Legal Notices

The information on this internet portal is subject to regular review and updating by Commerz Markets. However, some details may have changed since the last update. We therefore accept no liability for the accuracy, completeness or topicality of the information provided on this site or any other site to which hyperlinks are provided. Neither Commerz Markets nor Commerzbank AG is responsible for the content of any external websites linked to in this way.

Investment products offered through Commerz Markets are not FDIC insured or insured by any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

Terms of Use

Please read these terms and conditions carefully. By accessing this web site and any pages hereof, you are indicating that you have read these Terms of Use and that you agree to be bound by them. If you do not agree to these Terms of Use, do not access this web site. Commerz Markets reserves the right to change these Terms of Use from time to time and your continued use of this web site constitutes your agreement to all such changes.

General Information

Certain sections or pages of this web site may contain separate terms and conditions which are in addition to these Terms of Use. You should read those additional terms and conditions carefully. By accessing such sections or pages, you agree to be bound by those additional terms and conditions. In the event of a conflict, those additional terms and conditions will govern your use of those sections or pages.

Unauthorized use of Commerz Markets' web site and systems, including, but not limited to, unauthorized entry into Commerz Markets' systems, misuse of passwords or misuse of any other information, is strictly prohibited. You may not use this web site in any manner that could damage, disable, overburden, or impair the Commerz Markets web site or services or interfere with any other party's use and enjoyment of the Commerz Markets web site or services. You may not attempt to gain unauthorized access to the Commerz Markets web site or services, computer systems or networks connected to the Commerz Markets web site or services, through hacking, password mining or any other means. You agree that you will not engage in any activities related to this web site that are contrary to applicable laws or regulations.

Commerz Markets reserves the right, in its sole discretion, without any obligation and without any notice requirement, to change, improve or correct the information, materials and descriptions on this web site and to suspend and/or deny access to this web site for scheduled or unscheduled maintenance, upgrades, improvements or corrections. The information and materials on this web site may contain typographical errors or inaccuracies. Any dated information is published as of its date only, and Commerz Markets does not undertake any obligation or responsibility to update or amend any such information. Commerz Markets may discontinue or change any product or service described in or offered on this web site at any time.

Disclaimer of Warranty and Limitation of Liability

The information, products and services on this web site are provided on an "AS IS," "WHERE IS" and "WHERE AVAILABLE" basis. Commerz Markets does not warrant the information or services provided herein or your use of this web site generally, either expressly or impliedly, for any particular purpose and expressly disclaims any implied warranties, including but not limited to, warranties of title, non-infringement, merchantability or fitness for a particular purpose. Commerz Markets will not be responsible for any loss or damage that could result from interception by third parties of any information or services made available to you via this web site. Although the information provided to you on this web site is obtained or compiled from sources believed to be reliable, Commerz Markets cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither Commerz Markets nor any of its directors, managers, officers or employees, nor any third party vendor, will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this web site, or resulting from the act or omission of any other party involved in creating or assembling this web site, the data contained herein or the products or services offered on this web site available to you, or from any other cause relating to your access to, inability to access, or use of the web site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of Commerz Markets or of any vendor providing software or services. In no event will Commerz Markets or any such parties be liable to you, whether in contract or tort, for any direct, special, indirect, consequential or incidental damages or any other damages of any kind even if Commerz Markets or any other such party has been advised of the possibility thereof. This limitation on liability includes, but is not limited to, the transmission of any viruses which may infect a user's equipment, failure of mechanical or electronic equipment or communication lines, telephone or other interconnection problems (e.g., you cannot access your internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure. Commerz Markets cannot and does not guarantee continuous, uninterrupted or secure access to this web site.

Proprietary Rights

All right, title and interest in this web site and any content contained herein is the exclusive property of Commerz Markets, except as otherwise stated. Unless otherwise specified, this web site is for your personal and non-commercial use only and you may print, copy and download any information or portion of this web site for your personal use only. You may not modify, copy, distribute, transmit, display, reproduce, publish, license, frame, create derivative works from, transfer, or otherwise use in any other way for commercial or public purposes in whole or in part any information, software, products or services obtained from this web site, except for the purposes expressly provided herein, without Commerz Markets’ prior written approval. If you copy or download any information or software from this web site, you agree that you will not remove or obscure any copyright or other notices or legends contained in any such information.

Any trademarks and service marks of Commerz Markets referenced herein are trademarks and service marks of Commerz Markets. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. You are prohibited from using any marks for any purpose including, but not limited to use as metatags on other pages or sites on the World Wide Web without the written permission of Commerz Markets or any such third party which may own the marks.

