Rule Book
 

6 Liability

6.1 Liability of the Exchange

1 With the exception of intent and gross negligence on the part of its bodies or employees, the Exchange shall not be liable for the loss or damage that a participant, its clients or third parties might sustain from actions or omissions by the Exchange. Specifically, the Exchange shall bear no liability for the damage or loss as a result of:

  1. measures taken by the Exchange in special situations;
  2. orders issued by the Exchange;
  3. the full or partial unavailability of the exchange system, the clearing and settlement infrastructure or other technical problems;
  4. incorrect or incomplete data processing or distribution;
  5. improper manipulation by participants or third parties;
  6. the interruption or termination of participation or the suspension or exclusion of a participant; or
  7. the rejection of a trade by a central counterparty.

2 The Exchange shall accept no liability for claims extending beyond direct losses, for example compensation for indirect losses or consequential losses such as lost profit or additional expenses.




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