Common use of Off-Exchange Transactions Clause in Contracts

Off-Exchange Transactions. Transactions in off-exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even where they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what is a fair price. Your broker must make it clear to you if you are entering into an off-exchange transaction and advise you of any risks involved. Commissions Before you begin to trade you should have details of all commissions and other charges for which you will be liable. Foreign Markets Licensed by the Guernsey Financial Services Commission to conduct Banking & Investment Business Regulated by the Jersey Financial Services Commission Registered in Jersey 5905. Registered Office: St Paul’s Gate, New Street, St Helier, Jersey, JE4 8ZB, Channel Islands oreign markets will involve different risks to domestic markets. In some cases the risks will be greater. On request, your broker must provide an explanation of the protections which will operate in any relevant foreign markets, including the extent to which they will accept liability for any default of a foreign broker through whom they deal. The potential for profit or loss from transactions on foreign markets will be affected by fluctuations in foreign exchange rates.