Terms of Use of Bourse de Montréal Inc.



<div class="docs-container">
    <h1>Terms of Use of Bourse de Montréal Inc.</h1>

    <p>
        Please read the following Terms of Use and Disclaimer carefully. Access to this website is a confirmation that you have read, understood, and accepted the following terms. If you do not agree with these terms and conditions please leave this website.
    </p>

    <h2>Use of the Contents:</h2>
    <p>
        This website is administered by Bourse de Montréal Inc. (the “Bourse”) and its only purpose is to provide information to the Participants of the Bourse and to the public in general concerning its market and the derivative products that are traded on its exchange. Although the Bourse has taken all necessary measures to ensure the quality and accuracy of the information provided on this website, it can not guarantee that its content is free of any mistake, error or inaccuracy and while such information may have been obtained from sources believed to be reliable, it is provided on an "as is" basis without warranties of any kind.
    </p>
    <p>
        The information provided in this website shall not be interpreted in any jurisdiction as an advice or recommendation concerning investment in any derivative products or underlying security. The information provided shall not be interpreted as a legal, accounting, financial or tax advice and the Bourse recommends that you consult your own experts in accordance with your needs.
    </p>

    <h2>Market Data Services, Listed Products:</h2>
    <p>
        The Bourse does not guarantee the accuracy or completeness of any market information or product information that is displayed on a delayed or real time basis on this website.
    </p>

    <h2>Confidentiality:</h2>
    <p>
        The transmission of information on the Internet can be intercepted by third parties therefore the Bourse will not be responsible for any loss or damage resulting of the interception of confidential information you communicate over the Internet.
    </p>

    <h2>Links:</h2>
    <p>
        The Bourse disclaims any liability or responsibility for any content, information or materials posted on an other site linked directly or indirectly to this website.
    </p>

    <h2>Content Subject to Change:</h2>
    <p>
        The content of this website or of the terms of use may change from time to time without further notice.
    </p>

    <h2>Copyrights, Trade-Marks and Other Intellectual Property:</h2>
    <p>
        The content, information, software and other material ("content") on or available through the Bourse’s website are protected by copyright, trademark and other forms of intellectual property rights. All right, title and interest in and to such content, is owned, licensed or controlled by the Bourse or a third party.
    </p>
    <p>
        The Bourse grants to you a limited non-exclusive license to use any program and to view, copy and print any material on this website for your personal and non-commercial use only. You shall not use, distribute, modify, transmit, the contents of this website or create any link to this website without the Bourse’s prior written permission. Some information in this website can be protected by copyrights, trademarks or other intellectual property rights belonging to the Bourse or to other parties. You shall not be permitted to use any trade-marks displayed on this website without the prior consent of the Bourse or of the third party owning the trade-mark.
    </p>

    <h2>Trading Simulator:</h2>
    <p>
        The Trading Simulator available on this website is provided as an indication tool intended to illustrate and to assist you in learning how options work. It is not intended to provide investment advice or recommendations. Values generated by the Trading Simulator should not be used to make investment decisions. The theoretical calculations made by the Simulator are based on option pricing models. The models used can be approximations and the results they produce can differ depending on the model which is used.
    </p>

    <h2>Option Calculator:</h2>
    <p>
    Terms of Use specific to the Option Calculator can be found <a href="#" onclick="Inovestor.Grid.Utilities.FancyBoxHelper.OpenWithUrl('/Docs/CalculatorLegal'); return false;">here</a>.
    </p>

    <h2>DISCLAIMER:</h2>
    <p>
        NOTWITHSTANDING ANYTHING TO THE CONTRARY, THE BOURSE OR ITS AFFILIATES MAKE NO REPRESENTATION OF ANY KIND AND DISCLAIM ALL WARRANTIES AND REPRESENTATIONS, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION THOSE REGARDING MERCHANTABILITY, NON-INFRINGMENT, ACCURACY, FREEDOM FROM VIRUSES OR FITNESS FOR ANY PARTICULAR PURPOSE OR THOSE ARISING BY LAW OR OTHERWISE.
    </p>

    <h2>LIABILITY:</h2>
    <p>
        UNDER NO CIRCUMSTANCES WILL THE BOURSE, ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, OR AGENTS, BE LIABLE TOWARDS YOU OR ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, PUNITIVE, OR SPECIAL DAMAGES, OF ANY KIND, OR ANY OTHER DAMAGES WHATSOEVER, INCLUDING WITHOUT LIMITATION, THOSE ARISING FROM ANY OMMISSIONS OR ERRORS OF THE BOURSE OR FROM ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON THE CONTENT OF THIS WEBSITE OR THOSE RESULTING FROM LOSS OF USE, DATA OR PROFITS, WHETHER RESULTING FROM THE USE OF OR INABILITY TO USE ANY CONTENT ON THIS WEBSITE.
    </p>
</div>