Derivative Risks. This brief statement does not disclose all of the risks and other significant aspects of trading in derivatives. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk. Trading in derivatives is not suitable for many members of the public. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances.
Derivative Risks. 由於外匯、保證金交易、選擇權及其他衍生性商品交易（包括結構型債券及商品）（以下合稱「衍生性商品」）具劇烈變動之特性，因此，從事衍生性商品交易即涉有風險（可能係實質風險）。客戶應慎重衡量其本身之財務狀況是否適宜進行衍生性商品交易。本行就任何從事該衍生性商品交易所生之損失不負任何責任。 Due to the volatile nature of foreign exchange, margin trading, option and other derivatives transactions (including structured notes and products) (collectively, "Derivatives"), participation in a Derivative involves risk (which can be substantial). The Client should carefully consider whether Derivatives are appropriate for the Client in the light of the Client's financial circumstances. The Bank is not responsible for any losses whatsoever and howsoever arising from Derivatives Transactions.
Derivative Risks. The derivatives will entail a counter party risk to the extent of amount that can become due from the party. The cost of hedge can be higher than adverse impact of market movements. An exposure to derivatives in excess of hedging requirements can lead to losses. An exposure to derivatives can also limit the profits from a genuine investment transaction. Efficiency of a derivatives market depends on the development of a liquid and efficient market for underlying securities and also on the suitable and acceptable benchmarks.
