1. No offer
on this X-markets Website should be considered as an offer to purchase
any of the products as described on this X-markets Website. Pricing
levels and valuations published on the X-markets Website are indicative
and they and other information displayed thereon are for information
2. Decisiveness of offering circular or prospectus
offering circular or prospectus referring to a specific product is
available on the X-markets Website in certain cases. Users should
carefully read the information contained therein before making any
3. No investment advice
made available on the X-markets Website should not be considered as
investment advice or any form of recommendation to purchase products
4. Historical performance
Past performance information contained on the X-markets Website is not indicative of future results.
5. No warranties for contents
best efforts have been used to ensure that the information set out on
the X-markets Website is reliable, no warranty is made as to its
accuracy, completeness and adequacy. Any opinions expressed reflect the
current view of Deutsche Bank AG, which may change without notice.
6. Use of the X-markets Website
6.1. Changes of the X-markets Website
Bank AG reserves the right to partly or completely change the X-markets
Website at any time and to restrict, interrupt or terminate its
6.2. Changes of General Terms and Conditions of Use
Deutsche Bank AG reserves the right to modify or amend these terms and conditions at any time.
and design of the X-markets Website are protected by copyright. Any
copying of the website or of its content requires the preliminary
written consent of Deutsche Bank AG.
Bank AG respects your privacy. Personal data, which are collected when
visiting our website, are processed according to requirements under
9. Safety of Communication
over the Internet and by e-mail cannot be guaranteed to be secure.
There is a risk that information contained within an e-mail
communication and any attachment thereto, including potentially
confidential information, may be intercepted, lost, destroyed or delayed
in transmission. Although Deutsche Bank AG will use reasonable efforts
to minimise such risk, it does not warrant that any communication or
e-mail or any attachments thereto, that is sent out, will be free from
viruses, worms or other harmful components.
hypertext links on the X-markets Website may lead the user to websites
that are not under the control or charge of Deutsche Bank AG. When the
user clicks on such a link, he leaves the X-markets Website. Deutsche
Bank AG is not responsible with respect to any material contained on any
11. Governing Law; Jurisdiction
11.1. Governing Law
These terms and conditions are exclusively governed by and shall be construed in accordance with German law.
private user who is not a resident of one of the countries for which
the Council Regulation (EC) NO 44/2001 of 22 December 2000 on
jurisdiction and the recognition and enforcement of judgements in civil
and commercial matters is applicable, or which have entered and ratified
the Convention on jurisdiction and enforcement of judgements in civil
and commercial matters signed at Lugano on 16 September 1988, and all
commercial users are subject to the exclusive jurisdiction of the
competent court of Frankfurt am Main, Germany, in respect of any
disputes arising under these terms.
12. Other agreements
at any time any provision (or part of any provision) of these terms and
conditions is, or becomes, illegal, invalid or unenforceable in any
respect under the law of any jurisdiction, that shall not affect the
legality, validity or enforceability in that or any other jurisdiction
of any other provision (or any other part of this provision) of these
13. Selling restrictions
products described on the X-markets Website are not eligible for sale
in all countries and in any event may only be sold to qualified
investors. The offering circulars contain information as to the selling
restrictions applicable to any particular product and the user should
read them carefully.
In particular, the following restrictions apply:
Residents of the United States of America:
information set out in the X-markets Website is not directed to the
United States. US citizens (as defined in Regulation S under the US
Securities Act 1933) and persons resident in the US may not enter the
X-markets Website. Information from this X-markets Website may not be
distributed or redistributed into the United States or into any
jurisdiction where it is not permitted. The securities have not been and
will not be registered under the US Securities Act of 1933 and trading
in the securities has not been approved for purposes of the US
Commodities Exchange Act of 1936. The securities may not be offered or
sold in the United States, to US citizens or US residents.
products described on the X-markets Website are only offered or sold to
persons in any other jurisdiction, if applicable law permits this.