How Do I Know If I'm A Professional
Or Non-Professional Investor?

To quote the New York Stock Exchange Application and Agreement for the Privilege of Receiving Last Sale Information and Bond Last Sale Information as a Non-Professional Subscriber:

A non-professional is someone who subscribes in his or her individual and personal capacity, and neither as a principal, officer, partner, employee, or agent of any business nor on behalf of any other individual, and who is neither:

•	Registered or qualified with the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association,
•	Engaged as an investment advisor; as that term is defined in Section 202(a) (11) of the Investment Advisors Act of 1940 (whether registered r qualified under that act), nor,
•	Employed by a bank or other organization exempt from registration under Federal or state securities laws to perform function that would require him or her to be so registered or qualified if he or she were to perform such functions for an organization not so exempt. Not sure what all that means? Don't worry - we'll help you determine your non-pro or pro status during the sign-up.

Warning! Professional investors who subscribe as non-professionals risk having their real-time rights on any quote system revoked by the exchanges. If you are a pro, please do not attempt to subscribe as a non-pro. Non-professionals can sign up electronically over the Internet. Professionals please call our Sales Department at (416) 214-5700