how to join.

Joining LOBSTER is very simple. The process consists of just two steps:

  1. Submit an application for NASDAQ OMX's academic waiver which is free of charge.
  2. Provide us with your billing information, access option and the names of your users.

We will gladly assist you in obtaining the waiver and guide you through the process until you have the first batch of data on your hard disk.

All documents, including price list, product information and terms and conditions, required for joining LOBSTER are available in the documents section. The 'how to apply' guide [pdf] details step-by-step how you can get access to LOBSTER.

details on how to join.

  1. get an academic waiver.

    In order to obtain NASDAQ OMX's academic waiver, you need to submit a written request, a signed copy of NASDAQ OMX's Global Data Agreement and NASDAQ's Data Feed Request Form to NASDAQ OMX. The written request includes information on your academic program and outlines your research project. The Global Data Agreement is a contract between you and NASDAQ OMX granting access to NASDAQ OMX's market data and defining your rights and obligations. In the Data Feed Request Form one specifies which data product will be received from the distributor under the academic waiver. The waiver is free of charge and we will guide you through every step of your application.

    Operating under the academic waiver allows LOBSTER to offer the limit order book data to academic researchers without charging license fees that would otherwise be required.

  2. sign up for LOBSTER.

    For LOBSTER Humboldt-Innovation GmbH provides administrative support and acts as contractual partner to LOBSTER's customers.

    Humboldt-Innovation GmbH is a 100% subsidiary of Humboldt Universität zu Berlin. It is the knowledge and technology transfer unit of Humboldt Universität and handles research and development contracts with industry partners on its own behalf and for its own account. All resources of Humboldt Universität are at Humboldt-InnovationĀ“s disposal. Detailed information can be found at humboldt-innovation.de

    After contacting us we will provide you with Humboldt-Innovation's terms and conditions, our price list and product information as well as a small pdf form on which you supply us with your contact and billing information, the data option you choose and the names and details of your users.

    After submitting the form, Humboldt-Innovation will send you an offer based on the access option you have selected as soon as the academic waiver is confirmed.

For details on how to join LOBSTER please refer to Humboldt-Innovation's terms and conditions.

let's get started.

The 'how to apply' guide [pdf] explaining every step involved in getting access to LOBSTER is available in the documents sections. Also available are the price list, product information and terms and conditions.
Let us know if you want to join LOBSTER or have a question.

more information.

Check out the available access options and price information, try the sample files or review the output structure.