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Tuesday, April 28, 2009

The Stock Data Content License

By Gilbert Stockton

A stock data content license is an important instrument used in the development of corporate web sites. It is an agreement with another entity to provide select information for legitimate purposes. It is an agreement with another entity, which allows a company to use, modify, reproduce, display, and transmit content electronically across the Internet. The agreement also excludes anyone intending to redistribute, reproduce, retransmit, sell, publish or disseminate the content in any fashion. It covers the use of daily stock information found on many corporate websites.

The license is an agreement between two entities: one agrees to provide the updated daily information and the other agrees to use the information for intended purposes only. Under the license, the corporation may not redistribute the stock data for the purpose of redistribution or similar reasons. The license is non-transferable.

Some of the items that will be under the agreement are the following: computer systems, hosting, email accounts, web browsers, and software just to name a few. Stock data content license will allow the company to pick the information that will be on their website. Such information could be financial components, utilities, and automated features.

There are many subcategories under the stock data content license. In order to change an agreement there has to be a renegotiation amendment. Often, this will result in a new stock data content license.

The content license could provide under Financial Components a stock price table, daily stock quotes, a historical stock chart and current SEC filings. It could also provide Automated, features such as a calendar of corporate events, information request forms and perhaps a press release.

The stock data content providers also make available enhancements that corporations can get if they wish to do so for their website. These are such things as banners, stock screeners, graphics, tickers, and other features. This stock information is the same information made available on other websites. Companies can include exclusive data worldwide but can also block information away from citizens. - 23199

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