Common use of PROPRIETARY RIGHTS IN THE MARKET DATA Clause in Contracts

PROPRIETARY RIGHTS IN THE MARKET DATA. 2.1 Subscriber acknowledges and agrees that Chicago Mercantile Exchange Inc. and its affiliates (“CME” or “Exchange”) have exclusive and valuable property rights in and to the Market Data (or in the case of third party content providers who are licensing data through CME, such third party content provider has exclusive and valuable property rights), that such Market Data constitute valuable confidential information, trade secrets and/or proprietary rights of the Exchange, not within the public domain, that such Market Data shall remain valuable confidential information, trade secrets and/or proprietary rights of the Exchange and that, but for the Agreement, Subscriber would have no rights or access to such Market Data.

Appears in 10 contracts

Samples: Market Data Subscription Agreement, Market Data Subscription Agreement, Futures Trading Agreement

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