canuk-i-head,
Professional and non professional traders and investors the world over have been signing that agreement. I'd venture to say that millions upon millions have gone before you.
I am not commenting on whether it is a 'good' agreement, or not.
I am simply commenting that fears of Nasdaq coming down on any one individual who is acting simply as a private investor are completely overblown, if you use the quotes as they are intended to be used - to support the investment activities of a private, individual, investor/trader.
Sure, the way TD actually implemented the notification / change was poorly conceived.
Finally, to put this in context, compare:
a) how many private, individual, investor/traders have ever been the subject of litigation by Nasdaq for violating the agreement?
b) how many private, individual, investor/traders have ever had a negative outcome in their trading activities due to an ordinary event such as "Subject To Prior Fill" rules? Or Bad Fills due to price or timelyness?
I'm sure you could find better uses of your time and better causes to fight.
Fight all you will, unless Nasdaq implements a different agreement just to appease Canadians (what is the chance of that - zero) then you'll be signing it, or your broker will have to implement some mechanism to avoid distributing quote information to you. |
