Home Corporate Governance Legal Disclaimer and Terms of Use Please read these terms and conditions carefully. By continuing to access this web site and any pages hereof, you are indicating that you have read and agreed to these Terms of Use. If you do not agree to these Terms of Use, do not continue to access this web site. Maxcor reserves the right to change these Terms of Use at anytime and your continued use of this web site constitutes your agreement to all such changes. As used herein, Maxcor means Maxcor Financial Group Inc. and its affiliates. General Information This web site is comprised of various web sites operated by Maxcor (collectively, this “web site”). Certain sections of or pages on 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. Unauthorized use of Maxcor’s web site and systems, including, but not limited to, unauthorized entry into Maxcor’s 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 any Maxcor site or service or interfere with any other party’s use and enjoyment of any Maxcor site or service. You may not attempt to gain unauthorized access to any Maxcor site or service, computer systems or networks connected to any Maxcor site or service, 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. Maxcor 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 Maxcor does not undertake any obligation or responsibility to update or amend any such information. Maxcor 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. Maxcor 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. Maxcor 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 we believe to be reliable, Maxcor 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 Maxcor, nor any of its affiliates, directors, 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 making this web site, the data contained herein or the products or services offered on this web site, 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 Maxcor or of any vendor providing software or services. In no event will Maxcor 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 Maxcor 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 interconnect problems (e.g., you cannot access your internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure. Maxcor 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 Maxcor, 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, perform, 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 Maxcor’s 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. Maxcor, the Maxcor logo and other Maxcor trademarks and service marks referenced herein are trademarks and service marks of Maxcor and Euro Brokers. 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 Maxcor or such third party, which may own the marks. Pursuant to Section 512(c)(2) of the Copyright Act, Maxcor designates the following agent to receive notifications of claimed infringement: Roger Schwed, General Counsel, Maxcor, One Seaport Plaza, 19th Floor, New York, New York 10038; fax: (646) 346-7206. 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 Maxcor of any information contained in any third party web site. In no event shall Maxcor 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 Maxcor 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, mutual fund, 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 Maxcor 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. Forward-Looking Statements Certain statements contained in this web site and the pages hereof contain and incorporate by reference forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Wherever possible, we have identified these forward-looking statements by words such as “believes,” “anticipates,” “expects,” “may,” “intends” and similar phrases. Such forward-looking statements, which describe our current beliefs concerning future business conditions and the outlook for our company and business, are subject to significant uncertainties, many of which are beyond our control. Actual results or performance could differ materially from that which we expect. Uncertainties include factors such as: market and economic conditions, including the level of trading volumes in the instruments we broker and interest rate volatilities; the effects of any additional terrorist acts or acts of war and governments’ military and other responses to them; the success of our technology development and deployment; the status of our relationships with employees, clients, business partners, vendors and clearing firms; possible third-party litigations or regulatory actions against us or other unanticipated contingencies; the scope of our trading gains and losses; the actions of our competitors; and government regulatory changes. For a more complete description of these and additional uncertainties, reference is made to our public filings, which can be accessed at no charge through the SEC’s web site at http://www.sec.gov or under the “Investor Relations” tab of this web site. The forward-looking statements made herein are only made as of the date such statements were made, and we undertake no obligation to publicly update such forward-looking statements to reflect new information or subsequent events or circumstances. Use in the United Kingdom (UK) This web site has been approved by the London branch of our subsidiary Maxcor Financial Inc. and by our subsidiary Euro Brokers Limited, solely for the purposes of Section 21 of the Financial Services and Markets Act of 2000. International Use Other Than in the UK Other than as described directly above, Maxcor makes no representation that materials on this site are appropriate or available for use in locations outside the United States, and accessing them from territories where their contents are illegal is prohibited. Those who choose to access this site from other locations do so on their own initiative and are responsible for compliance with local laws. Privacy Policy See the Maxcor Privacy Policy for information relating to the collection and use of your personal information. 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. THE PARTIES UNCONDITIONALLY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL. 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 give effect to the intent of these Terms of Use, and the remainder of these Terms of Use shall continue in full force and effect. These Terms of Use constitute the entire agreement between Maxcor and you with respect to this site and supersede all prior or contemporaneous communications, agreements and understandings between Maxcor and you with respect to the subject matter hereof. A printed version of these Terms of Use shall be admissible in judicial or administrative proceedings. 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