Market Data Terms & No-Redistribution Policy

Effective Date: 2026-06-22 · Version 1.0 (DRAFT — pending legal review) · Bridge Trading

    Plain-English Summary: The live prices, charts, options exposure (GEX) maps, and order-flow data inside Bridge come from licensed market-data feeds and the exchanges that own them. You may look at this data for your own personal trading. You may not copy it, re-publish it, feed it into another app or bot, share it, or resell it. The exchanges require us to enforce this, and breaking it can get your account terminated and expose you (and us) to liability.
  

1. Scope

These Market Data Terms govern your access to and use of any real-time, delayed, or derived market data made available through the Bridge Trading platform ("Market Data"), including but not limited to: equity and options quotes and trades, consolidated best bid/offer (NBBO) data, charts, gamma/vanna exposure ("GEX/VEX") maps, options order-flow scans, and any value computed from the foregoing. These terms supplement, and are incorporated into, the Bridge Trading Terms of Service.

2. Market Data Is Licensed, Not Owned

Market Data is provided to Bridge under license from third-party data vendors and the securities exchanges and self-regulatory organizations that generate or own it (including, as applicable, OPRA, the equities consolidated tape / participating exchanges, and CME Group and its designated contract markets). The exchanges retain all proprietary rights in their Market Data. Your subscription grants you a limited, personal, non-exclusive, non-transferable, revocable right to view and use Market Data solely for your own internal trading and informational purposes. No other rights are granted.

3. No Redistribution — Prohibited Uses

You may not, directly or indirectly, and may not permit any other person to:

Redistribute, retransmit, republish, or disseminate any Market Data to any third party, in any form, whether or not for a fee.
Display Market Data publicly or to anyone other than yourself — including on websites, social media, streams, Discord/Telegram channels, newsletters, screenshots shared publicly, presentations, or any other public or group medium.
Copy, store, cache, scrape, harvest, or extract Market Data in bulk, or build or maintain a database from it.
Feed Market Data into any other application, trading system, algorithm, bot, model, spreadsheet service, or third-party tool.
Resell, sublicense, lease, or otherwise commercialize Market Data or any product or service derived from it.
Remove, obscure, or alter any proprietary notice, attribution, or source identifier associated with Market Data.
Use Market Data in any manner that would cause Bridge to breach its agreements with any data vendor or exchange.

Personal use means use by you, the individual subscriber, on your own devices, for your own trading decisions. It does not include use by your employer, firm, clients, or any automated downstream system.

4. Professional vs. Non-Professional Status

Exchange fees and entitlements differ for "Professional" and "Non-Professional" subscribers, as those terms are defined by the relevant exchanges. By using Bridge you represent that the subscriber status you have certified is accurate, and you agree to promptly notify us if your status changes. If you qualify as a Professional subscriber, additional exchange fees and agreements may apply. Misrepresenting your status may result in retroactive fees, suspension, or termination.

5. No Warranty on Market Data

Market Data is provided "as is" and "as available." Bridge and its data providers do not warrant that Market Data is accurate, complete, timely, uninterrupted, or error-free, and are not liable for any trading or other decision you make in reliance on it. Real-time data may be delayed, gapped, or unavailable. See also the Risk Disclaimer.

6. Exchange Beneficiary Rights

You acknowledge that the exchanges and data vendors that own Market Data are intended third-party beneficiaries of these terms and may enforce them directly against you. The exchanges have no liability to you for the Market Data or its use, and disclaim all warranties to the maximum extent permitted by law.

7. Enforcement and Termination

Bridge actively monitors for misuse. Any violation of these Market Data Terms is a material breach of the Terms of Service and may result in immediate suspension or termination of your account without refund, in addition to any other remedies available to Bridge, the data vendors, or the exchanges, including injunctive relief and recovery of fees and damages.

Why this matters: The exchanges that supply our live data require every platform that shows it to bind its users to a no-redistribution agreement. This protects you, protects Bridge, and keeps real-time data flowing to the platform. Violating it can result in account termination and personal liability.

8. Changes

We may update these Market Data Terms as our data agreements evolve. Material changes will be communicated through the platform. Continued use after an update constitutes acceptance.

9. Contact

Questions about Market Data use: [email protected].