CME Website Terms of Use
Last updated 7/23/2024

1. Acceptance of Terms. These terms of use are entered into between you and Chicago Mercantile
Exchange Inc. (“CME,” “we,” “our,” or “us”) the following terms and conditions, together withany documents expressly incorporated by reference (collectively “Terms of Use”) govern youraccess and use of https://www.cmegroup.com, including any content, functionality offeredthrough or on www.cmegroup.com and the Systems and Services (“Website”), whether as aguest or registered user. By accessing, viewing or using any page, part or component of theWebsite, you have indicated your acknowledgement and acceptance of these Terms of Use. Ifyou do not agree to these Terms of Use, do not access or use the Website.
2. IMPORTANT NOTICE REGARDING DISPUTE RESOLUTION. BY ACCESSING OR USING THE
WEBSITE AND ACCEPTING THESE TERMS OF USE, YOU AND WE ARE AGREEING TO RESOLVEANY DISPUTE BETWEEN US ARISING OUT OF OR RELATING TO (A) YOUR ACCESS OR USE OFTHE WEBSITE OR (B) THE TERMS OF USE THROUGH A DISPUTE RESOLUTION PROCEDUREDESCRIBED IN SECTION 19 BELOW. YOU AND WE WAIVE THE RIGHT TO BRING ORPARTICIPATE IN A CLASS ACTION IN CONNECTION WITH SUCH DISPUTES. PLEASE REVIEWCAREFULLY SECTION 19 TITLED “INFORMAL DISPUTE RESOLUTION PROCEDURE, ARBITRATIONAGREEMENT AND CLASS ACTION WAIVER” BELOW FOR DETAILS REGARDING THIS DIPSUTERESOLUTION PROCEDURE.
3. Systems and Services. “Systems” are any of the existing and future electronic systems,
applications, APIs and platforms through which CME and its affiliates make the Services
available to you including, without limitation, Globex, CME Direct, CME One, Straight-ThroughProcessing and ClearPort. “Services” are any of the existing and future services offered to you by
CME or its affiliates and any content including, without limitation, execution, clearing, market
data distribution, risk management, margin estimation, connectivity, trade confirmation,messaging, hosting and repository services. You may be required to create an account andspecify a password in order to use certain Services and/or Systems. To create an account, youmust be at least 18 years old and provide truthful and accurate information about yourself.
4. Updates. CME may in its sole discretion make unscheduled deployments of changes, updates orenhancements to the Website at any time, add or remove functionality or features, and may
discontinue the Website altogether but we are under no obligation to update the Website.
5. Violations. We may disable any user name, password, or other identifier, whether chosen by
you or provided by us, or modify, suspend or terminate operation of or access to the Website,or any portion of the Website, at any time in our sole discretion for any or no reason, including
if, in our opinion, you have violated any provision of these Terms of Use.
6. Your Responsibilities. You are responsible for your use of the Website and you must: (i) use asecure and nonobvious password to access them; (ii) treat the user name, password and anyother piece of information you receive as part of our security procedures as confidential and notshare them with any other person; (iii) notify us immediately of any unauthorized access to oruse of your user name or password or any other breach of security; (iii) periodically change yourpassword; (iv) log out after each session; (v) install the most recent security patches andupdates for your web browser; and (vi) not alter, corrupt, hack, or violate any computer code
affecting the security and access controls of the Website.
7. CME Reliance on Information You Submit as True, Complete and Accurate. CME relies upon
the information you submit via the Website or Systems for its regulatory and reporting
requirements. You therefore agree to submit only true, complete, and accurate information toCME at all times.
8. Restrictions. You agree that:(i) Your usage of the Website will not violate any laws or interfere with the Website or anyfeatures on the Website.
(ii) You may not upload to the Website any information which contains viruses, Trojan
horses, worms, time bombs or other computer programming routines that are intended
to damage or interfere with the Website or that infringes the intellectual property rightsof another.
(iii) You may not use the Website for any purpose that is unlawful or prohibited by theseTerms of Use, or to solicit the performance of any illegal activity or other activity whichinfringes the rights of CME or others.
(iv) You may not take any malicious action that imposes a large load on the infrastructure ofthe Website or any networks connected to the Website.
(v) You may not attempt to gain unauthorized access to any portion or feature of theWebsite, or any networks connected to the Website or to any CME infrastructure.
