General Terms and Conditions

Please read these terms carefully. By actively accessing content on the website www.boerse-stuttgart.de and its (sub)pages, you declare your agreement with the validity of these General Terms and Conditions through conclusive behavior. If you do not agree with the following General Terms and Conditions, we kindly ask you to refrain from accessing this website.

1. General Terms of Use for www.traderebel.de

Parts of this website may be protected by copyright. Unless otherwise stated, the copyrights, industrial property rights and other rights to all contents of the website (hereinafter referred to as "Contents") are exclusively and comprehensively held by Boerse Stuttgart GmbH, or Boerse Stuttgart GmbH is the owner of the necessary usage rights. All Contents may be freely used exclusively within the scope of the ordinary access to the website for viewing the Contents with a common browser (hereinafter: "ordinary access").

This website, including source code and the underlying computer program (hereinafter referred to as "Material"), may not be modified, copied, published, distributed or - except in the context of ordinary access - stored by you. The Material may be used exclusively for private, non-commercial purposes in strict compliance with copyright law.

Any further reproduction of Contents in electronic, written or any other form, as well as the transfer to data processing systems, networks and the transfer to third parties requires the prior written consent of Boerse Stuttgart GmbH. This also applies to parts of the Contents.

The inclusion of Contents or parts of Contents in so-called email newsletters or other media serving distribution purposes is strictly prohibited. The establishment of an Internet link (hyperlink) from your own Internet pages to one of the pages belonging to the website is prohibited without prior written consent from Boerse Stuttgart GmbH. In particular, this website or parts of this website may not be integrated into a frame structure ("Frames") by way of so-called framing in such a way that contents of this website and other contents are displayed simultaneously.

Retrieving price information contained on the website in an automated form without the retrieval being initiated by a natural person in each individual case is not permitted. A violation of this provision will automatically lead to the user's right to use the website being forfeited for the future. Boerse Stuttgart GmbH reserves the right to restrict the contents accessible via the website at any time and with a notice period of one week or to discontinue the operation of the website altogether as part of a partial or complete termination. In individual cases, the restriction or discontinuation may also occur without observing a notice period if Boerse Stuttgart GmbH is unable to comply with the notice period for reasons beyond its control.

2. Website Content and Disclaimer

a. Boerse Stuttgart GmbH and its contractual partners endeavour, with the diligence of a prudent businessman, to ensure the accuracy, completeness and timeliness of the information contained on this website, but do not assume any guarantee for this.

b. The content and information published on this website - including through the integration of links to offers and content of third parties - serve exclusively informational purposes. Boerse Stuttgart GmbH does not provide any financial services, in particular no investment advice and no investment brokerage. The provision of information does not constitute an offer to buy or sell or a solicitation of an offer to buy or sell or to subscribe for securities. Boerse Stuttgart GmbH has no legal intent regarding an advisory and/or information contract, especially since it is not aware of whether and to what extent the information contained on this website or made accessible in the manner described above is used by individual users as the basis for significant asset dispositions in specific cases. 

Boerse Stuttgart GmbH points out that stock exchange transactions involve risks. The total loss of the invested capital cannot be excluded. The user should therefore seek comprehensive personal advice before making any investment decision, particularly with regard to his individual asset and investment situation, and should not base his investment decision on the content contained on this website, which is only of a general nature. This advice can be provided in particular by credit institutions, but not by Boerse Stuttgart GmbH. 

c. With the customer and product-related information presented on the website, Boerse Stuttgart GmbH only complies with the obligation to provide information about securities listed on the Baden-Württemberg Stock Exchange (BWWB). The publication does not constitute advertising or a recommendation for a specific product listed on the BWWB. Evaluative statements in the documents presented on the website only represent the opinion of the author and do not reflect the position of Boerse Stuttgart GmbH. The information presented on the website is intended exclusively for eligible counterparties within the meaning of the WpHG.

d. Despite the utmost care in creating the website, errors may occur. The statements in the information contained on this website or made accessible in the manner described above do not constitute a guarantee by Boerse Stuttgart GmbH.

e. Boerse Stuttgart GmbH does not assume any warranty or guarantee for the content and information published on this website, except for liability for intent or gross negligence, as well as in cases of legally mandatory liability for injury to life, health or body. The content and information may contain errors or omissions, or may be incorrect, incomplete or outdated due to third-party errors. Boerse Stuttgart GmbH is particularly not responsible for any securities prospectuses or further information from an issuer that may be presented on this page for informational purposes. In addition to this No. 2 of the General Terms and Conditions, the regulations in No. 3 apply to the use of S&P bond ratings, the regulations in No. 4 apply to the retrieval of real-time price information, and the regulations in No. 5 of these General Terms and Conditions apply to the use of the news service.

