Several of the largest online brokers have confirmed that they will enter into agreements for clients and others next month, including TD Waterhouse, Royal Bank Direct Action, BMO InvestorLine and Scotia Discount Brokerage. ACCEPTED AND AGREED: I, the „subscriber“ to whom the above terms and conditions refer, acknowledge that I have read the above terms and conditions of this section 1, that I understand them and that, hereby, I give my consent to these conditions and my consent to comply with these conditions by clicking on the following: TD says that customers have 30 days , sign the agreements as soon as they are available on their online trading site of online brokers. This is expected to be in mid-April. After 30 days, customers are prevented from receiving offers in real time until they sign the agreements. Some brokers, including E-Trade Canada, have already accepted the agreements. Others, including Merrill Lynch HSBC, Qtrade Investor and Credential Securities, claim that their clients already signed the agreements when they opened their online accounts. At least one TD Waterhouse customer criticized the agreement for Canadian exchanges as ambiguous and distressing. 1. The word „Nasdaq“ means Nasdaq Stock Market, Inc. and its subsidiaries. The term „information“ refers to certain data and other information: information about securities or other financial instruments, products, vehicles or devices; or for persons regulated by Nasdaq or Nasdaq activities; or collected by the Nasdaq from other sources.

The word „or“ contains the word „and.“ The term „rights or losses“ refers to all liabilities, commitments, losses, losses, damages, penalties, shares, shares, fees, judgments, comparisons and expenses of any kind, whether contracted by a party or by a third party or issued against third parties, including, without restriction, (1) indirectly, particularly, punitive, consecutive or incidental (including, but not limited, to loss-making trading , loss of expected profits), loss due to operating stoppages or increased operating costs or other indirect losses or damages) and (2) administrative costs, investigation costs, court costs, audit costs, fees and fees (including internal staff). The term „person“ refers to any individual, property, entity, partnership or other entity. The term „non-professional subscriber“ refers to any natural person who is neither registered nor qualified in any capacity with the SEC, the Commodities Futures Trading Commission, a public investment agency, a stock exchange or securities association, a contract or futures contract or commodity; (b) are „investment advisors,“ as defined in Section 201 (11) of the Investment Advisors Act 1940 (whether registered or unqualified under the Act); (c) is also not employed by a bank or other organization that, under federal or securities laws, is excluded from registration to perform functions that would require registration or qualification if such functions were performed for an organization that is not exempt.