Terms-and-conditions
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general-terms-and-conditions (stamp is back) (1)
RISK DISCLOSURE
(Appendix No 3 to the Agreement for international financial services) The purpose of this Risk Disclosure (here and after – the Disclosure) is to disclose the information about risks related to Operations on the financial markets to the Client and to warn the Client about possible financial losses in connection with these risks. The list of risks defined in this Disclosure is not exhaustive because of the variety of possible situations arising while conducting those Operations. 1. When conducting Operations on the international financial markets, a rather small change in the Underlying Asset price may have a significant impact on the equity of the Client's Trading Account due to the Leverage effect. Due to this fact in case market moves against the Client's position, the Client can sustain a loss in the amount of funds deposited to the Trading Account and any other funds transferred by him to the Trading Account for the Open Positions maintenance. The Client shall be fully responsible for all risk assessments, for using funds and for choosing the corresponding trading strategy. 2. A number of Instruments have a significant intraday price change range which implies a high probability of receiving profit or sustaining losses on the Operations in question. In case of high volatility, low liquidity and other significant market conditions changes that cause the price change of 5% and more during the period not longer than a Trading day time-span, the Company is entitled to fix the financial result of the Client’s Operations at a price that doesn’t differ by more than 5% from the starting point of the financial instruments price change established by the Company. 3. The Client shall assume the risk of financial losses due to a malfunction of informational, communication, electrical and (or) other systems used for conducting the Operations stipulated by the Agreement and its Appendices. 4. The Client admits that in abnormal market conditions the time of the Client's instructions and Orders processing can increase. 5. The Client shall take risks of financial losses caused by force-majeure circumstances including but not limited: 5.1. strikes, mass riots or civil strives, acts of terrorism, wars, natural disasters, accidents, fires, floods, storms, hurricanes, interruptions of electricity, communication, software or electronic equipment, which by the Company’s well-grounded opinion resulted in market or markets destabilization of one or several trading Instruments; 5.2. interruption, liquidation or closing of some market or absence of any event which is a ground for the Company’s Quotes, bringing in Limitations or special or unstandardized trading conditions as well as conducting Operations at any market or in respect of any event of this kind. 6. When planning and executing Operations related to the increased risk, the Client shall take into account that in practice the probabilities of positive and negative deviation of a real result from the planned (or expected) one often contemporize and realize depending on a number of particular circumstances which Level of measurement determines the effectiveness of the Client's Operations. 7. In consideration of the foregoing the Company shall recommend the Client to consider if risks resulting from the Operations conducting on the international financial market are acceptable with due regard to goals and financial capacities of the Client. 8. This Disclosure is not intended to make the Client reject the Operations execution on the international financial market but to help the Client to assess risks related to the operations execution and to be responsible when considering the type of the business strategy within the framework of the Agreement concluded with the Company. Download 496.38 Kb. Do'stlaringiz bilan baham: |
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