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Data: means any data (including any Index Values, weightings and constituents, methodology, Information Provider's data, ICB Data, Ratings, Pricing Data, and/or FastQuote Data) received or accessed by Licensee or any of Licensee’s Group Companies that is produced, calculated or otherwise made available by or on behalf of a Licensor or any Group Company of a Licensor from time to time.

  1. You shall only be permitted to view the Data licensed under a Services Contract between Licensee and Licensor internally. No other use of Data shall be permitted.
  2. For the avoidance of doubt (but without limitation to the foregoing):
    1. you shall not copy, store, sell, license, distribute, transmit or duplicate to any third party or to any person (including within your organisation) any Data or any part thereof in any form or by any means;
    2. you shall not derive, recalculate, combine with other data or otherwise modify the Data, create history and/or distribute such derived, recalculated, combined or modified Data or history to any third party;
    3. you shall not make the Data available on any website or in an application, or to the public via the internet or otherwise;
    4. you shall not use the Data for the purpose of:
      1. creating and/or operating (whether by itself or by any third party) any financial product, index or service which seeks to match the performance of or whose capital and/or income value is related to the Data or any part thereof;
      2. creating and/or operating (whether by itself or by any third party) any financial product, index or service the performance of which is linked to the performance of a third party's product, index or service which, in turn, seeks to match the performance of or whose capital and/or income value is related to the Data or any part thereof (and whether or not such third party is licensed by the Licensor to do so); or
      3. generally exploiting the Data in a manner designed to benefit you or any third party (including the creation of any product or service).
    5. you shall not take a snapshot of any Real Time or Delayed Data or designate or refer to any Index Values within such Data as being an end of day value or closing price;
    6. you shall not use the Marks or remove any copyright or proprietary notices incorporated into the Data and the End User shall acknowledge that the Licensor and/or any relevant third party information providers are the owners of the intellectual property rights in, and relating to, the Data;
    7. you shall not use the Data in any way or for any purpose that would require a separate licence from the Licensor or any other person; and
    8. you shall not permit, or purport to permit, any third party to do any of the foregoing.