Terms & Conditions

Effective Date: August 7, 2025

Last Updated: October 7, 2025

1. Introduction and Acceptance of Terms

Welcome to the website of New York Event Contract Exchange, Inc. ("NYECX," "we," "us," or "our"). These Terms and Conditions ("Terms") govern your access to and use of the NYECX website located at https://nyecx.com (the "Site").

By accessing or using this Site, you agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you must not access or use this Site.

1.1 Scope of These Terms

These Terms apply solely to your use of this marketing and informational website. They do NOT govern:

Trading on the NYECX platform or exchange
Participation as an institutional member or trader
Execution, clearing, or settlement of event contracts
Account registration and access to trading systems

If you become a registered participant on the NYECX trading platform, separate and comprehensive legal agreements will govern your relationship with NYECX, including but not limited to participation agreements, trading rules, and operational procedures.

1.2 Modifications to Terms

We reserve the right to modify, amend, or update these Terms at any time without prior notice. Changes will be effective immediately upon posting to the Site with an updated "Last Updated" date. Your continued use of the Site after changes are posted constitutes your acceptance of the modified Terms. We encourage you to review these Terms periodically.

1.3 Additional Terms

Certain areas of the Site may be subject to additional terms and conditions, which will be presented to you at the time of access. Those additional terms are incorporated into these Terms by reference.

2. Eligibility and Registration

2.1 General Eligibility

This Site is intended for use by:

Qualified institutional investors and sophisticated financial market participants
Representatives of corporations, financial institutions, and professional entities
Individuals aged 18 or older with legal capacity to enter into binding agreements

By using this Site, you represent and warrant that you meet these eligibility requirements.

2.2 Geographic Restrictions

The information on this Site is not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to local law or regulation. It is your responsibility to comply with local laws and regulations applicable to your use of this Site.

Important: NYECX does not currently offer trading services to U.S. persons or entities. The information on this Site regarding our services is provided for informational purposes only and does not constitute an offer or solicitation to U.S. persons.

2.3 Account Registration

Certain features of the Site, such as accessing research materials or subscribing to newsletters, may require you to create an account or provide contact information. You agree to:

Provide accurate, current, and complete information
Maintain and promptly update your information to keep it accurate
Maintain the confidentiality of any account credentials
Notify us immediately of any unauthorized use of your account
Accept responsibility for all activities that occur under your account

3. Informational Purpose Only

3.1 No Offer or Solicitation

The content on this Site is for informational and educational purposes only. Nothing on this Site constitutes:

An offer to sell or a solicitation of an offer to buy any securities, derivatives, or financial instruments
Investment, legal, tax, regulatory, or financial advice
A recommendation to enter into any transaction or investment strategy
A guarantee of future results or performance

3.2 Not Investment Advice

The information, materials, and content provided on this Site do not constitute investment advice and should not be relied upon as such. You should:

Conduct your own independent research and due diligence
Consult with qualified legal, tax, financial, and regulatory advisors before making any investment decisions
Understand that trading event contracts and derivatives involves substantial risk of loss
Not rely solely on information provided on this Site for any financial decision

3.3 Forward-Looking Statements

This Site may contain forward-looking statements regarding NYECX's plans, expectations, future services, regulatory developments, and business strategy. These statements are subject to risks and uncertainties, and actual results may differ materially. Forward-looking statements are based on information available as of the date made and should not be relied upon as guarantees or predictions of future events.

3.4 No Professional Relationship

Your use of this Site does not create any advisory, fiduciary, or professional relationship between you and NYECX. We do not owe you any duties beyond those explicitly stated in these Terms.

4. Intellectual Property Rights

4.1 Ownership

All content on this Site, including but not limited to text, graphics, logos, images, software, data compilations, designs, and the overall "look and feel" of the Site (collectively, "Content"), is the exclusive property of NYECX or its licensors and is protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property laws.

The following are trademarks or registered trademarks of NYECX:

New York Event Contract Exchange, Inc.
New York Event Contract Exchange
New York Event Contract eXchange, Inc.
New York Event Contract eXchange
NYECX
NYecx
nyecx
NYecX
nyecX

4.2 Limited License

Subject to your compliance with these Terms, NYECX grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to:

Access and view the Content on this Site for your personal, non-commercial, informational use only
Download and print individual pages for your personal reference

4.3 Restrictions

You may NOT:

Copy, reproduce, distribute, republish, download, display, post, or transmit any Content in any form without our prior written consent
Modify, create derivative works from, reverse engineer, decompile, or disassemble any Content
Remove, alter, or obscure any copyright, trademark, or other proprietary notices
Use any Content for commercial purposes without our express written permission
Frame or mirror any portion of the Site
Use any robot, spider, scraper, or other automated means to access the Site
Use the NYECX name, logo, or trademarks without our prior written consent

4.4 User Submissions

If you submit, post, or transmit any content to us through the Site (including feedback, questions, comments, or suggestions), you grant NYECX a worldwide, perpetual, irrevocable, royalty-free, fully sublicensable right and license to use, reproduce, modify, adapt, publish, translate, distribute, and display such content in any form or medium.

