User Agreement / Disclaimer
By accessing this site you acknowledge that you understand the risks and disclosures and agree to the disclaimers outlined below. If you have any questions regarding the user agreement and disclosures, please contact us at usersupport@kcgbondpoint.com or 877.423.7839.

Terms and Conditions of
Use of the KCG BondPoint (www.kcgbondpoint.com) Website

This Website is provided for your use, conditioned on your acceptance without modification of the terms, conditions and notices contained herein. Your use of this Website constitutes your agreement to all such terms, conditions and notices. KCG BondPoint ("BondPoint") may, at any time, change or modify the terms and conditions applicable to your use of this Website, or any aspect or feature of the Website itself.

Materials provided on or through this Website are for general information only, and do not constitute investment advice. Under no circumstances do BondPoint, its affiliates or their employees render advice or recommendations concerning the nature or the potential value or suitability of any security, transaction or investment strategy. BondPoint suggests that you consult with your tax or financial advisor with respect to your individual situation.

You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, products or services obtained from this Website, except that if enabled you may print and distribute from the Website provided that such reports are for internal use solely by your customers or other employees and agents in your office and not for resale, and provided, further, that such reports contain the proprietary notice(s) designated by BondPoint from time to time. Quotes and financial market information provided on this Website have been independently obtained through sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. Neither BondPoint, its affiliates, information providers or content providers shall have any liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this Website, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.

BondPoint and its affiliates make no warranties with respect to the accuracy, timeliness or suitability of the content of other services or sites to which the screens of this Website link. By providing access to other Websites, neither BondPoint nor its affiliates is endorsing or recommending the site; services or products offered or described thereon; the accuracy, completeness, suitability or any other characteristic of the content of the site; the organization sponsoring the site; nor the purchase or sale of securities issued by such sponsor.

BONDPOINT, ITS AFFILIATES, INFORMATION PROVIDERS AND CONTENT PROVIDERS SHALL HAVE NO LIABILITY FOR INVESTMENT DECISIONS OR OTHER ACTIONS TAKEN OR MADE BY YOU BASED ON THE INFORMATION PROVIDED ON THIS WEBSITE. THE PRICES, FINANCIAL MARKET INFORMATION AND OTHER INFORMATION AVAILABLE ON THIS WEBSITE IS PROVIDED ON AN "AS IS" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING (BUT NOT LIMITED TO) WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT. IN NO EVENT WILL BONDPOINT, ITS AFFILIATES, INFORMATION PROVIDERS OR CONTENT PROVIDERS BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, PUNITIVE OR SPECIAL DAMAGES (INCLUDING BUT NOT LIMITED TO LOST PROFITS) ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF THIS WEBSITE, OR WITH THE DELAY OR INABILITY TO USE THIS WEBSITE, OR FOR ANY INFORMATION, PRODUCTS OR SERVICES OBTAINED THROUGH THIS WEBSITE, WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE, EVEN IF BONDPOINT, ITS AFFILIATES, INFORMATION PROVIDERS AND/OR CONTENT PROVIDERS HAS BEEN ADVISED OF THE POSSIBILITIES OF DAMAGES. Some states do not allow certain limitations on implied warranties, or the exclusion or limitation of incidental, consequential or other damages, so that these disclaimers and limitations may not apply to you.

Order Entry Information
User agrees and understands that all bids (offers) submitted on the BondPoint Platform are limit orders and if executed will only be executed against offers (bids) on the BondPoint Platform. User also agrees and understands that BondPoint does not route orders to any other venue for the purpose of order handling and execution. In addition, BondPoint does not determine if the prices represented on the BondPoint platform are fair market value for the security or the best prices in the market. Accordingly, BondPoint expressly denies best execution responsibility as defined under Rule 2320.

Principal Transactions
The KCG BondPoint ATS is a division of and is operated by KCG Americas, LLC. Other divisions or affiliates of KCG Americas LLC are subscribers to the KCG BondPoint platform. These other divisions may execute transactions over the KCG BondPoint platform either on behalf of their customers, or for their own account on a principal basis.

Copyright and Trademark Information
The material and content contained on this Website are owned by BondPoint or its content providers and are protected by copyright laws.

All trademarks, services marks and trade names displayed on this Website belong to their respective owners.

News Services & Data Providers
Quotes and financial market information provided on this site have been independently obtained through Information Providers believed to be reliable. However, such information may include inaccuracies, errors or omissions. Neither BondPoint, its affiliates, information providers or content providers shall have any liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this site, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.

