> For the complete documentation index, see [llms.txt](https://hawkalpha.gitbook.io/what-is-hawkalpha/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hawkalpha.gitbook.io/what-is-hawkalpha/alpaca-broker/regarding-market-data-licensing.md). # Regarding Market Data Licensing Alpaca licenses market data to the individual. The individual then decides to utilize the market data to benefit the user for their own non-professional use. {% hint style="info" %} Here are some points to remember when it comes to HawkAlpha and it's use of Alpacas market data subscription: * HawkAlpha does not utilize a users market data connection except in the users own VPS environment based on the users own configuration. * HawkAlpha does not redistribute the users market data. * HawkAlpha does not modify the users market data. * HawkAlpha does not reverse engineer the users market data. {% endhint %} Individual market data licensing restrictions are the limitations and conditions that apply to the use of market data by individuals or non-professional users. Market data licensing restrictions may vary depending on the source and type of data, the purpose and scope of use, and the terms and fees of the license agreement. Some common market data licensing restrictions for individuals are: * Attribution: The licensee must acknowledge the source of the data and respect any trademarks or copyrights of the licensor. * Non-commercial use: The licensee must use the data only for personal, educational, or research purposes and not for any commercial or business activities. * No redistribution: The licensee must not share, sell, or publish the data or any derived products or services to any third parties without the licensor’s permission. * No modification: The licensee must not alter, manipulate, or combine the data with other data sources without the licensor’s permission. * No reverse engineering: The licensee must not attempt to access, extract, or recreate the underlying methods, algorithms, or systems of the licensor that produce or process the data. * No warranty: The licensee must accept the data as is and acknowledge that the licensor does not guarantee the accuracy, completeness, timeliness, or suitability of the data for any purpose. Individual market data licensing restrictions are intended to protect the rights and interests of the licensor and to prevent unauthorized or improper use of the data. Licensees should carefully read and understand the license agreement before using any market data. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://hawkalpha.gitbook.io/what-is-hawkalpha/alpaca-broker/regarding-market-data-licensing.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.