(vi) Your use of any data, databases, directories content, information or materials (including
associated metadata) on the Website in any manner for any machine learning and/or
artificial intelligence, including without limitation for the purposes of training, coding, ordevelopment of artificial intelligence technologies, tools, or solutions or machinelearning language models, or otherwise for the purposes of using or in connection withthe use of such technologies, tools, or models to generate any information, material,data, derived works, content, or output is expressly prohibited.
9. Privacy. To access the Website or some of the resources they offer, you may be asked toprovide certain registration details or other information. You are responsible for ensuring that
all the information you provide to us on the Website is correct, current, and complete. You canedit any of your personal information or preferences in your Profile. All information we collecton the Website, including all information you provide to register with the Website or otherwise,including but not limited to the use of any interactive features on the Website, is handled inaccordance with, and explained in further detail in our Privacy Notice located at the Privacy
Center. You also may have certain rights in relation to the information we collect underapplicable law as set out in our Privacy Notice.
10. Rules. Your use of the Website is subject to the rules contained within the applicable rulebook
located at https://www.cmegroup.com/market-regulation/rulebook.html (“Rules”).
11. Links to Third Party Sites. If the Website contains links to other sites and resources provided bythird parties, these links are provided for your convenience only including any links contained inadvertisements, banner advertisements and sponsored links. We have no control over thecontents of those sites or resources, and accept no responsibility for them or for any loss ordamage that may arise from your use of them. If you decide to access any of the third-party

websites linked to this Website, you do so entirely at your own risk and subject to the terms andconditions of use for such websites.

12. Proprietary Rights. The Website and their entire contents, features, and functionality(including but not limited to all information, software, text, displays, images, video, and audio,
and the design, selection, and arrangement thereof) are owned by CME, its licensors, or otherproviders of such material and are protected by United States and international copyright,
trademark, patent, trade secret, and other intellectual property or proprietary rights laws.
Subject to your compliance with these Terms of Use and the Rules, CME grants to you apersonal, nonexclusive, limited, revocable, non-transferable, non-sublicensable license to use
the Website. Except as expressly authorized by CME, you agree not to sell, copy, distribute, orcreate derivative works based on the Website, in whole or in part.
13. Copyright Infringement Claims. We respect the intellectual property rights of others, andrequire that the people who use this Website do the same. CME is registered as a service
provider with the United States Copyright Office. If you believe that your work has been copiedin a way that constitutes copyright infringement, you may send a notification of the claimed
infringement to CME's Designated Copyright Agent, designated as such pursuant to the Digital
Millennium Copyright Act, 17 U.S.C. § 512(c)(2) (the "DMCA"), named below:
Joseph V. Norvell
Norvell IP llc
P.O. Box 2461
Chicago, Illinois 60690
Phone: 888-315-0732
Email: dmca@norvellip.com
Pursuant to the DMCA, your notification must include:
i. Your name, address, telephone number, and email address;
ii. Identification of the copyrighted work that you claim has been infringed;iii. Identification of the precise location where the alleged infringing material is located,such as the URL or other location of the materials claimed to be infringing;iv. A statement by you, the complaining party, that you have a good faith belief that thedisputed use is not authorized by the copyright owner, its agent, or the law;v. A statement by you, made under penalty of perjury, that the above information in yournotice is accurate and that you are the copyright owner or authorized to act on thecopyright owner's behalf; andvi. An electronic or physical signature of the owner of the copyright, or a person authorized
to act on behalf of the owner of the copyright.
CME has adopted a policy to identify users who have repeatedly been the subject ofinfringement claims. As part of this policy, CME may in its sole discretion suspend, disable,
and/or terminate services provided to or the accounts of users who have been identified as
repeat infringers, or for any other related reasons as determined by CME.
