License notes

"DAX®", "TecDAX®", "MDAX®", "VDAX-NEW®", "SDAX®", "DivDAX®", "X-DAX®" and "GEX®" are registered trademarks of ISS STOXX Index GmbH. The financial instruments are neither sponsored nor promoted, distributed or in any other manner supported by ISS STOXX Index GmbH or Deutsche Börse AG.

EURO STOXX 50®, STOXX 50®, STOXX® 600 and their trademarks, STOXX® Europe 600 Oil & Gas, STOXX® Europe 600 Basic Resources, EURO STOXX 50® DVP, EURO STOXX® Banks are registered trademarks of STOXX Ltd., ISS STOXX Index GmbH, or their licensors. The financial instruments are neither sponsored nor promoted, distributed or in any other manner supported by STOXX Ltd., ISS STOXX Index GmbH or their licensors.

The "S&P 500®" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by HSBC Trinkaus & Burkhardt GmbH. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Products of HSBC Trinkaus & Burkhardt GmbH are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®.

The "Dow Jones Industrial Average®" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by HSBC Trinkaus & Burkhardt GmbH. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Products of HSBC Trinkaus & Burkhardt GmbH are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the Dow Jones Industrial Average®.

Nasdaq®, Nasdaq-100 Index® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by HSBC Trinkaus & Burkhardt GmbH. The Products have not been passed on by the Corporations as to their legality or suitability. The Products are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCTS.

"CAC 40®" and "CAC®" are registered trademarks of Euronext N.V. or its subsidiaries.

"AEX®" and "AEX-index®" are registered trademarks of Euronext N.V. or its subsidiaries.