You represent and warrant that you own or have the necessary rights to any content you submit and that such content does not violate any third-party rights or applicable laws.

5. Prohibited Uses

You agree NOT to use this Site:

5.1 Illegal Activities

For any unlawful purpose or in violation of any applicable laws or regulations
To engage in fraud, manipulation, or deceptive practices
To violate securities laws, anti-money laundering laws, or sanctions regulations

5.2 Harmful Actions

To transmit any viruses, malware, or other harmful code
To interfere with or disrupt the Site's operation or servers
To attempt to gain unauthorized access to any systems or networks
To conduct security testing or vulnerability scanning without authorization

5.3 Misrepresentation

To impersonate any person or entity or falsely state or misrepresent your affiliation
To provide false, misleading, or inaccurate information
To create false identities or accounts

5.4 Interference with Others

To harass, abuse, threaten, or intimidate others
To violate the privacy or publicity rights of others
To collect or harvest information about other users

5.5 Commercial Misuse

To use the Site for unauthorized commercial purposes
To advertise or solicit business from other Site users
To compete with NYECX or develop a competitive product or service

6. Third-Party Content and Links

6.1 Third-Party Links

This Site may contain links to third-party websites, resources, or services that are not owned or controlled by NYECX. These links are provided for your convenience only.

We do not endorse, control, or assume responsibility for:

The content, privacy policies, or practices of any third-party sites
Any products, services, or information offered by third parties
The accuracy, legality, or reliability of third-party content

Your use of third-party websites is at your own risk and subject to the terms and conditions and privacy policies of those sites.

6.2 Third-Party Content

The Site may include content, data, or information from third-party sources, including market data providers, research firms, and industry publications. While we strive to use reliable sources, we do not guarantee the accuracy, completeness, or timeliness of any third-party content.

6.3 No Endorsement

The inclusion of any link or third-party content does not imply endorsement by NYECX. We are not responsible for any loss or damage arising from your reliance on third-party content or your use of linked websites.

7. Disclaimers and Limitations of Liability

7.1 "AS IS" and "AS AVAILABLE" Basis

THE SITE AND ALL CONTENT ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.

To the fullest extent permitted by law, NYECX disclaims all warranties, including but not limited to:

Implied warranties of merchantability, fitness for a particular purpose, and non-infringement
Warranties regarding the accuracy, reliability, or completeness of Content
Warranties that the Site will be uninterrupted, secure, or error-free
Warranties regarding results obtained from use of the Site

7.2 No Guarantee of Accuracy

While we strive to provide accurate and up-to-date information, we do not warrant that:

Content on the Site is accurate, complete, current, or reliable
The Site will meet your requirements or expectations
Any errors or defects will be corrected
The Site or servers are free of viruses or other harmful components

7.3 Trading Risks

Event contracts and derivatives trading involves substantial risk of loss and is not suitable for all investors. You acknowledge that:

You may lose some or all of your invested capital
Past performance is not indicative of future results
No trading strategy or system guarantees profits
Market conditions can change rapidly and unpredictably

7.4 Regulatory Status

NYECX is in the process of seeking regulatory approval to operate as a Designated Contract Market (DCM) under CFTC regulations. Until such approval is obtained, NYECX cannot offer trading services to U.S. persons. Information about our planned services is subject to change based on regulatory requirements and approvals.

7.5 Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, NYECX AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AFFILIATES, LICENSORS, AND SERVICE PROVIDERS SHALL NOT BE LIABLE FOR:

Any indirect, incidental, special, consequential, or punitive damages
Any loss of profits, revenue, data, goodwill, or business opportunities
Any damages arising from your use of or inability to use the Site
Any damages resulting from errors, omissions, interruptions, deletions, defects, delays, viruses, or security breaches
Any damages based on third-party content or linked websites

This limitation applies regardless of the legal theory (contract, tort, negligence, strict liability, or otherwise) and whether or not NYECX has been advised of the possibility of such damages.

IF YOU ARE DISSATISFIED WITH THE SITE OR THESE TERMS, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE SITE.

