Common use of RISK OF TRADING FUTURES AND OPTIONS Clause in Contracts

RISK OF TRADING FUTURES AND OPTIONS. The risk of loss in trading futures contracts or options is substantial. In some circumstances, the Customer may sustain losses in excess of the Customer’s initial margin funds. Placing contingent orders, such as “stop-Ioss” or “stop-limit” orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. The Customer may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, the Customer’s position may be liquidated. The Customer will remain liable for any resulting deficit in the Customer’s account. The Customer should therefore study and understand futures contracts and options before the Customer trades and carefully consider whether such trading is suitable in the light of the Customer’s own financial position and investment objectives. If the Customer trades options, the Customer should inform themselves of the exercise and expiration procedures and the Customer’s rights and obligations upon exercise or expiry.

RISK OF TRADING FUTURES AND OPTIONS. The risk of loss in trading futures contracts or options Options is substantial. In some circumstances, the Customer Client may sustain losses in excess of the CustomerClient’s initial margin funds. Placing contingent orders, such as ““ stop-Iossloss” or “stop-limit” orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. The Customer Client may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, the CustomerClient’s position may be liquidated. The Customer Client will remain liable for any resulting deficit in the CustomerClient’s account. The Customer Client should therefore study and understand futures contracts and options Options before the Customer Client trades and carefully consider whether such trading is suitable in the light of the CustomerClient’s own financial position and investment objectives. If the Customer Client trades optionsOptions, the Customer GTJAS should inform themselves the Client of the exercise and expiration procedures and the CustomerClient’s rights and obligations upon exercise or expiry.