Where applicable, the intellectual property rights (including copyright, patents, and trade marks) whether registered or not in this publication shall remain the property of SpiderRock and no customer or other person shall, or shall attempt to obtain any title to such rights. Information appearing in this document is the copyright of SpiderRock and must not be reproduced in any medium without license. Users are permitted to copy some material for their personal use as private individuals only. Users must not republish any part of the data either on another website, or in any other medium, print, electronic or otherwise, or as part of any commercial service without the prior written permission of SpiderRock. If you require any further information on permitted use, or a license to republish any material, email us at learn@spiderrock.net or address your inquiry to Telephone 312-256-9618, Facsimile: 312-256-9640. If you are granted a license to reproduce material you will be required to follow some simple guidelines about the way the information is displayed. An acknowledgement of the source must be included whenever SpiderRock copyright material is copied or published.

SpiderRock shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for the failure of any connection or communication service to provide or maintain your access to the Services, or for any interruption or disruption of such access or any erroneous communication between SpiderRock and you, regardless of whether the connection or communication service is provided by SpiderRock or a third party service provider. SpiderRock shall have no liability, contingent or otherwise, to you or to third parties, for the correctness, quality, accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions, or interruptions in the delivery of the Services and data or for any other aspect of the performance of the Services or for any failure or delay in the execution of any transactions through the Services. In no event will SpiderRock be liable for any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the Services or data even if SpiderRock has been advised of the possibility of such damages. SpiderRock will have no responsibility to inform you of any difficulties experienced by SpiderRock or third parties with respect to the use of the Services or to take any action in connection therewith.

Prices posted on the Services, unless otherwise indicated, are subject to change, are not to be used for valuation purposes, and should not be relied upon for such purposes. Values or prices generated through use of the Services or data made available through the Services are not related to size and, unless otherwise specified, may not reflect actual prices or values that would be available in the market at the time that you may want to purchase or sell a particular security, currency, commodity, option, forward, or other instrument either with or through SpiderRock or any other party. The Services and data are calculated based on historical information and should not be relied upon to predict future values or prices. The Services and data are similar to, but may not be identical to, services and data used by SpiderRock for its internal purposes; and there can be no assurance that the quantitative outputs or other results obtained by use of the Services or data will be the same as those that SpiderRock may obtain from its own pricing models. Even where prices are posted as bids or offers for actual transactions, such prices are subject to change until the execution of any such transaction is completed.

The fact that SpiderRock has made the Services and data available to you constitutes neither a recommendation that you enter into a particular transaction, nor a representation that any product described on the Services is suitable or appropriate for you. Many of the products described on the Services involve significant risks, and you should not enter into any transactions unless you have fully understood all such risks and have independently determined that such transactions are appropriate for you. Any discussion of the risks contained herein with respect to any product should not be considered to be a disclosure of all risks or complete discussion of the risks which are mentioned. You should neither construe any of the material contained herein as business, financial, investment, hedging, trading, legal, regulatory, tax, or accounting advice nor make the Services the primary basis for any investment decisions made by or on behalf of you, your accountants, or your managed or fiduciary accounts, and you may want to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions.

SpiderRock Holdings, LLC (“SpiderRock”) operates in, and offers brokerage and technology services only in jurisdictions where it is duly registered to do so. Brokerage and technology services, products and securities noted on this site apply, unless otherwise specifically stated, only to residents of the United States of America.