• Data Vendors redistribute the ATHEX market data feed internally or to third parties
• They connect directly to the ATHEXGROUP’s information distribution systems
• They sign direct Data Dissemination Agreement with ATHEX and are responsible for the reporting and payment obligations towards the ATHEXGROUP
   

• Data Sub vendors redistribute the ATHEX market data feed internally or to third parties, but they cannot redistribute to other Data Vendors/Subvendors
• They connect to the Data Vendors’ data distribution systems
• They sign direct Data Dissemination Agreement with ATHEX (as well as with the Data Vendors) and are responsible for the reporting and payment obligations towards the ATHEXGROUP

• ATHEX Members can connect either directly to the ATHEXGROUP or through a Data Vendor
• They can redistribute stock market information internally or to their clients, as part of their investment services. ATHEX Members are not permitted to retransmit Data Feed information to other ATHEX Vendors or Subvendors
• ATHEX Members sign a Data Redistribution Agreement directly with the ATHEXGROUP and are responsible for submitting activity reports and making payments to ATHEXGROUP

• Companies that are using real time market information to create Derived Data / Non Display Services
• Non Display information is generated by processing ATHEXGROUP’s real time data feed electronically
• Non Display data users consume ATHEXGROUP’s real-time market data to trade algorithms, to execute automated orders and for fund management. Other use cases include the operation of trading venues (MTF, OTF, SI, CFD platforms), index creation and management, risk management, advanced analytics etc.

• Media outlets which display ATHEXGROUP’s real time information to their clients – visitors to websites or viewers on TV

• Any individual registering in a personal capacity for investment activities who does not act as an executive/senior officer, partner, employee, or representative of any financial institution, nor on behalf of any other person
• Non-Professional Users must not be engaged in the banking, investment, or financial sector in Greece or abroad and must not be subject to the regulations of any authority overseeing financial instruments
• Lastly, Non-Professional Users may use the Information solely for managing their personal assets and are not permitted to extend this to managing the assets of third parties, whether for compensation or not

All Users that are not qualified as Non-Professional Users.