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Non-Tech : Nasdaq Subscriber Agreement
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To: canuck-l-head who started this subject4/16/2001 11:38:57 AM
From: AL R  Read Replies (2) of 52
 
Here is the response for an Email I sent over the weekend. Essentially, I'd asked for a different Agreement or the option not to receive NASDAQ RTQ.

Thank you for your message. This agreement was a requirement recently
placed on TD Waterhouse by the NASDAQ in order to continue to provide our
clients with real time quotes. We ask that you read the agreement and check
the appropriate boxes. Should you not feel comfortable agreeing to the
terms you will not get access to WebBroker.

Unfortunately WebBroker cannot distinguish between clients who trade on
NASDAQ and those who do not. Therefore TD Waterhouse cannot provide limited
access to those clients who do not wish to agree to the NASDAQ’s terms and
conditions and only wish to trade on the NYSE, TSE, American Exchange or
CDNX.

We are sorry for any inconvenience this procedure may have caused you. By
asking its clients to accept these agreements TD Waterhouse is only acting
as an intermediary between the exchange and its clients.

Yours Sincerely,

Electronic Brokerage Services Help Desk
TD Waterhouse Investor Services (Canada) Inc.


At first I thought Wrong Answer, then thought about it. I don't believe Contracts or Agreements signed under duress are enforcable.

Still going to be a big PR problem for TDWater House.

Take Care
Al
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