14. Disclaimer of Warranties. NEITHER CME NOR ANY AFFILIATE OF CME (EACH A “CME GROUPENTITY”) NOR ANY OTHER EXCHANGES WHOSE PRODUCTS MAY BE TRADED OR CLEARED USINGTHE WEBSITE (EACH A “PARTICIPATING EXHANGE”) NOR ANY OF THEIR RESPECTIVE OFFICERS,DIRECTORS, MEMBERS, EMPLOYEES, AGENTS, CONSULTANTS OR LICENSORS (EACH A “RELATEDPARTY”) MAKE ANY REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE WEBSITE ANDEACH HEREBY DISCLAIMS AND SHALL HAVE NO LIABILITY FOR ALL REPRESENTATIONS ANDWARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION TO THE NONINFRINGEMENT, QUALITY OF THE WEBSITE OR ITS MERCHANTABILITY AND FITNESS FOR APARTICULAR PURPOSE, UNINTERRUPTED SERVICE OR ERROR-FREE SERVICE, OR THE SEQUENCE,TIMELINESS, ACCURACY OR COMPLETENESS OF THE WEBSITE. THE WEBSITE IS PROVIDED ON AN“AS IS” BASIS AT YOUR SOLE RISK. YOU ACKNOWLEDGE THAT: (I) YOU MAY EXPERIENCEINERRUPTIONS OR ERRORS ON THE WEBSITE; AND (II) THE WEBSITE MAY, FROM TIME TO TIME,BE TEMPORARILY UNAVILABLE. YOUR SOLE REMEDY AGAINST CME FOR DISSATISFACTION WITHTHE WEBSITE IS TO STOP USING THE WEBSITE.
15. Exclusion of Incidental, Consequential, and Certain Other Remedies. TO THE MAXIMUMEXTENT PERMITTED BY LAW, IN NO CIRCUMSTANCES SHALL ANY CME GROUP ENTITY OR ANYPARTICIPATING EXCHANGE OR ANY OF THEIR RESPECTIVE RELATED PARTIES BE LIABLEHEREUNDER TO YOU OR TO OTHERS DIRECTLY OR INDIRECTLY MAKING USE OF THE WEBSITE,FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIALDAMAGES, INCLUDING LOST PROFITS, ARISING UNDER THESE TERMS OF USE, EVEN IF CME HASBEEN ADVISED OF THE POSSIBILITY THEREOF AND EVEN IF DUE TO CME’S ERROR, OMISSION, ORNEGLIGENCE.
16. Limitation of Liability and Remedies. TO THE MAXIMUM EXTENT ALLOWABLE BY LAW, IN NOCIRCUMSTANCES SHALL ANY CME GROUP ENTITY OR ANY PARTICIPATING EXHANGE OR ANY OFTHEIR RESPECTIVE RELATED PARTIES BE LIABLE FOR ANY (A) DELAY, INACCURACIES, ERRORS,OMMISSIONS OR INTERUPTUION OF ANY KIND IN RELATION TO THE WEBSITE OR FOR ANYRESULTING LOSS OR DAMAGE; OR (B) LOSS OR DAMAGE ARISING FROM UNAUTHORIZEDACCESS TO OR MISUSE OF THE WEBSITE. TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NOEVENT SHALL THE AGGREGATE LIABILITY OF ANY CME GROUP ENTITY OR ANY PARTICIPATINGEXCHANGE OR ANY OF THEIR RESPECTIVE RELATED PARTIES HEREUNDER EXCEED THE LESSEROF: (A) THE FEES PAID TO CME BY YOU HEREUNDER IN THE TWELVE (12) MONTHSIMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM; OR (B) FIFTY US DOLLARS($50), REGARDLESS OF WHETHER SUCH DAMAGES ARE BASED IN CONTRACT, TORT, STRICTLIABILITY, OR OTHERWISE. THIS LIMITATION SHALL SURVIVE FAILURE OF ESSENTIAL PURPOSE OF
ANY REMEDIES THAT MAY BE PROVIDED IN THESE TERMS OF USE.
17. Unauthorized Access. Access to and use of the Website is restricted to authorized users only.
Unauthorized individuals attempting to access the Website may be subject to prosecution.
18. Notice. Notice to you may be made via email, fax, or certified or registered mail, return receipt
requested, to your most current address on record. CME may also provide notices of changes tothese Terms of Use or other matters by providing a click through screen on the Systems. Youmay give notice to CME by email at Legalnotices@cmegroup.com, or certified or registered mail,return receipt requested, to Chicago Mercantile Exchange Inc., 20 South Wacker Drive, Chicago,
IL 60660, to the attention of the General Counsel.

19. Modification of Terms. CME may, in its sole discretion, change or update these Terms of Use at
any time with or without notice to you. Your continued use of the Website after any suchchanges to these Terms of Use will indicate your acceptance of the amended Terms of Use.
