Common use of CONTRACT OPTIONS Clause in Contracts

CONTRACT OPTIONS. Option trading is highly speculative and is not suitable for all investors due to the risks involved. Buyers and sellers of Contract Options should familiarise themselves with the type of option (i.e. put or call, bought or sold) they intend to trade and the associated risks. Contract Options are traded with the custodian as counterparty to the trades; this implies that any position opened with the custodian can only be closed with the same custodian.

CONTRACT OPTIONS. a) Option trading is highly speculative and is not suitable for all investors due to the risks involved. Buyers and sellers of Contract Options should familiarise themselves familiarisethemselves with the type of option (i.e. put or call, bought or sold) they intend to trade and the associated risks. Contract Options are traded with the custodian as counterparty to the trades; this implies that any position opened with the custodian can only be closed with the same custodian.