GT247.com is obligated to comply with the data pricing policy recently implemented by the JSE, as a result, any GT247.com client who views JSE live prices on either of the GT247.com platforms will be charged a fee and is required to declare his/her end user status below. 

Monthly fees will be applicable depending on:

  • your declared end user status and, 
  • the products you trade and/or view in your watch list on both EQ and Future trader platforms.


As a professional or non-professional trader (see definitions below), if you view any GT247.com derivative product, of which the underlying instrument is a JSE equity, you will be billed according to the following structure:


PROFESSIONAL END USER

  Viewed on EQ Trader Viewed on Future Trader
Exchange prices viewed Ex VAT Inc VAT GT product type Ex VAT Inc VAT GT product type
JSE ALSI R 80.90 R 92.23 SA Index: Alsi CFD R 80.90 R 92.23 Index Futures: Alsi & Alsi (Daily)
JSE Equities R 223.00 R 254.22 Equity CFDs R 223.00 R 254.22 Mini CFDs: Equity Mini CFDs
Other Instruments N/A N/A Energy, Metal, US Index N/A N/A Future: Commodity, Currency, Fixed Income, Non-SA Index Futures, Rolling Futures



NON-PROFESSIONAL END USER

  Viewed on EQ Trader Viewed on Future Trader
Exchange prices viewed Ex VAT Inc VAT GT product type Ex VAT Inc VAT GT product type
JSE ALSI R 0.00 R 0.00 SA Index: Alsi CFD R 0.00 R 0.00 Index Futures: Alsi & Alsi (Daily)
JSE Equities R 60.00 R 68.40 Equity CFDs R 60.00 R 68.40 Mini CFDs: Equity Mini CFDs
Other Instruments N/A N/A Energy, Metal, US Index N/A N/A Future: Commodity, Currency, Fixed Income, Non-SA Index Futures, Rolling Futures

  • GT247.com will only bill your account should you have met the JSE’s criteria for viewing live prices. 
  • Fees will be billed in arrears on the first working day of the next month and debited from your account. 
  • All fees collected by GT247.com will be paid directly to the JSE.



END USER DEFINITIONS:

Non-professional end user:

(a) is one of the following:
    • (i) a natural person; 
    • (ii) a company or close corporation incorporated and registered in South Africa whose shareholders or members are one or more of 
      1. the natural person referred to in (i) above; and 
      2. such natural person's immediate family (i.e. his spouse, parents, grandparents, children and/or grandchildren) and whose management and daily operations are under the control of such natural person and/or such natural person's immediate family; or 
    • (iii) a trust registered with the Master of the High Court of any division of the High Court of South Africa the beneficiaries of which are the natural person referred to in (i) above and/or his immediate family; or 
    • (iv) an unincorporated entity operating an investment club for natural persons only, on a non-professional basis; and

(b) is not registered or qualified as (or required to be registered or qualified as), and does not directly or indirectly act in any capacity (directly or indirectly) as, a securities trader, investment advisor or asset manager with any local or foreign financial exchange, regulatory authority, professional association or professional body recognised under any law; and

(c) does not directly or indirectly use any Data for any business or professional purposes whatsoever;

(d) uses the Data solely to manage the personal funds of any of the natural persons referred to in (a)(i) above and/or those of his immediate family and does not charge or receive any fee or other consideration for this use; and

(e) does not distribute any Data or allow any other third party to use any Data in any way.


Professional end user:

A professional end user is every end user which is not a non-professional end user.