EDI Questions Whether Exchanges Can License Data They Do Not Own Date
01/03/2021
Exchange Data International (EDI) has today released a report that questions whether stock and derivative exchanges have copyright in closing prices, and whether they can license the redistribution of these closing prices.
The report argues that stock and derivative exchanges do not own the copyright in closing prices and nor do they acquire copyright through statements on their websites or in their licensing contracts. Their databases are also not protected by the EU Database Directive, or by a compilation copyright in the US.
It is increasingly clear that no copyright exists in the data and that stock exchange and derivative databases are unlikely to enjoy database protection. Also, antitrust provisions come into play. While an exchange can recover its reasonable costs of supplying data feeds it cannot subsidize its core operations or run a for-profit business by exploiting the monopo
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During the worst crisis since World War II, US dividends proved resilient, increasing 2.6% year-over-year to a record high of $503.1 billion in 2020, as just one in fourteen US companies cancelled its dividend between April and December according to the latest edition of the Janus Henderson Global Dividend Index.
(Graphic: Business Wire)
Globally, dividends fell to $1.26 trillion during the year, down 12.2% on a headline basis. This was better than Janus Henderson’s best-case forecast of $1.21 trillion thanks to a less severe fall in Q4 payouts than anticipated. Janus Henderson’s index of global dividends fell to 172.4, a level last seen in 2017.
US Dividends Climb 2 6% to Record High $503 1 Billion in 2020 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.