I understand that live CIBOR fixings will become fee liable on 1st October 2019. However, if we take a delayed feed of 24 hours, no fees are applicable. If we decide to take the delayed feed, do we still need to complete a contract? Also, I want to understand what you mean by re-distribution – if we were taking a delayed feed and applying it to customer accounts on our bank’s ledgers, is that considered re-distribution? We wouldn’t be sending anything directly to customers.
The DFBF website will provide delayed data and this is for a users internal business use and not intended to be resold to third parties. Many vendors are providing the delayed data at no charge. There is no requirement to have any direct subscription agreement with DFBF to receive this data from your existing vendor.
Delayed data can be used according to the use conditions of your existing vendor.
In the case that you wish to distribute delayed data to third parties as a data service, you will need to enter into a distribution agreement with DFBF.