Real-time market data

At ELANA Trading all equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe to the individual exchange. A subscription to live price data from an exchange gives you access to live prices on Stocks, Single Stock CFDs, ETFs/ETCs and CFDs on ETFs/ETCs from the particular exchange. The Subscription Tool Guide is available in the trading platform form menu “Account”- “Manage Subscription”. In the tool, you will find a list of available exchanges and news services alongside the applicable monthly fees. You will be able to subscribe and unsubscribe to services of your choice.

Real time quotes, without a subscription, are provided for FOREX, CFDs Index Tracker and CFD based on commodities. For the other instruments, like stocks, futures and other CFDs the quotes have 15 minutes delay.

Subscriptions

• Futures contracts
• Stocks
• News

Difference between the two levels:

• Level 1 price data refers to the first level of the order book on the exchange. With a Level 1 subscription you can see live, streaming, bid and offer prices.
• With a Level 2 price data subscription you can see live, streaming prices as with Level 1 but on top of this you can see the market depth of bid/offer prices and the amounts available at each price point.

Subscription fee refund for active equity trading

• For clients who trade equities and subscribe to real time market data, Elana has introduced a refund scheme where fees are refunded per exchange should clients trade a minimum of four (4) times across stocks, ETFs or CFDs on the exchange during each calendar month.
• Refunds are only applicable for non-professional clients subscribed to level 1 data
• Refunds are calculated on a monthly basis but paid out on a quarterly basis.