20. General Terms. The Terms of Use are the complete and exclusive statement of the agreement
between the parties and supersedes all prior agreements, oral or written, and all othercommunications between the parties concerning the subject matter of these Terms of Use. The
failure of either party to exercise any right or remedy under these Terms of Use or at law shallnot prevent any further exercise of that right or remedy. You may not assign these Terms of Use
without the prior written consent of CME. If any part, term or provision of these Terms of Use isheld illegal, invalid or unenforceable, the validity or enforceability of the remainder of the Termsof Use shall not be affected. These Terms of Use and your use of the Website shall be governedby the internal laws of the State of Illinois, and the federal laws of the United States, without
regard to conflicts of laws principles. The language of the Terms of Use is English and all
obligations under and communications relating to the Terms of Use shall be conducted inEnglish.
21. Informal Dispute Resolution Procedure, Arbitration Agreement, and Class Action Waiver. Anycontroversy or claim arising out of or relating to (a) your access or use of the Website; or (b)these Terms of Use or the breach thereof, shall be settled by arbitration administered by theAmerican Arbitration Association in accordance with its Commercial Arbitration Rules(“Arbitration Agreement”) and judgment on the award rendered by the arbitrator(s) may beentered in any court having jurisdiction thereof. The place of arbitration shall be Chicago,
Illinois. The arbitration shall be in English and shall be governed by the laws of the State ofIllinois. If a party has a dispute that the parties cannot resolve and such party wishes to pursue
arbitration, such party must first send an individualized Notice of Dispute to the email of theother party specified under Section 16 (Notices) above. The Notice of Dispute must contain thename, address, and contact information of the party giving notice, the specific facts giving riseto the dispute and the relief requested, including damages, if any, and a detailed calculation forthem. Your Notice of Dispute also must contain your email address and (if different) the email
address associated with your CME Group account, if you have one. Our Notice of Dispute mustalso be sent to your email address associated with your CME Group account, if you have one,and you consent to receive any such Notice of Dispute as part of these dispute resolution terms.
You and we must include in any Notice of Dispute to each other a personally signed statement(from you or us—not from your or our counsel) verifying the accuracy of the contents of theNotice of Dispute, and if you are represented by counsel, your signed statement authorizingCME to disclose any information regarding your access or use of the Website to your attorney
while seeking to resolve your claim. We each must individualize our Notice of Dispute, meaning
it can concern only our dispute and no other person’s dispute. After receipt of a Notice ofDispute, the parties shall engage in a good faith effort to resolve the dispute for a period of 60days (which can be extended by agreement). You and we agree that, after receipt of thecompleted Notice of Dispute, the recipient may request an individualized telephone or videosettlement conference and both parties will personally attend (with counsel, if represented).
You and we agree that the parties (and counsel, if represented) shall work cooperatively toschedule the conference at the earliest mutually convenient time and to seek to reach aresolution. If you and we do not reach an agreement to resolve the issues identified in theNotice of Dispute within 60 days after the completed Notice of Dispute is received (or a longer
time if agreed to by the parties), you or we may commence an arbitration proceeding as
described above. Any party disputing the enforceability of any portion of this Section 19 mustbring such a claim in federal or state court. Courts shall have the exclusive authority todetermine (i) whether any provision of this Arbitration Agreement should be severed and theconsequences of said severance, (ii) the enforceability of any or all of the procedures set forth in
this Section 19, and (iii) whether you and we have complied with the conditions precedent toarbitration set forth in this Section 19. Class action lawsuits, class-wide arbitrations, private
attorney-general actions, requests for public injunctions, and any other proceeding or request
for relief where someone acts in a representative capacity aren’t allowed. Nor is combining
individual proceedings without the consent of all parties. The parties acknowledge that amaterial breach relating to certain provisions of these Terms of Use may, by its gravity or nature,cause immediate or irreparable injury to CME that cannot be adequately compensated for indamages. Accordingly, notwithstanding anything to the contrary in these Terms of Use, in theevent of any such material breach and in addition to all other remedies available herein, CME
may seek injunctive relief (including a temporary restraining order, preliminary injunction orpermanent injunction) from any court of competent jurisdiction, without posting a bond orother security. You agree that regardless of any statute or law to the contrary, any claim orcause of action arising out of or related to use of the Website or these Terms of Use must befiled within one (1) year after such claim or cause of action arose or be forever barred. With
respect to an unauthorized user there are no time limitations with respect to any action brought
by CME other than the applicable statute of limitations.