Legal Disclaimer


Understanding your position as an investor

Suspension or Restriction of Trading and Pricing Relationships

Market conditions that limit liquidity or where the regular operations and rules of a market are disrupted, for example the suspension of trading in any contract or contract month because of price limits or 'circuit breakers'. These circumstances may increase the risk of financial loss by making it more difficult or maybe impossible to effect trades, transactions, liquidate or offset positions. Furthermore, the regular pricing relationship between the underlying interest and the future, and also the underlying interest and the option might not exist. This may occur when, for example, a futures contract underlying an option is subject to price limits whilst the option is not. The absence of any underlying reference price can make it difficult to produce a "fair" value.

Currency Risks

The potential profit and loss involved in transactions in foreign currency denominated contracts, regardless of which jurisdiction they are traded in, will be affected by fluctuations in currency rates where there is need to convert from a currency denominated in the contract to another currency.

Disclosure Statement

Equities, futures and options trading can carry substantial risk of financial loss and may not suitable for all investors. Investors could lose more than their initial investment with future trades and all the initial investment with option trades. Past performance is not always indicative of future results.