We're pleased to announce updates to the Derivatives Terms of Service. The update includes changes to: - Clarify the definition of "Associates"; - Add new definitions for "Bitfinex Account" and "Derivative Account"; - Clarify the "U.S. Citizen or U.S. Resident" definition; - Clarify the relationship between your Bitfinex Account and your Derivative Account; - Clarify and the treatment of user feedback and suggestions; - Update the jurisdictions which may be subject to enhanced due diligence; - Clarify and refine the representations and warranties you make to us; - Clarify and refine the limitations of liability, indemnities and releases you provide to us; - Confirm that balances reflected on our platform are not subject to the protections or insurance of any government; - Clarify the third party rights provisions; and - Clarify and refine various other provisions in the Terms of Service. Corresponding edits have been made to the documents incorporated into the Derivatives Terms of Service. The above summary description is for convenience purposes only. The updated Derivatives Terms of Service can be found here. If there are any differences between the description above and the Derivatives Terms of Service, the Derivatives Terms of Service will govern. Please read the updated Derivatives Terms of Service carefully to ensure you understand and agree to them. The derivatives platform is provided by iFinex Financial Technologies Limited. References to "we" or "us" in this post are references to iFinex Financial Technologies Limited.