BSE disseminates real-time, delayed, and end-of-day stock exchange trading data
through its official data service providers, the vendors (distributors), to end-users:
institutional and private investors, analysts and representatives of the media.
The Budapest Stock Exchange signs information distribution agreements, so-called
vendor agreements, with data service companies under uniform terms and conditions. Everybody who
wishes to distribute BSE trading data either to end-users or to other data service
providers shall sign this agreement, whether the data is received directly from
the server of the Exchange, or from another data vendor.
For the use of BSE trading data and their transmission, the vendors pay different
fees, set in a uniform manner: an annual licence fee, an annual technical connection
fee and monthly variable fees.
BSE offers trading data to its data vendors in information packages with predetermined content. All data packages for selection by the vendors cover
all BSE markets (cash market, derivatives, commodities) and all traded products;
they also contain the values of all BSE indices.
BSE provides access to trading data in the form of a special vendor data flow. Any vendor can opt to receive this data flow directly from
the BSE or from another contracted BSE data vendor. For further information please
consult our technical guidelines.
BSE offers further information and downloadable materials for its contracted
vendors in the Vendors only section.
Forwarding of BSE data to end-users
Real-time data (other than real-time values of the BUX and BUMIX indices) can
be transmitted exclusively to end-users who have concluded a subscriber agreement
with a vendor for BSE data. The vendor shall make real-time data available solely
in a controlled environment after the identification of the end-user. The vendor
shall pay a monthly variable fee to the BSE after the number of devices displaying
real-time data or the number of end-users having access to real-time information.
Data service providers can forward the real-time values of the BUX and BUMIX
indices, as well as any delayed and end-of-day data to their end-users without
the conclusion of a subscriber agreement and payment of monthly fees. Vendors
can provide this data on their own internet platforms available to the public
free of charge; on websites of third parties they can present the data subject
to the payment of a monthly fee.
For more information on the provision of trading data, please contact the BSE Vendor Relations team.