network link to any exchange fin.

[gulya7]

Не могу понять, что это за network link to any exchange - сетевое соединение (или ссылка на) с биржей (каналом обмена)?

our network link to any exchange in respect of which you may submit orders; or

Withdrawal Of Electronic Trading Access And Termination
12.2.1 Rights of termination: We have the right, unilaterally, at our discretion and without notice, to suspend or withdraw permanently your ability to use the Order Routing System, or any part thereof, in any of the following circumstances:
a) you are in breach of any term of this Agreement;
b) you fail to operate the Order Routing System in
accordance with Applicable Regulations or our
policies and procedures as notified by us to you
from time to time;
c) there is or has been a delay, suspension, defect in
or failure of the whole or any part of (or
combination of):
i. network, communication or computer systems or facilities owned or operated by you or any third party including, without limitation, your System and the Internet;

[fountik]

exchange = автоматическая телефонная станция (АТС) или коммутатор
СМ.
http://www.rfcmd.ru/dictionary

значит биржа здесь ни при чем.

network link to any exchange = сетевой канал до какой-либо АТС

[gulya7]

Спасибо за вариант... но тут еще такая загвоздка. Если бы не было слова Exchange, было бы как-то ясно. А так, как перевести дальше - сетевое соединение с коммутатором, в отношении которого? Вы вправе подавать заказы??? (что-то какая-то у меня белиберда получается). Так как речь идет об услугах электронной торговли брокером биржи, у меня возникло предположение - exchange - "биржа", то есть обеспечивается электронная связь с биржей...Может кто знает о технических нюансах электронной торговли и ? системе маршрутизации заказов?

You grant to us and to any Exchange in respect of which you may submit orders or receive information or data using the Order Routing System, the right, at any time or times, on reasonable notice (which, in certain circumstances, may be immediate) to enter (or to instruct our or the Exchange's subcontractors to enter) your premises and inspect your System to ensure that it complies with the requirements notified by us to you from time to time and that you are using the Order Routing System in accordance with, and otherwise complying with, this Agreement and any requirements of any relevant Exchange or Applicable Regulations.