Common use of Use of LME Data Clause in Contracts

Use of LME Data. Prices and other data emanating directly or indirectly from the LME (“LME Data”) that might be displayed, from time to time, on the IB TWS are subject to the terms of a licence agreement between IBUK and the LME. The Client acknowledges that (a) any calculation that IBUK might create using the LME Data is different and distinct from the prices quoted by the LME; (b) the LME retains all the intellectual property rights over the LME Data, including those referred to in derived calculations. The Client is prohibited from coping, distributing, transmitting or otherwise making available to third parties any of the LME Data displayed on the IB TWS.