FTSE Russell – RussellTick

You are required to enter into a separate license agreement (which may be subject to additional charges) with The Frank Russell Company ("Russell") in order to access and/or use indices, index values, data or other information relating to or derived from any Russell index ("Data") via the Thomson Reuters services. Unless expressly permitted otherwise under your written agreement with Russell, you may use the Data solely for your own internal business purposes (if you are a business) or individual purposes (if you are an individual), and you shall not, and shall not permit any third party to, do any of the following. To the extent there is a conflict between the Data usage rights and restrictions as set forth in your agreement with Thomson Reuters and those set forth in your agreement with Russell, the terms of your agreement with Russell shall control.

(a) copy, sell, license, distribute, transmit or duplicate the Data (or any part thereof) to any third party or to any person or other entity in your organisation (unless such entity is expressly licensed under your agreement with Thomson Reuters to receive such Data) in any form or by any means;

(b) derive or create derivative works of, recalculate, combine with other data, or otherwise modify, the Data (except that you may reprocess Data and perform calculations using the Data for your own internal business use subject to the other restrictions herein), and/or distribute such derived, recalculated, combined or modified Data to any third party;

(c) remove any copyright or other proprietary notice accompanying or incorporated into the Data;

(d) use the Data for the purpose of:

(i) creating and/or operating (whether for your own purposes or on behalf of 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;

(ii) creating and/or operating (whether for your own purposes or on behalf of 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 Russell to do so); or

(iii) generally exploit the Data in a manner designed to benefit you or any third party (including the creation of any additional service).

(e) make the Data available on any website or in an application, or to the public via the internet; 

(f) use the index trade marks in a generic way or as part of your name or the name of any associated company; 

(g) use the Data or index trade marks:

(i) in a way that might cause confusion as to the person responsible for preparing or disseminating the Data;

(ii) for any unlawful or illegal purpose in any jurisdiction; or

(iii) for or in connection with any contracts for difference service, spread betting service or any other purpose related to betting or gaming;

(h) use the Data on behalf of, or for the benefit of, anyone else; or

(i) use the Data in any way or for any purpose that would require a separate licence from Russell or a third party information provider.

You acknowledge that Russell and/or any relevant third party information providers are the owners of the intellectual property rights in the Data, and that the Data is provided subject to the terms of your agreement with Thomson Reuters.