Please read this Terms of Registration carefully. Access to this website is confirmation that you have read, understood and accepted the following terms.

• The Terms of Registration apply to you and to any other person on whose behalf you read these pages.
• It is your responsibility to draw the contents of this page to the attention of anyone who may gain access in any way through you to other pages on this site without first reading this page.

The information and services contained on this site, which are administered by Liffe Administration and Management (referred to as "Liffe" or the "Exchange" throughout), contain a selection of material concerning Liffe, the market it administers (known as the "Liffe market") and the contracts which are traded on the Liffe market. The material is for information only and does not constitute investment advice. The Exchange reserves the right to amend, add to or remove any or all of the Liffe pages without notice and to refer the reader to other sites on the World Wide Web. Please note that these pages may include information provided by organisations other than Liffe.

Warning

The reader must be satisfied that he or she may lawfully access the Liffe pages, read them and/or act upon the material in them. The Exchange accepts no responsibility for the decisions made by the reader in this respect.

Disclaimer

The Exchange accepts no responsibility and shall not be liable (except as required by law) for the use of this website, the contents of the Liffe pages or for any reliance placed by any person on any information in them. Nor does the Exchange:

• represent that the information selected for the Liffe pages is comprehensive, complete, verified or accurate;
• intend in any country, directly or indirectly, to solicit business or offer any contract to any person through the medium of the Liffe pages;
• accept any responsibility or liability for: enabling the reader to link to another site in the World Wide Web; the contents of any other site, whether one from which you have been linked to the Liffe site or to which you may link from here; or any consequence from gaining access to or acting upon the contents of another site.

Regulatory Disclosure

Liffe Administration and Management ("Liffe") is a Recognised Investment Exchange under English law. In addition, it is a regulated market of the European Economic Area (in relation to products covered by the European Union’s Investment Services Directive) and, as such, appears on the list of such markets published in the Official Journal of the European Communities.

The information in this web site is made available free of charge. This web site is for information only and does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction. This website is not directed at or intended for publication or distribution to any person in any jurisdiction where doing so would result in contravention of any applicable laws or regulations. It is the responsibility of the individual user to consider his legal and regulatory position in the relevant jurisdiction, the risks associated with trading such products and to ensure that the use of this information and subsequent making of any investment does not contravene any such restrictions or applicable laws and regulations of any jurisdiction. In particular, this website is not for distribution in the United States of America and the information which it contains is not intended for US persons. Persons who are not entitled to receive such information should ignore it.

Liffe offers services direct to members of the Liffe market. Those wishing either to trade in any products available on the Liffe market or to offer and sell any such products to others should consider both their legal and regulatory position in the relevant jurisdiction and the risks associated with such products before doing so. In particular, Universal Stock Futures are currently not available for sale to United States persons.

You should always bear in mind that:

• the value of investments and any income from them may go down as well as up. You may not get back all of your original investment.
• past performance is not necessarily a guide to future performance.
• rates of exchange may cause the value of underlying investments to go up or down.
• tax arrangements may change.
• all stock market based investment is exposed to a degree of risk.

Copyright Notice

All proprietary rights and interest in this publication shall be vested in Liffe and all other rights including, but without limitation, patent, registered design, copyright, trademark, service mark, connected with this publication shall also be vested in Liffe.

Liffe CONNECT™ is a trademark of Liffe Administration and Management.

No part of this site may be redistributed or reproduced in any form or by any means or used to make any derivative work (such as translation, transformation, or adaptation) without written permission from Liffe.