Use of Links

This web site contains links to third party web sites. These links are provided only as a convenience. The inclusion of any link is not and does not imply an affiliation, sponsorship, endorsement, approval, investigation, verification or monitoring by Commerz Markets of any information contained in any third-party web site. In no event will Commerz Markets be responsible for the information contained on that site or your use of or inability to use such site. You should also be aware that the terms and conditions of such site and the site's privacy policy may be different from those applicable to your use of this web site.

Securities Products

None of the information contained in this web site constitutes a recommendation, solicitation or offer by Commerz Markets or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. The information contained in this web site has been prepared without reference to any particular user's investment requirements or financial situation. Certain transactions give rise to substantial risk and are not suitable for all investors. Prior to the execution of any transaction by you involving information you received from this web site, you should consult your business advisor, attorney and tax and accounting advisors with respect to the price, suitability, value, risk or other aspects of any stock, security or other investment. Pricing and other information generated through the use of data or services made available herein may not reflect actual prices or values that would be available in the market at the time provided or at the time that the user may want to purchase or sell a particular security or other instrument. The information and services provided on this web site are not provided to and may not be used by any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or regulatory or self-regulatory organization or clearing organization or where Commerz Markets is not authorized to provide such information or services. Some products and services described in this web site may not be available in all jurisdictions or to all clients.

Choice of Law

These Terms of Use shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflicts of laws provisions. Sole and exclusive jurisdiction for any action or proceeding arising out of or related to these Terms of Use shall be in an appropriate state or federal court located in the County of New York, State of New York. Any cause of action you may have with respect to your use of this web site must be commenced within one (1) year after the claim or cause of action arises. If for any reason a court of competent jurisdiction finds any provision of these Terms of Use, or a portion thereof, to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to affect the intent of these Terms of Use, and the remainder of these Terms of Use shall continue in full force and effect. A printed version of these Terms of Use is admissible in judicial or administrative proceedings.

Data Protection

Basic principles

Your trust is important to us. Commerzbank AG takes the protection of your personal data very seriously and complies with all data protection regulations. Personal data is collected, processed and used only when the person concerned has given their consent, when the data is necessary for the conclusion of a contract or when a law permits or prescribes the collection, processing or use of the data.

Data processing on the websites

Personal data is collected to the extent that is technically necessary. Under no circumstances is the data forwarded to third parties without the consent of those concerned. The following statements give you an overview of how Commerzbank AG guarantees this protection and also an overview of the type of data that is collected, processed or used on the websites and for which purpose.

Logging

Commerzbank AG automatically collects and stores some of the information usually transferred by the browser in their server log files, as far as your browser makes this data available. This data cannot be connected with specific persons by Commerzbank AG. This data is not combined with other data sources.

Cookies

Our websites occasionally use cookies when you visit them. Cookies are small text files which are stored on your computer and saved by your browser. They help to make the service we provide user-friendly, effective and safe. Passwords are not stored in cookies. Most of the cookies we use are so-called session cookies. They are automatically reset at the end of your visit as soon as you log out. After you have ended the session by closing your browser, the cookie is saved for a certain amount of time and is subsequently overwritten or deleted by the client (i.e. your PC, tablet, for example). Our cookies do not cause any damage to your computer and do not contain any viruses.

Webtracking

Data is collected and stored on our Web sites anonymously using web-controlling technologies and solely for optimization purposes. This data is used to create user profiles under a pseudonym. Cookies can also be used for this purpose; however, the data is collected and stored solely in pseudonymized form. The data is not used to identify the visitors to the website personally, and will not be linked to the data relating to the bearer of the pseudonym. You can configure your browser in such a way that you are informed as soon as cookies are created, so you can refuse them, if necessary. You can also prevent the installation of cookies by selecting the appropriate settings on your browser. However, you might not be able to make full use of all the functions on this website. No personal data whatsoever is stored. The IP address will be made unrecognizable and will not enable any inferences to be made about the visitor of the web site.

Collection, processing and use of personal data

We will ask you to provide your name, address and e-mail address in an order form, so that we can send you the publications or newsletters offered on our website, or which you have ordered. This data is stored and used solely for the purpose of sending you the desired information. It will not be passed on to third parties. By entering your data (name, address, e-mail address) in the form, you give us your consent to store and to use the data to send you the information. The personal data you enter to receive the newsletter is stored until you cancel your subscription.

Right to information

You have the right to receive information about your personal data, the recipients thereof and the purpose for which the data is processed. Furthermore, we are available to answer your questions about the collection, processing and use of your personal data. Should you require information that this privacy statement cannot provide, or should you require further information regarding a certain point, please contact the Commerzbank AG data protection officer. You can find the Commerzbank address in the legal notice.