📘 GENERAL TERMS AND CONDITIONS (GTC) – Commodity Board Europe GmbH
Version: November 2025
Applicable to: CMB News, CMBroker, CMB Supplier, Digital Products, Memberships
1. Scope and Definitions
1.1
These General Terms and Conditions (“GTC”) govern the use of all digital services provided by Commodity Board Europe GmbH, including:
- the B2B information portal Commodity Board News,
- the trading and brokerage platform CMBroker,
- the supplier and offer management system CMB Supplier,
- associated market data services, APIs, memberships and digital products.
1.2
The services are directed exclusively at entrepreneurs (B2B) pursuant to §14 BGB.
Use by private consumers (§13 BGB) is strictly prohibited.
1.3
By registering a user account, accessing the platform or concluding a paid membership, the user accepts these GTC in their current version.
1.4
Deviating conditions of users do not apply unless explicitly confirmed in writing by Commodity Board Europe GmbH.
2. Services of Commodity Board
2.1
Commodity Board provides a business information portal including market reports, data, charts, and analytics (“CMB News”), a brokerage and trading support system (“CMBroker”), and a supplier platform (“CMB Supplier”).
2.2
Commodity Board may expand, modify, restrict or discontinue parts of the services at any time, provided such changes do not materially impair ongoing paid contractual obligations.
2.3
There is no legal entitlement to uninterrupted availability of the website or its data.
2.4
Registration is subject to verification of user information. Commodity Board may reject registrations at its discretion.
3. Conclusion of Contract
3.1
All offers presented by Commodity Board constitute an invitation to submit a legally binding order.
3.2
A contract for memberships, data products or subscriptions is concluded when the user submits an order (“Order subject to payment”).
3.3
Separate brokerage or trade contracts are handled by licensed brokers under the CMBroker system.
4. Prices and Payment
4.1
All prices are net in Euro and exclude VAT.
4.2
Fees for digital products, data services and memberships are payable in advance.
4.3
Invoices are issued at the beginning of the contract period.
4.4
For goods brokerage, individual commercial terms apply (e.g., as per Waren-Verein der Hamburger Börse e.V.).
5. Minimum Terms and Termination
5.1
Memberships and subscriptions have the minimum term indicated on the respective product page.
5.2
Termination before expiry of the minimum term is excluded.
5.3
After the minimum period, memberships can be cancelled at any time in text form.
5.4
Trial subscriptions convert to regular subscriptions unless cancelled before the trial period ends.
6. User Obligations
6.1
Users must provide truthful information and keep login credentials confidential.
6.2
Users may not:
- share their accounts with third parties,
- misuse the platforms,
- attempt unauthorized automated access,
- manipulate data or matching mechanisms,
- extract or scrape data without permission.
6.3
Users are responsible for compliance with all applicable trade, export and tax regulations.
7. Special Provisions for CMBroker
7.1
Only authorized brokers with valid licenses may create Buy Orders, Sell Orders or participate in auctions.
7.2
All trading activities within CMBroker are anonymous to the counterparties.
Only Commodity Board and the respective broker may access both sides.
7.3
A Buy Order constitutes a request for supply of a transport unit (truck, 20ft container, 40ft container).
The broker is responsible for entering correct transport weights, specifications and months.
7.4
The platform provides:
- order books per product and month,
- auction functions,
- closing phases,
- matching mechanisms,
- contract creation,
- trade history.
7.5
Commodity Board acts only as platform provider and not as contracting party between buyer and seller unless explicitly agreed.
7.6
All users must ensure compliance with quality specifications, certifications and legal transport limitations.
8. Supplier Responsibilities (CMB Supplier)
8.1
Suppliers are responsible for the accuracy of all product, price and quality information.
8.2
FCA prices submitted in auctions must be binding and legally valid.
8.3
Suppliers guarantee that all goods offered meet the specifications listed in the platform.
9. Market Data, API and Digital Products
9.1
Commodity Board provides market data, charts, indices, price forecasts, AI-generated analysis and related datasets.
9.2
Commodity Board does not warrant accuracy, completeness or availability of market data.
9.3
Users may not redistribute, resell or publicly publish market data unless contractually permitted.
10. Data Sharing with Strategic Partners
10.1
Upon registration, users explicitly agree that Commodity Board may share business contact information (name, company, position, business email) with selected strategic partners, including but not limited to analytic service providers, solely for purposes of:
- co-branded market reports,
- enhanced market intelligence services,
- improved data offerings,
- invitations to industry events,
- co-developed digital products or analytics.
10.2
The legal basis is explicit consent (Art. 6(1)(a) GDPR).
Users may withdraw consent at any time.
10.3
Commodity Board does not transfer passwords, payment data, private addresses or sensitive information.
10.4
Partners receiving such data must comply with GDPR.
11. Intellectual Property
11.1
All texts, images, data, graphics and content are protected by copyright.
11.2
Reproduction, distribution, processing or extraction requires written consent.
12. Liability
12.1
Liability is limited to intent and gross negligence.
12.2
Commodity Board is not liable for:
- completeness or accuracy of data,
- outages or availability issues,
- third-party content or linked sites.
12.3
Mandatory statutory liability remains unaffected.
13. Blocking of Accounts
13.1
Commodity Board may temporarily or permanently disable accounts if:
- false data was provided
- unauthorized transfer of account occurred
- violations of these GTC occurred
- misuse or manipulation was detected
14. Applicable Law and Jurisdiction
German law applies.
Jurisdiction is Darmstadt, Germany.
15. Severability Clause
Invalid provisions shall be replaced by statutory rules.
Remaining provisions continue to apply.