These Terms govern the relationship between you and CF Partners (UK) LLP (or any subsidiary or affiliate thereof, including CF Carbon Fund II Limited and CF Partners Management Limited) (together “CF Partners”). By accepting these Terms you accept to be bound by them in relation to any use of the website and any information contained therein and in respect of any ensuing or related transaction, trade, dealings, contract or non-contractual obligation arising therefrom.

Certain transactions, including but not limited to those involving futures, options, and other derivatives, give rise to substantial risk and are not suitable for everyone. By accepting these terms you confirm that for the purposes of the Markets in Financial Instruments Directive, 2004/39/EC you are a “professional client” or “eligible counterparty” as defined by the FSA’s Conduct of Business Rules or, as applicable, the rules of the relevant EEA jurisdiction.

Prices shown (the “Prices”) are in the currency of the underlying product or contract unless otherwise indicated. Time is Greenwich Mean Time. Any graphs (the “Graphs”) shown or accessed via a link are plotted using the midpoints of the bid-ask spreads. Any email alert (“Email Alert”) sent to you shall be based on the Prices at the time of generation of the email and so may not be accurate at the time of receipt.

Any Price shown or Email Alert in relation to any Price does not constitute an offer which is capable of acceptance. All Prices merely constitute an invitation to treat.

The Prices, Email Alerts and Graphs are not intended to address your particular requirements and do not constitute any form of advice or recommendation by CF Partners and are not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions other than that the Prices (and no Graph or Email Alert) can be relied on in making a formal offer to CF Partners on the basis of the Prices. Upon any acceptance of such an offer by CF Partners such a transaction will be agreed on the terms of the agreed form contract between the parties, the terms of which will be incorporated by reference upon such acceptance by CF Partners. Appropriate independent advice should be obtained before making any such decision. You acknowledge and agree that you bear sole responsibility for your own investment research and investment decisions, and that CF Partners shall not be held liable by you or any other party for any decision made or action taken (including any inaction and/or failure to act) by you or others based upon reliance on or use of information or materials obtained or accessed through this website. Users should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

All Prices, Email Alerts and Graphs shown are protected by copyright, trademarks and other intellectual property and proprietary rights. Re-publication or redistribution of any CF Partners content, including but not limited to by forwarding an Email Alert, caching, framing or similar means is expressly prohibited without the prior written consent of CF Partners (UK) LLP.

You shall not use the Prices, Email Alerts and Graphs for any unlawful or unauthorised purpose. You are responsible for all statements made and acts or omissions that occur while your user identification name ("User Name") and passwords are being used. By accepting these terms, you warrant that you are authorised to bind the company or firm to which your User Name has been issued (including binding the company or firm to any trade or transaction) and you accept that you are responsible for protecting and securing your User Name and password from unauthorised use and disclosure and that any unauthorised use shall not affect the binding nature of any such communications, other than in the case of fraud by CF Partners. If you become aware of, or believe there has been, any breach of security for any of your information stored on the CF Partners website, such as the theft or unauthorised use of your User Name, password, or any other information, you will notify CF Partners immediately. Any offer or other communication made using your User Name shall be deemed to be your act and CF Partners shall be entitled to rely on the same without restriction (other than in the case of fraud by CF Partners) whether or not any such offer or other communication was made by you.

CF Partners does not give any warranties as to the accuracy, completeness, timeliness, integrity or fitness for purpose of the Prices, Email Alerts and Graphs shown. By accepting these terms, you expressly disclaim all warranties of any kind, express or implied, including without limitation any warranty of merchantability or fitness for a particular purpose and you agree that errors and/or omissions contained in such information or any delay (whether caused by delay in internet connection, update or otherwise) shall not be made the basis for any claim, demand or cause of action against CF Partners or any third party information provider.

CF Partners shall not in any circumstances be liable whether in contract tort or otherwise for any consequential or indirect loss or damage or for any loss of profits or of contracts howsoever arising through negligence or otherwise and of whatsoever nature suffered or incurred directly or indirectly by you.

The Prices, Email Alerts and Graphs are not intended to be distributed within the United States of America. Offers may not be made on the Prices by any person within the United States of America or for the account or benefit of U.S. persons. By accepting these terms, you confirm that you are not located within the United States of America or acting for the account or benefit of U.S. persons.

You agree that CF Partners may modify these terms at any time at its sole discretion and without prior notice to you. You should review these terms periodically to ensure familiarity with their content.

By agreeing to these terms you acknowledge and agree that CF Partners reserves the right to record all telephone conversations, internet conversations including chat, and any meetings between you and CF Partners.

You furthermore agree that CF Partners reserves the right to monitor your use of the website.

These terms (and any non-contractual obligations arising therefrom) are governed by English law and the English courts shall irrevocably have exclusive jurisdiction.