7.6 Maximum Liability Cap

In jurisdictions that do not allow the exclusion or limitation of certain damages, NYECX's total liability to you for all claims arising from or related to the Site shall not exceed the greater of (a) $100 or (b) the amount you paid to NYECX in the twelve months preceding the claim, if any.

7.7 Essential Purpose

You acknowledge that the disclaimers and limitations in this Section 7 are essential elements of the agreement between you and NYECX, and that NYECX would not provide access to the Site without these limitations.

8. Indemnification

You agree to indemnify, defend, and hold harmless NYECX and its officers, directors, employees, agents, affiliates, licensors, and service providers from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising from or related to:

Your use of or inability to use the Site
Your violation of these Terms
Your violation of any rights of third parties
Your violation of any applicable laws or regulations
Any content or information you submit, post, or transmit through the Site
Any negligent or willful misconduct by you

NYECX reserves the right to assume the exclusive defense and control of any matter subject to indemnification by you, at your expense. You agree to cooperate with NYECX's defense of such claims.

9. Privacy and Data Protection

9.1 Privacy Policy

Your use of the Site is also governed by our Privacy Policy, which is incorporated into these Terms by reference. The Privacy Policy explains how we collect, use, disclose, and protect your personal information. By using the Site, you consent to our data practices as described in the Privacy Policy.

9.2 Cookies and Tracking

We use cookies and similar tracking technologies to enhance your experience on the Site and collect usage data. For detailed information about our use of cookies, please refer to our Privacy Policy or Cookie Policy.

9.3 Communications

By providing your email address or other contact information, you consent to receive communications from NYECX, including:

Responses to your inquiries
Newsletters and market updates (if you subscribe)
Service announcements and administrative messages
Marketing communications (with appropriate opt-out mechanisms)

You may opt out of marketing communications at any time by following the unsubscribe instructions in our emails or contacting us directly.

10. Availability and Technical Requirements

10.1 Service Availability

We strive to maintain continuous availability of the Site, but we do not guarantee that the Site will be available at all times or without interruption. The Site may be unavailable due to:

Scheduled or emergency maintenance
Technical difficulties or system failures
Factors beyond our reasonable control

We reserve the right to modify, suspend, or discontinue the Site (or any part thereof) at any time, with or without notice, and without liability to you.

10.2 Technical Requirements

You are responsible for:

Obtaining and maintaining all equipment, software, and internet connectivity necessary to access the Site
All charges associated with accessing the Site, including internet service provider fees
Ensuring your system meets any technical requirements for optimal Site performance

10.3 Security

While we implement reasonable security measures, you acknowledge that:

No method of internet transmission or electronic storage is completely secure
We cannot guarantee absolute security of information transmitted through the Site
You transmit information at your own risk

11. Termination

11.1 Termination by NYECX

We reserve the right, in our sole discretion, to:

Terminate or suspend your access to the Site immediately, without prior notice or liability
Refuse service to anyone for any reason at any time

Grounds for termination may include, but are not limited to:

Violation of these Terms
Fraudulent, abusive, or illegal activity
Providing false or misleading information
Actions that may harm NYECX, other users, or third parties

11.2 Effect of Termination

Upon termination:

Your right to access and use the Site immediately ceases
We may delete or deactivate your account and related information
We are not liable to you or any third party for termination
Sections of these Terms that by their nature should survive termination shall continue in effect, including Sections 4, 7, 8, 12, and 13

11.3 Termination by You

You may stop using the Site at any time. If you wish to delete your account or unsubscribe from communications, please contact us at the information provided in Section 15.

12. Dispute Resolution and Arbitration

12.1 Governing Law

These Terms and your use of the Site shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles.

12.2 Arbitration Agreement

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT.

You and NYECX agree that any dispute, claim, or controversy arising out of or relating to these Terms or your use of the Site (collectively, "Disputes") shall be resolved through binding arbitration, except as provided below.

Arbitration Procedures:

Arbitration shall be conducted by the American Arbitration Association (AAA) under its Commercial Arbitration Rules
The arbitration shall take place in New York, New York
The arbitrator's decision shall be final and binding
Judgment on the arbitration award may be entered in any court of competent jurisdiction

Exceptions to Arbitration: The following Disputes are NOT subject to arbitration:

Claims seeking injunctive or equitable relief for the protection of intellectual property rights
Small claims court actions, if they qualify

12.3 Class Action Waiver

YOU AND NYECX AGREE THAT DISPUTES WILL BE RESOLVED ON AN INDIVIDUAL BASIS ONLY. You waive any right to bring or participate in:

Class actions
Class arbitrations
Collective actions
Representative actions
Consolidated proceedings with other individuals

The arbitrator may not consolidate multiple parties' claims and may not preside over any form of class or representative proceeding.