3. Conditions for Accessing Real-Time Price Information

Within the framework of this website, the user is given the opportunity to access real-time price information for securities tradable on the BWWB. A real-time price is a stock exchange price for a security, between the determination and publication of which there is typically a period of less than 15 minutes. The prerequisite for accessing real-time price information is the complete and truthful registration of the user using the data form provided on the website for this purpose.

Real-time price information may only be accessed via the website by private users for exclusively private use and excluding retrieval in an automated form without the retrieval being initiated by a natural person in each individual case. A private user within the meaning of these terms of use is someone who fulfils all of the following requirements:

a. the user is a natural person;

b. the user is not a credit institution, financial services institution or financial company within the meaning of Section 1 of the German Banking Act;

c. the user is not subject to any domestic or foreign financial services, banking, stock exchange, securities trading or investment supervision or any other restriction;

d. when accessing the real-time price information, the user is not acting for a credit institution, a financial services institution or a financial company within the meaning of Section 1 of the German Banking Act or a company that is subject to domestic or foreign financial services, banking, stock exchange, securities trading or investment supervision or any other restriction;

e. the user uses the information exclusively for their personal purposes;

f. the user does not use the information for commercial purposes such as commercial securities trading or the commercial management of third-party assets;

g. the user also does not use the information in any other way for third-party purposes, such as the gratuitous management of third-party assets within the framework of a non-commercial investment club;

h. the user does not pass on the information to third parties and does not provide third parties with access to the information. Within the scope of private use, the user is not entitled to use the real-time price information commercially, pass it on to third parties, publish it or sell it. The user can discontinue the retrieval of real-time price information at any time without observing a notice period.

4. Links to Other Websites and External References

Boerse Stuttgart GmbH has placed links to third-party websites on its website, the content and updating of which are not within the sphere of influence of Boerse Stuttgart GmbH. Boerse Stuttgart GmbH has no influence on the design and content of third-party websites. Boerse Stuttgart GmbH does not adopt the contents of linked third-party pages as its own and is not responsible for these contents.

5. Severability Clause

Should individual provisions of these General Terms and Conditions be or become invalid in whole or in part, this shall not affect the validity of the remaining provisions. The invalid provision shall rather be replaced by a valid one that comes closest to its economic meaning and purpose. The same applies to any contractual gaps.

6. Trademark Rights

Terms used on the website to designate securities or indices are largely protected by trademark law. The trademark rights to these terms are partially owned by Boerse Stuttgart GmbH, Baden-Württembergische Wertpapierbörse GmbH, or third parties. The use of these terms is only permitted within the framework of trademark law provisions.

7. Data Protection

The protection of personal data is an important concern for Boerse Stuttgart GmbH. For this reason, the business processes of Boerse Stuttgart GmbH are carried out in accordance with the applicable data protection regulations. Please refer to the data protection information for details.

8. Applicable Law / Place of Jurisdiction / Binding Version

All legal relationships between Boerse Stuttgart GmbH and the user are exclusively subject to the law of the Federal Republic of Germany. Stuttgart is agreed upon as the exclusive place of jurisdiction for all disputes between Boerse Stuttgart GmbH and the user arising from or in connection with the use of the website. In addition to this German-language version of the General Terms and Conditions, there is an English translation. However, only this German-language version is legally binding, with the exception of No. 3 of these General Terms and Conditions, for which only the English-language version is binding.

Notice pursuant to § 36 of the German Consumer Dispute Resolution Act (VSBG)

Boerse Stuttgart GmbH will not participate in a dispute resolution procedure before a consumer arbitration board within the meaning of the VSBG and is not obligated to do so.

As of: 20.02.2017