Terms of use

1. Purpose

These Terms of Use (the "Terms") define the conditions for accessing and using the eleggfinance.com website (the "Site") published by ELEGG Finance (the "Publisher"). The Site provides informational content, market analyses and theoretical pricing tools for the finance teams of mid-market corporates.

2. Acceptance of the Terms

Accessing and using the Site implies full and unreserved acceptance of these Terms. If you do not accept all or part of these terms, you must refrain from using the Site.

3. Access to the service

The Site is freely accessible, without account creation, to anyone with an internet connection and a modern web browser. The Publisher endeavours to ensure 24/7 availability but cannot guarantee it. The Site may be unavailable for maintenance or in case of force majeure.

4. Description of services

The Site offers in particular:

• A theoretical pricing tool for FX instruments (forwards, vanilla options, barrier structures, tunnels) for educational purposes.
• A bank term-sheet analysis module: users can upload a PDF and obtain an estimate of the embedded bank margin.
• An FX-exposure analysis module.
• Market analyses and weekly notes.
• A contact form to request an advisory appointment.

5. Regulatory status

ELEGG Finance does not carry out financial-investment advisory activities (CIF) within the meaning of article L. 541-1 of the French Monetary and Financial Code, nor banking-operations intermediation (IOBSP) within the meaning of article L. 519-1 of the same code, without prior accreditation. The tools made available on the Site provide indicative estimates for educational and comparative purposes. They in no case constitute:

• an investment-service offer,
• personalised advice on a specific financial product,
• a recommendation to enter into or refrain from a transaction,
• a guarantee of price or margin.

6. Authorised use

You are authorised to use the Site and its tools:

• for personal evaluation or for the internal financial-analysis needs of your business,
• to consult the content and tools as presented on the Site,
• without any unreasonable frequency limit.

7. Prohibited use

Without prior written consent of the Publisher, you may not in particular:

• carry out massive automated scraping of the Site's content or pricer outputs,
• reverse-engineer, decompile or attempt to derive the pricing models,
• reproduce, redistribute, sell or commercially exploit the Site's content to third parties,
• present pricer outputs to third parties without mentioning the model's indicative precision,
• saturate the Site with an abnormally high request volume,
• attempt to access reserved areas, data or accounts of other users.

8. Intellectual property

All elements of the Site (text, logos, graphics, source code, pricing models, data, methodologies, published analyses) are protected by French and international intellectual-property laws. Any reproduction, representation or exploitation, total or partial, without prior written authorisation, exposes its author to civil and criminal prosecution (articles L. 335-2 et seq. of the French Intellectual Property Code).

9. Personal data

Processing of personal data via the Site is governed by our Privacy Policy, to which express reference is made.

10. Cookies

The Site uses one strictly necessary cookie (NEXT_LOCALE). See the Cookies Policy for more details.

11. Limitations of liability

The tools offered on the Site are provided "as is", for informational purposes. The Publisher endeavours to maintain the precision of the models used but cannot guarantee the absence of errors, omissions or divergence from current banking practices. The Publisher cannot be held liable for direct or indirect damages (financial losses, loss of earnings, loss of opportunity, etc.) resulting from the use of the Site or the interpretation of its content. Any financial decision based on the estimates provided is the sole responsibility of the user, who is invited to seek the advice of properly authorised professionals.

12. Links to third-party sites

The Site may contain hyperlinks to third-party sites (partner brokers, documentary sources). The Publisher exercises no control over these sites and assumes no responsibility for their content, privacy policy or practices.

13. Modification of the Terms

The Publisher reserves the right to modify these Terms at any time to adapt them to changes in the Site or applicable regulation. The last-updated date is shown at the top of this page. Modifications take effect upon publication online. It is your responsibility to consult the current version regularly.

14. Applicable law and jurisdiction

These Terms are governed by French law. Any dispute relating to their interpretation or execution will be submitted to the exclusive jurisdiction of the courts of Paris, subject to mandatory consumer-protection provisions.