BondPoint and its affiliates make no warranties with respect to the accuracy, timeliness or suitability of the content of other services or sites to which the screens of this site link. By providing access to other sites, neither BondPoint nor its affiliates is endorsing or recommending the site; services or products offered or described thereon; the accuracy, completeness, suitability or any other characteristic of the content of the site; the organization sponsoring the site; nor the purchase or sale of securities issued by such sponsor.

You agree to indemnify and hold harmless BondPoint and its affiliates and subsidiaries, and its Information Providers for any inaccuracies, delays and omissions.

Interactive/Muller DISCLAIMER

No Warranties
INTERACTIVE AND ITS SUPPLIERS MAKE NO WARRANTIES, EXPRESS OR IMPLIED, AS TO MERCHANTABILITY, FITNESS OR ANY OTHER MATTER.

Limitation on Liability
(a) Interactive and its suppliers shall have no liability for errors, omissions or malfunctions in the Services, other than the obligation of Interactive to endeavor, upon receipt of notice, to correct a malfunction, error, or omission in any Services.

(b)The user acknowledges that the Services are intended for use as an aid to individual investors, financial institutions, and broker dealers in making informed judgments concerning securities. The user accepts responsibility for, and acknowledges it exercises its own independent judgment in, its selection of any of the Services, its selection of the use or intended use of such, and any results obtained. Nothing contained herein shall be deemed to be a waiver of any rights existing under applicable law for the protection of investors.

(c) The user shall indemnify Interactive and its suppliers against and hold Interactive harmless from any and all losses, damages, liability, costs, including attorney's fees, resulting directly or indirectly from any claim or demand against Interactive or its suppliers by a third party arising out of or related to the accuracy or completeness of any Services received by user, or any data, information, service, report, analysis or publication derived therefrom. Neither Interactive nor its suppliers shall be liable for any claim or demand against user by a third party.

(d) Neither party shall be liable for (i) any special, indirect or consequential damages (even if advised of the possibility of such), (ii) any delay by reason of circumstances beyond its control, including acts of civil or military authority, national emergencies, labor difficulties, fire, mechanical breakdown, flood or catastrophe, acts of God, insurrection, war, riots, or failure beyond its control of transportation or power supply, or (iii) any claim that arose more than one year prior to the institution of suit therefore.

Use of CUSIP numbers
BondPoint provides CUSIP numbers on its site. CUSIP numbers may be supplemented by information from other sources. BondPoint provides CUSIP numbers for the purpose of identifying fixed income securities issues. Use of CUSIP numbers is defined by the CUSIP Service Bureau, Standard and Poor's, a division of the McGraw-Hill Companies. BondPoint does not grant to any registered user or account holder any rights or license to the CUSIP database other than for the purpose of identifying securities and transactions on the BondPoint site.

Event Notification
BondPoint event notifications are subject to the limitations and requirements described here and at the time you subscribe to an event notification. Your subscription or use of any BondPoint event notification will serve as an acknowledgment that you have read and understood the applicable limitations and conditions.

The information in BondPoint event notifications may be prepared and delivered by Information Partners who are not affiliated with BondPoint or its subsidiaries (collectively "BondPoint"). Neither BondPoint nor any Information Partner guarantees the accuracy, completeness, or timeliness of information available through BondPoint event notifications. Accuracy and completeness of your receipt of BondPoint event notifications and their timeliness will also depend on factors outside of BondPoint's control, including Internet and Email availability and transmission capabilities. BONDPOINT AND ITS AFFILIATES AND SUBSIDIARIES GIVE NO WARRANTIES, EXPRESSLY OR IMPLICITLY, WITH RESPECT TO THE INFORMATION. You agree to indemnify and hold harmless BondPoint and its affiliates and subsidiaries, and its Information Providers for any inaccuracies, delays and omissions.

BondPoint event notifications are sent through unencrypted e-mail, and neither BondPoint, its affiliates, its subsidiaries nor any Information Provider is liable for any unauthorized use or interception. BondPoint event notifications are not investment recommendations or advice. Any investment decision you make on the basis of BondPoint event notifications is your sole responsibility. If you subscribe to BondPoint event notifications, you acknowledge that you have read and understood this notification.

Fixed Income Data and Ratings Information

KCG BondPoint Ratings consist of Moody's Investors Service / Standard & Poor's / Fitch Ratings Fixed Income descriptive data provided by Interactive Data. For more information, interested parties can email info@interactivedata.com.

Securities offered by KCG Americas LLC, Member SIPC.

Copyright © 2013 KCG Holdings Inc.

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KCG BondPoint, A Division of KCG Americas LLC. Copyright © 2013 KCG Holdings Inc.
Member SIPC · Disclaimer · Business Continuity Plan Summary Notice  · Privacy Policy ·  Fixed Income Data and Ratings Information