12.4 Jury Trial Waiver

To the extent arbitration does not apply, YOU AND NYECX WAIVE ANY RIGHT TO TRIAL BY JURY for any Dispute.

12.5 Venue

To the extent litigation is permitted under these Terms, you agree that any judicial proceeding shall be brought exclusively in the state or federal courts located in New York County, New York. You consent to personal jurisdiction and venue in these courts and waive any objection based on inconvenient forum.

12.6 Time Limitation

You agree that any claim or cause of action arising from or related to your use of the Site or these Terms must be filed within one (1) year after such claim or cause of action arose, or it shall be forever barred.

12.7 Opt-Out Right

You may opt out of this arbitration agreement by sending written notice to NYECX within thirty (30) days of first accepting these Terms. The notice must include your name, address, and a clear statement that you wish to opt out of the arbitration agreement. Send opt-out notices to:

New York Event Contract Exchange, Inc.
Attention: Legal Department – Arbitration Opt-Out
Email: legal@nyecx.com

13. General Provisions

13.1 Entire Agreement

These Terms, together with our Privacy Policy and any additional terms referenced herein, constitute the entire agreement between you and NYECX regarding your use of the Site and supersede all prior or contemporaneous understandings and agreements.

13.2 Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.

13.3 Waiver

No waiver of any provision of these Terms shall be deemed a further or continuing waiver of such provision or any other provision. NYECX's failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

13.4 Assignment

You may not assign, transfer, or delegate these Terms or your rights and obligations hereunder without our prior written consent. NYECX may assign these Terms, in whole or in part, at any time without notice or consent. These Terms shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.

13.5 No Third-Party Beneficiaries

These Terms are for the benefit of you and NYECX only and do not create any third-party beneficiary rights.

13.6 Headings

Section headings are for convenience only and shall not affect the interpretation of these Terms.

13.7 Force Majeure

NYECX shall not be liable for any delay or failure to perform resulting from causes outside our reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, strikes, or shortages of transportation facilities, fuel, energy, labor, or materials.

13.8 Relationship of Parties

Nothing in these Terms shall be construed to create a partnership, joint venture, employment, or agency relationship between you and NYECX. You have no authority to bind NYECX or make any commitments on its behalf.

13.9 Export Control

You acknowledge that the Site may be subject to U.S. export control laws and regulations. You agree to comply with all applicable export and import laws and regulations and not to export, re-export, or transfer any Content from the Site in violation of such laws.

13.10 Notices

Notices to NYECX should be sent to:

New York Event Contract Exchange, Inc.
Attention: Legal Department
Email: legal@nyecx.com

Notices to you may be sent to the email address you provided or posted on the Site. You are responsible for keeping your contact information current.

13.11 Language

These Terms are drafted in English. If these Terms are translated into any other language, the English version shall prevail in the event of any inconsistency or conflict.

14. Specific Disclaimers for Financial Information

14.1 Not a Registered Entity

NYECX is not currently registered with the U.S. Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) or with any other U.S. regulatory authority. We are in the process of seeking such registration. Until registration is obtained, we cannot offer trading services to U.S. persons.

14.2 No U.S. Offer

Nothing on this Site constitutes an offer of services to U.S. persons. Information about our planned trading platform and event contracts is provided for informational purposes only and does not constitute an invitation or inducement to trade.

14.3 Market Data

Any market data, pricing information, or performance metrics displayed on the Site are for illustrative purposes only and may not reflect actual market conditions, past performance, or future results.

14.4 Risk Disclosure

Trading event contracts and derivatives involves substantial risk of loss. You should carefully consider whether such trading is suitable for you in light of your financial condition, investment objectives, risk tolerance, and other circumstances. You should not trade with money you cannot afford to lose.

14.5 No Professional Advice

NYECX is not a registered investment advisor, broker-dealer, or financial planner. We do not provide personalized investment advice or recommendations. Always consult qualified professionals before making financial decisions.

15. Contact Information

If you have any questions about these Terms or the Site, please contact us:

New York Event Contract Exchange, Inc. (NYECX)

Website: https://nyecx.com

Email: info@nyecx.com

Legal Department: legal@nyecx.com

Privacy Inquiries: privacy@nyecx.com

Acknowledgment

BY ACCESSING OR USING THE SITE, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT USE THIS SITE.

Last Updated: October 7, 2025