Private Individual

The definition of a Private Individual from the General Terms and Conditions to the Market Data Dissemination Agreement of Deutsche Börse AG

Anyone that satisfies all the criteria set forth below:

a) The Subscriber is a natural person;
b) the Subscriber does not operate a credit institution or financial services institution;
c) the Subscriber will use the Information exclusively for his/her private purposes, such as, in
particular, the management of his/her own private assets;
d) the Subscriber will not use the Information for business purposes, such as commercial securities
trading or the professional management of third-party assets, or for his/her activities with a credit
institution, a financial services institution or any other company which is subject to any domestic
or foreign banking, stock exchange, securities trading or investment supervision;
e) the Subscriber will also not use the Information in any other manner for the purposes of third
parties, such as, for instance, the non-professional management of third-party assets or within the
framework of a non-commercial investment club; and
f) the Subscriber will not distribute the Information onward to third parties and will not make the
Information available to third parties, in particular such third parties which do not qualify as Private