Trade Data. You acknowledge that we own any and all trade data generated from the trading conducted by you with us (the “Trade Data”); subject to any and all rights or obligations under this Agreement, the Trade Data shall not be used in a manner that (a) allows access by a third party to any personally identifiable information about you or (b) is manifestly detrimental to any of your interests. We shall retain ownership of the Trade Data and may license the use thereof, in our sole discretion, to our Associates or to other persons. You will not acquire any such right, title or interest and to the extent that such right, title or interest therein first vests in you by operation of law or otherwise you hereby irrevocably and unconditionally assign to us throughout the world without reservation or encumbrance all such right, title and interest in and to all such Trade Data, and improvements to and modifications of them without the requirement of further payment.
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Sources: Standard Terms of Business, Standard Terms of Business, Standard Terms of Business