Indices Disclaimer

Nikkei Stock Average(Nikkei 225)

The Nikkei Stock Average is a copyrighted index calculated by a method independently developed by Nikkei Inc. Nikkei Inc holds the copyright, the intellectual property rights, and all other rights associated with the Nikkei Stock Average itself and the method of calculating Nikkei Stock Average. Business of Equity Index Daily Futures contracts, the underlying assets of which are the Nikkei Stock Average ("Nikkei 225 Daily Futures contracts with Reset Date"), and the enforcement of trading regulations for such contracts shall be managed under the responsibilities of Tokyo Financial Exchange Inc. ("TFX") and its Trading Members, and Nikkei Inc shall not assume any obligations or responsibilities thereof. In operating Nikkei 225 Daily Futures contracts with Reset Date, TFX is responsible for calculating and publishing the ex-dividend prices of stocks used in the Nikkei Stock Average, which are required for Nikkei 225 Daily Futures contracts with Reset Date. Nikkei Inc has the right to change component stocks in the Nikkei Stock Average, the method of calculation, and other details of the Nikkei Stock Average, and to discontinue the publication of the Nikkei Stock Average. Nikkei Inc shall not be obligated to continuously publish the Nikkei Stock Average, and shall not be liable for any errors, delay or discontinuation of publication.

Dow Jones Industrial Average

The "Dow Jones Industrial Average" is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and Dow Jones Trademark Holdings, LLC, and has been licensed for use by TFX. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings, LLC ("Dow Jones"). DJIA®, The Dow®, Dow Jones® and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings, LLC. The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by TFX. DJIA Daily Futures contract with Reset Date are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices") or Dow Jones Trademark Holdings, LLC. Neither S&P Dow Jones Indices nor Dow Jones Trademark Holdings, LLC make any representation or warranty, express or implied, to the owners of the DJIA Daily Futures contract with Reset Date or any member of the public regarding the advisability of investing in securities generally or in DJIA Daily Futures contract with Reset Date particularly or the ability of the Dow Jones Industrial Average to track general market performance. S&P Dow Jones Indices and Dow Jones Trademark Holdings, LLC only relationship to TFX with respect to the Dow Jones Industrial Average is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Dow Jones Industrial Average is determined, composed and calculated by S&P Dow Jones Indices or Dow Jones Trademark Holdings, LLC without regard to TFX or the DJIA Daily Futures contract with Reset Date. S&P Dow Jones Indices and Dow Jones Trademark Holdings, LLC have no obligation to take the needs of TFX or the owners of DJIA Daily Futures contract with Reset Date into consideration in determining, composing or calculating the Dow Jones Industrial Average. Neither S&P Dow Jones Indices nor Dow Jones Trademark Holdings, LLC are responsible for and have not participated in the determination of the prices, and amount of DJIA Daily Futures contract with Reset Date or the timing of the issuance or sale of DJIA Daily Futures contract with Reset Date or in the determination or calculation of the equation by which DJIA Daily Futures contract with Reset Date is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices and Dow Jones Trademark Holdings, LLC have no obligation or liability in connection with the administration, marketing or trading of DJIA Daily Futures contract with Reset Date. There is no assurance that investment products based on the Dow Jones Industrial Average will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.
NEITHER S&P DOW JONES INDICES NOR DOW JONES TRADEMARK HOLDINGS, LLC GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE DOW JONES INDUSTRIAL AVERAGE OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES AND DOW JONES TRADEMARK HOLDINGS, LLC SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES AND DOW JONES TRADEMARK HOLDINGS, LLC MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY TFX, OWNERS OF THE DJIA DAILY FUTURES CONTRACT WITH RESET DATE, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE DOW JONES INDUSTRIAL AVERAGE OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES OR DOW JONES TRADEMARK HOLDINGS, LLC BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND TFX, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES."

NASDAQ-100

Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®, NDX® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Tokyo Financial Exchange, Inc.. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Russell 2000

“Russell®” is a trade mark of Frank Russell Company (“Russell”). All rights in the Russell® 2000 (the “Index”) vest in Russell or its licensors. Neither FTSE nor Russell nor any of their affiliates or licensors: (a) assumes any liability, losses, damages, expenses or obligations in connection with any derivative product based on the Index; or (b) accepts any liability for any errors or omissions, fitness for a particular purpose or the results to be obtained from the use of the Index or related data. No party may rely on the Index or related data contained in this communication which Index and data is owned by FTSE or Russell or their affiliates. No use or distribution of the Index is permitted without FTSE’s or Russell’s express written consent. Neither FTSE nor Russell promotes, sponsors or endorses the content of this communication nor any financial or derivative product that it relates to.

DAX®

DAX® is a registered trademark of Qontigo Index GmbH, part of Deutsche Börse Group. This financial instrument is neither sponsored nor promoted, distributed or in any other manner supported by Qontigo Index GmbH and Deutsche Börse Group (collectively, the "Licensor"). The Licensor does not give any explicit or implicit warranty or representation, neither regarding the results deriving from the use of the Index and/or the Index Trademark nor regarding the Index value at a certain point in time or on a certain date nor in any other respect. The Index is calculated and published by the Licensor. Nevertheless, as far as admissible under statutory law the Licensor will not be liable vis-à-vis third parties for errors in the Index. Moreover, there is no obligation for the Licensor vis-à-vis third parties, including investors, to point out potential in the Index Neither the publication of the Index by the Licensor nor the granting of a license regarding the Index as well as the Index Trademark for the utilization in connection with the financial instrument or other securities or financial products, which derived from the Index, represents a recommendation by the Licensor for a capital investment or contains in any manner a warranty or opinion by the Licensor with respect to the attractiveness on an investment in this product. In its capacity as sole owner of all rights to the Index and the Index Trademark the Licensor has solely licensed to the issuer of the financial instrument the utilization of the Index and the Index Trademark as well as any reference to the Index and the Index Trademark in connection with the financial instrument.

FTSE100

“FTSE® ” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited (“FTSE”) under licence. All rights in the FTSE® 100 (the “Index”) vest in FTSE or its licensors. Neither FTSE nor Russell nor any of their affiliates or licensors: (a) assumes any liability, losses, damages, expenses or obligations in connection with any derivative product based on the Index; or (b) accepts any liability for any errors or omissions, fitness for a particular purpose or the results to be obtained from the use of the Index or related data. No party may rely on the Index or related data contained in this communication which Index and data is owned by FTSE or Russell or their affiliates. No use or distribution of the Index is permitted without FTSE’s or Russell’s express written consent. Neither FTSE nor Russell promotes, sponsors or endorses the content of this communication nor any financial or derivative product that it relates to.