Using the Data
Licence Types and Fees
User Types
- Individual – one login for use by a single person for professional, investment, analytical or other purposes.
- Enterprise – unlimited internal access, permitted to create value-added and derived services. Fees are tiered by revenue.
- Redistributor – allows onward distribution of unaltered data to unlimited chain of end-users (which can include other redistributors).
- Academic / Non-Commercial – one login for use of historical data only, free of charge, for research purposes.
User Data Licence Types
Real-Time Data Licence
Provides access to the live data stream of consolidated post-trade bond data.
Historical Data Licence
Provides access to the full historical dataset, updated daily with corrections, cancellations and amendments.
Annual fees 2026-2027
Below is an overview of the ETS Connect UK user licence types, and the associated Year 1 annual fees for accessing data and support services in the production environment from 22 June 2026.
| Licence Type | Annual Data Fees2 | Annual Support Fees | Distribution Technologies4 | ||
|---|---|---|---|---|---|
| Real-time Data | Historical Data | Market Hours | Out of Hours3 | ||
| Individual | £0.01 | £0.01 | FREE | £2.40 | GUI (one login) |
| Enterprise <£10M1 | £0.01 | £0.01 | FREE | £3,000.00 | API / GUI / CSV |
| Enterprise <£50M1 | £0.01 | £0.01 | FREE | £3,000.00 | API / GUI / CSV |
| Enterprise <£250M1 | £72.00 | £18.00 | FREE | £6,000.00 | API / GUI / CSV |
| Enterprise <£1BN1 | £720.00 | £180.00 | FREE | £6,000.00 | API / GUI / CSV |
| Enterprise >£1BN1 | £3,600.00 | £900.00 | FREE | £12,000.00 | API / GUI / CSV |
| Academic / non-commercial (including retail) | Not Available | FREE | FREE | £24.00 | GUI / CSV (one login) |
1 Enterprise tiering is based on annual revenue of the organisation.
2 Fees only applicable if user does not have an existing data licence.
3 Out of Hours (OoH) support offering launch is pending confirmation, expected to be finalised in April. Fees would only apply where users do not have an existing OoH support licence. Users would only purchase OoH support once where they take both real time and historical data licences.
4 All available distribution technologies relevant to the User Type are included in the licence fee.
User Support Options
- Standard support during market hours: 8:00am-6:00pm, 5 days a week
- Out-of-Hours (OoH) support would be available: 24 x 5 days (Note: Out of Hours (OoH) support offering launch is pending confirmation, expected to be finalised in April)
Redistributors – Key Data Terms
- Redistributor agreement requires pass-through terms to end-users
- Firms must redistribute data via the same license type as received from the CTP
- Enterprise licence also required to use CT data internally
- Enterprise licence also required if CT data is modified for redistribution
Redistributors – Data Fees
- No fixed fee payable by Redistributors (who don’t use the data internally)
- No user fees payable if the end-user already has an existing data licence
- Redistributor must pay the CTP applicable user fees before enabling the client
- Redistributor can determine the data fees it onward charges its clients
Redistributors – Out of Hours (OoH) Support
- Note: Out of Hours (OoH) support offering launch is pending confirmation, expected to be finalised in April
- Redistributor would elect to offer OoH Support for all their sublicensees, or for none
- No fixed fee would be payable for redistributors for OoH support
- No user fee would be payable for Enterprise end-users who have OoH support licence
- User fee would always be payable for individual users even if they have OoH support licence from a different source
User Licence Agreements
If you have any questions, please contact our Support team: [email protected]
ETS Connect UK Academic & Non-Commercial Licence FINAL v1.0Download
ETS Connect UK Enterprise Licence FINAL v1.0Download
ETS Connect UK Individual Licence FINAL v1.0Download
ETS Connect UK Redistributor Licence FINAL v1.0Download
ETS Connect UK User Order Form FINAL v1.0Download
Summary of Amendments
These documents summarise the key changes between the ETS Connect UK draft User terms and the final User terms and Order Form. Note: marked-up versions of each of the final documents are also available below.
ETS Connect UK Summary of Amendments and Other Feedback on User TermsDownload
ETS Connect UK User Licence Agreements and Order Form RedlineDownload