Proprietary Data and Information definition

Proprietary Data and Information means, as to any Person, proprietary data or personal information that separately discloses business transactions, market positions or trade secrets of such Person, but does not include Transaction Data and shall, with respect to the Company, include all information regarding or provided through the Trading Services (including any information or data the Company makes available to Users, whether such information is the Company’s or its licensors).
Proprietary Data and Information means, as to any Person, proprietary data or personal information that separately discloses business transactions, market positions or trade secrets of such Person, but does not include Transaction Data and shall, with respect to the Company, include all information regarding the ATS.