1. Acceptance
Please read the following legal notes/conditions of use carefully before accessing the website of Baltrag. By accessing the Baltrag website, you declare that you have understood the legal notes/conditions and accept them in full. If you disagree with or do not understand one or more of the provisions in the present Disclaimer, kindly leave the Baltrag website.

2. Restricted access
Access to the Baltrag website is not permitted to people who, especially on account of their nationality and/or place of residence, are subject to legal regulations that prohibit the publication of the content of the Baltrag website or access to the Baltrag website (no matter what the reasons). People to whom this restriction applies are forbidden from accessing the Baltrag website.

3. No offer
The information and opinions published on the Baltrag website do not constitute advertising, recommendations or encouragement, offers or invitations to (i) Purchase or sell investment vehicles; (ii) Conduct such transactions; or (iii) Conclude other legal business. They are exclusively for informational purposes. We cannot exclude the possibility that the described investment vehicles or services are unsuitable for you or are unavailable.

4. No advice
The information and opinions published on the Baltrag website do not serve as investment advice, nor do they constitute advice on legal, fiscal, business or other matters in any way. They are unsuitable as the basis for decision-making. Please seek advice from specialized experts before deciding on any specific course of action. The presentation of content over the Internet and the consultation thereof do not establish any legal relationship whatsoever between the provider and the user.

5. No guarantees
Baltrag takes utmost care in preparing the content of this website. The content on the Baltrag website is constantly updated and checked for correctness. Nevertheless, Baltrag offer no guarantees (whether explicit or tacit) and make no promises about whether the content published on the Baltrag website is correct, accurate, up-to-date or complete. In particular, Baltrag is in no way obliged to update outdated information or opinions, remove these from the Baltrag website or flag them accordingly. The information and opinions available on the Baltrag website are subject to change at any time without prior notification.

Furthermore, Baltrag accepts no responsibility and offers no guarantees that the functions on the Baltrag website will not be interrupted or error-free, that faults will be repaired or that the servers from which the content can be obtained are free of viruses, Trojans, worms, software bombs or other harmful components or programs.

All the data provided through this website, including financial market data, exchange-rate information, reports, research and other financial information, comes from sources that are carefully chosen and considered reliable. All available information is provided to users without guarantees about its accuracy and without explicit or tacit guarantees or warranties with regard to quality, originality, copyright-infringement or its suitability for a specific purpose.

6. No liability
Baltrag accepts no liability and makes no guarantees that the information made available on its website is up-to-date, correct or complete. Baltrag shall not be liable for either direct or indirect damage, including loss of earnings, incurred on the basis of information provided on the Baltrag website or directly or indirectly related to use of the Baltrag website and the content therein or the risks of the financial markets. Liability shall be restricted to negligence or foreseeable damage and excluded with regard to consequential damage and loss of earnings.

7. Property rights, copyright and trademarks
All the elements on the Baltrag website are protected by intellectual property rights and are the property of Baltrag or third parties. Downloading or printing elements of the Baltrag website shall not transfer any rights thereto, in particular rights with regard to software or brands. Copyright and trademark notices may be neither changed nor removed. Reproduction of parts of or complete elements of the Baltrag website, no matter what form this may take (especially electronically or printed), is permissible only if accompanied by complete references to the source and with prior consent from Baltrag.

8. Communication
The content of any communication sent to Baltrag via e-mail or through the internet is not secure and is done on a non-confidential basis. Baltrag does not take any responsibility for transmission of confidential information via e-mail or through the internet.