where a mark is indicated as registered it is registered in Australia and may also be registered in other countries. Nothing contained in this document should be construed as being any licence or right to use of any trade mark contained within the document. ASX, MarketSource, ASX Trade, ASX TradeMatch, Centre Point Order, ReferencePoint, ComNews, Voiceline, Derivatix 2016 ASX Operations Pty Limited /13

3 Subscriber Licenses Product Details Feature BBSW Live BBSW Total Live Real time access to Bank Bill Swap Rate Mid-Rates as calculated by ASX across all published tenors Yes Yes Real time access to Bank Bill Swap Rate Bid & Ask Rates as calculated by ASX across all published tenors Yes Yes Real time access to End of Day Bank Accepted Bills Reference Rates as calculated by ASX across all published tenors No Yes Number of countries that a Legal Entity s users can access the data from for a single subscription 1 1 Multiple country access options available Yes Yes Firms can use data for own internal purposes Yes Yes Firms can redistribute data No No Firms can utilise data for the provisioning of trading, clearing or investment administration services No No Users can access the information from the ASX website Yes Yes Users can access the information via a 3 rd party vendor Yes Yes 2016 ASX Operations Pty Limited ABN /13

4 Subscriber License Fees Product Code Service Description Basis Frequency Fee (ex. GST) Effective Date BBSW Live AFMA member Internal use of BBSW Live within an AFMA member firm s Australian offices Per legal entity Per country Annually $2, Jan BBSW Live Non-AFMA member / Offshore Internal use of BBSW Live within a non-afma member firm s office in Australia, or by any firm s office in another country Per legal entity Per country Annually $3, Jan BBSW Live Multi Country Access 1-6 countries BBSW Live Multi County Access 7+ countries Internal use of BBSW Live in up to 6 of a firm s global offices Per legal entity Annually $10, Jan 2017 Internal use of BBSW Live in any of a firm s global offices Per legal entity Annually $15, Jan BBSW Total Small AFMA Member* Internal use of the BBSW Total service within an AFMA member firm s Australian offices Per legal entity Annually $2, Jan BBSW Total AFMA Member Internal use of the BBSW Total service within an AFMA member firm s Australian offices Per legal entity Annually $6, Jan BBSW Total Non-AFMA member / Offshore Internal use of BBSW Total service within a non-afma member firm s office in Australia, or by any firm s office in another country Per legal entity Per country Annually $6, Jan BBSW Total Multi Country Access 1-6 countries BBSW Total Multi County Access 7+ countries Internal use of BBSW Total service within up to 6 of a firm s global offices Per legal entity Annually $13, Jan 2017 Internal use of BBSW Total service within any of a firm s global offices Per legal entity Annually $21, Jan 2017 For BBSW Total, Small AFMA members are defined by ASX as AFMA members that meet one of the following: Banks with less than $10bn of assets Investment Managers and Superannuation Funds with less than $100bn of AUM Energy Companies with less than $2bn of turnover Australian Local, State and Federal Government Agencies 2016 ASX Operations Pty Limited ABN /13

5 Distribution Licenses Product Details Live Products Feature BBSW Live BBSW Total Live Real time access to Bank Bill Swap Rate Mid-Rates as calculated by ASX across all published tenors Yes Yes Real time access to Bank Bill Swap Rate Bid & Ask Rates as calculated by ASX across all published tenors Yes Yes Real time access to End of Day Bank Accepted Bills Reference Rates as calculated by ASX all published tenors No Yes Firms can use data for own internal purposes No No Firms can redistribute data to end users with a BBSW Live subscription agreement with ASX Yes No Firms can redistribute data to end users with a BBSW Total subscription agreement with ASX Yes Yes Firms can redistribute 24hr delayed data to end users (behind a system login) that have no subscription agreement with ASX No Yes Firms can redistribute up to 10 days of historical information to end users with the applicable subscriber agreements Yes Yes Firms can redistribute beyond 10 days of historical information to end users with the applicable subscriber agreements No Yes Firms can redistribute data to end users (behind a system login) that have no subscription agreement with ASX No No Firms can redistribute data to public end users (outside a login) No No Firms can utilise data for the provisioning of trading, clearing or investment administration services No No Firms can access the information from the ASX website Yes Yes Users can access the information via a 3 rd party vendor Yes Yes 2016 ASX Operations Pty Limited ABN /13

6 Product Details Delayed Products For distribution of 24 hour delayed data, firms are required to apply the delay in their system. Contents of the two products are the same as their real time equivalents. Feature BBSW Delayed BBSW Total Delayed Firms can use data for own internal purposes No No Firms can redistribute 24hr delayed data to end users (behind a system login) that have no subscription agreement with ASX Yes Yes Firms can redistribute 24hr delayed data to public end users (outside a system login) Yes Yes Firms can redistribute up to 10 days of historical values to end users with the applicable subscriber agreements Yes Yes Firms can utilise data for the provisioning of trading, clearing or investment administration services No No Firms can access the information from the ASX website Yes Yes Users can access the information via a 3 rd party vendor Yes Yes 2016 ASX Operations Pty Limited ABN /13

7 Products Details - Historical Products A historical information license allows firms with a BBSW Live or BBSW Delayed license to redistribute beyond 10 days worth of historical data to their users behind a login. BBSW Total Live and BBSW Total Delayed licenses include historical data redistribution. Feature Firms can use data for own internal purposes Firms can redistribute >10 days of historical values to end users (behind a system login) that have no subscription agreement with ASX Firms can utilise data for the provisioning of trading, clearing or investment administration services Firms can access the information from the ASX website Users can access the information via a 3 rd party vendor BBSW Historical No Yes No Yes Yes 2016 ASX Operations Pty Limited ABN /13

