The Live Prices ("Quotes") published at the Trader's Corner ("Screen") are made by Electrabel N.V./S.A. ("EBL"), through its division "Trading and Portfolio Management" ("TPM") and are addressed to the sole undertakings ("Clients"), which, prior to the acceptance of the Quotes, have been approved by the Credit Department of EBL.
Any transaction concluded in accordance with the present Terms and Conditions shall be governed by the relevant master agreement entered into or to be entered into by the parties.
Should the Client not have been approved by EBL's Credit Department or should no relevant master agreement be entered into between the Client and EBL, please contact origination@electrabel.com.
The "Quotes" for Power and/or Gas, are bid and offer Indicative Prices for the respective commodities for a volume and delivery (tenor, quality, location, ...) consistent with the information on the Screen and the specifications which can be obtained by clicking on the product name. The Quotes are firm bid and offer prices only when the icon ("Tradable Price") is displayed in front of the applicable product and for as long as the maximum available quantity has not already been purchased/sold, on a first come first served basis, by (a) Client(s) during the validity period of the Quotes. Detailed information on the trading sessions and trading quantities can also be obtained by clicking on the product name.
An "Indicative Price" shall mean a price, which EBL has provided for information and reference purposes only. Transactions may not be concluded on any such Indicative Price. Such Indicative Prices are not an investment advice or (a solicitation of) an offer to buy or sell the commodities or instruments or to participate in a particular trading strategy mentioned.
No representation is made that the information within the Screen is accurate or complete.
According to the time of the day and the liquidity level in the wholesale trading market, there may not always be prices for certain products on the screen. EBL takes no responsibility if, due to market dynamics, prices for some instruments are not available at a given moment. However, on demand, EBL can give prices for these products. If the Client wishes to conclude a (wholesale) transaction with EBL, it should contact the "Today's Trader" as mentioned on the Screen and ask for an update of the price on the Screen or a new price for that (or any other) instrument.
Deal execution, applicable to Tradable Prices only: transactions can exclusively be done by calling the "Today's trader" as displayed on the Screen on a first come, first served basis, it being understood that more than one transaction can be concluded on a daily basis, within the limits of the maximum available quantity. A confirmation of the transaction shall be sent by EBL to the Client.
The Trader's Corner itself and/or any data published thereon or divulged through it (including any Quotes) are confidential and proprietary materials of EBL. The Client can only use these data in compliance with, and for the purposes described in, these terms and conditions. The data cannot be shared with, or distributed or disclosed to, any third party, without prior written consent of EBL. The disclosure by EBL of these data under the present Terms and Conditions cannot be construed as transferring or granting the Client any license, patent or other intellectual or industrial property right.
The Trader's Corner is provided "as is" without any warranty or implied term or condition of any kind, including, but not limited to, fitness for a particular purpose, compatibility or security. EBL does warrant that the use of the Trader's Corner will be free from computer viruses or error-free. All such warranties and implied terms are hereby excluded.
EBL accepts no responsibility or liability for any unauthorized use of the Client's user ID, user name or passwords or unauthorized access to the Trader's Corner. The Client agrees to notify EBL immediately (origination@electrabel.com) on its becoming aware of any theft, loss of confidentiality or unauthorized use of the Client's user ID, user name or passwords.
In case of inappropriate use of the Trader's Corner, EBL reserves to cut-off the Client's access at any time without prior notification.
By accessing the Trader's Corner, the Client expressly accepts the present Terms and Conditions and declares to be familiar with the prevailing wholesale market conditions of the instruments offered on the Screen and declares to be a Client entitled to perform the transaction.
The present Terms and Conditions shall be governed by the laws of the Kingdom of Belgium.
Nothing on this site should be construed as implying that EBL undertakes or offers to its Clients portfolio management services or investment advices within the meaning of such terms under the Directive 2004/39/EC on markets in financial instruments.
Electrabel S.A./N.V.
Boulevard du Régent 8
B-1000 Brussels
origination@electrabel.com
VAT BE 403 170 701
RPM/RPR Brussels 0403.170.701
|