8 Distribution License Fees Product Code Service Description Basis Frequency Fee (excl. GST) Effective Date BBSW Live Redistribution Redistribution of real time BBSW Live data to users with a BBSW Live subscription Annually $6, Jan 2017 BBSW Total Live Redistribution Level 1 Redistribution of real time BBSW Total data to users with a BBSW Total subscription, to up to 9 end user firms Annually $15, Jan BBSW Total Live Redistribution Level 2 BBSW Total Live Redistribution Level 3 Redistribution of real time BBSW Total data to users with a BBSW Total subscription, to up to 19 end user firms Redistribution of real time BBSW Total data to users with a BBSW Total subscription, to up to 49 end user firms Annually $30, Jan 2017 Annually $45, Jan 2017 BBSW Total Live Redistribution Level 4 Redistribution of real time BBSW Total data to users with a BBSW Total subscription, to 50 or more end user firms Annually $57, Jan BBSW Delayed Redistribution Redistribution of 24hr delayed BBSW data in an application or website Annually $17, Jan BBSW Total Delayed - Redistribution Redistribution of 24hr delayed BBSW Total data in an application or website Annually $20, Jan BBSW Historical Redistribution of historical BBSW data in an application or website. *Requires a delayed license Annually $5, Jan ASX Operations Pty Limited ABN /13

9 Clearing Houses, Market Venues, Agency & Custodian Licenses Product Details Live Products The following information relates to firms providing agency or custody services, e.g.: Outsource Back-Office Service Providers, Third Party Clearers or Clearing Houses, Asset Administrator, Market Venue, Prime Broker or Margin Lender. These licenses do not allow a firm to act as a distributor or vendor. Feature BBSW Live BBSW Total Live Real time access to Bank Bill Swap Rate Mid-Rates as calculated by ASX across all published tenors Yes Yes Real time access to Bank Bill Swap Rate Bid & Ask Rates as calculated by ASX across all published tenors Yes Yes Real time access to End of Day Bank Accepted Bills Reference Rates as calculated by ASX all published tenors No Yes Firms can use data for own internal purposes Yes Yes Firms can utilise data for the provisioning of trading, clearing or investment administration services Yes Yes Firms can redistribute data to end users No No Firms can supply limited extracts* of the information to firm s clients Yes Yes Firms can launch tradeable products based on the data Requires a Special Purpose License Firms can access the information from the ASX website Yes Yes Users can access the information via a 3 rd party vendor Yes Yes Examples of Limited extracts of the information are: Back office reports provided to firms such as portfolio valuation Research reports generated for an Investment Manager 2016 ASX Operations Pty Limited ABN /13

10 Product Details Delayed Products Feature BBSW Delayed BBSW Total Delayed 24 hour delayed access to Bank Bill Swap Rate Mid-Rates as calculated by ASX across all published tenors Yes Yes 24 hour delayed access to Bank Bill Swap Rate Bid & Ask Rates as calculated by ASX across all published tenors Yes Yes 24 hour delayed access to End of Day Bank Accepted Bills Reference Rates as calculated by ASX all published tenors No Yes Firms can use data for own internal purposes Yes Yes Firms can utilise data for the provisioning of trading, clearing or investment administration services Yes Yes Firms can redistribute data to end users No No Firms can supply limited extracts* of the information to firm s clients Yes Yes Firms can launch tradeable products based on the data Requires a Special Purpose License Firms can access the information from the ASX website Yes Yes Users can access the information via a 3 rd party vendor Yes Yes *Examples of Limited extracts of the information are: Back office reports provided to firms such as portfolio valuation Research reports generated for an Investment Manager 2016 ASX Operations Pty Limited ABN /13

11 Clearing House, Market Venue & Agency Usage License Fees Product Code Service Description Basis Frequency Fee (ex. GST) Effective Date BBSW Live Agency Usage Use of BBSW Live by a Clearing House, Market Venue or Agency, and to supply limited extracts* of the information. Annually $17, Jan BBSW Total Live Agency Usage Use of BBSW Total by a Clearing House, Market Venue or Agency with rights to supply limited extracts* of the information. Annually $25, Jan BBSW Delayed Agency Use of 24hr delayed BBSW by a Clearing House, Market Venue or Agency with rights to supply limited extracts* of the information. Annually $5, Jan BBSW Total Delayed Agency Use of 24hr delayed BBSW Total by a Clearing House, Market Venue or Agency with rights to supply limited extracts* of the information. Annually $11, Jan 2017 Examples of Limited extracts of the information are: Back office reports provided to firms such as portfolio valuation Research reports generated for an Investment Manager 2016 ASX Operations Pty Limited ABN /13

12 Special Purpose Licenses Product Code Service Description Basis Frequency Fee (ex. GST) Effective Date New Original Works Create any form of New Original Work, including indices. Per product Annually POA 1 Jan Investment / Tradeable Products Creation of any investment or tradeable derivative product that is priced based on BBSW or EOD BABs. This excludes the usage of BBSW as the reference/margin rate in any listed or unlisted debt or hybrid instruments issued in Austraclear or CHESS. Per product Annually POA 1 Jan ASX Operations Pty Limited ABN /13

13 Further Information For more information, please contact: Your ASX Account Manager ASX Customer Service T: (within Australia) T: (International) Visit asx.com.au Follow 2016 ASX Operations Pty Limited ABN /13