The following statements are intended to inform the
Customer about risks in respect of the trading activity
on the financial markets. The Customer shall make aware
of possibility of loss regarding to these risks. The
statements shall have informative nature and shall not
be considered by the Customer as enumeration of all
potential risks.
Use of "leverage" An effect of leverage used by the Customer
during execution of orders may have great impact on
the Customer's trading account even under small changes
in courses of used instruments. The Customer should
realize that if the market trend is against his/her/its
open positions the possibility of losses which make
up the amount of initial deposit with account take
of additional funds intended to sustain open positions
is very high. The Customer shall take full responsibility
for use of his/her/its own resources as well as risks.
Instability of instruments Most of instruments used for operation on
the financial markets may change substantially in
the course of day and it may yield both losses and
profits.
Technical risks
The Company shall not be responsible for financial
losses of the Customer arisen due to failure of
electric, communication or information systems.
Working with the client terminal the Customer
shall take risks arisen due to the following causes:
defects in equipment, software, connection
from the Customer's side;
improper work of the Customer's equipment;
errors in settings of the client terminal;
late upgrade of version of the client terminal;
non-observance by the Customer of instructions
on use of the client terminal.
The Customer should understand that during
execution of orders with the use of telephone
the problem of impossibility to get through to
operator may occur especially in case of overload.
Market Risks
The Customer agrees that in case of occurrence of
conditions different from normal ones on the market,
the time of processing of request and instructions
of the Customer may increase.
Trading platform risks
The Customer shall remember that the Customer's
instructions shall come in the Company's server
and be executed in turn. That's why if the first
request of the Customer is not processed the other
can't be sent. In case of arrival of second request
before execution of the first one the second request
shall be rejected. The Customer shall take responsibility
for possibility of execution of unplanned trading
operation under second request for its execution
before informing his/her/its about results of
the first one.
The Customer shall acknowledge that closing
of order's window or position shall not entail
cancellation of incoming request of the Customer.
Quotes provided to the Customer by server of
the Company shall be acknowledged by the Customer
as the only valid ones. In case of errors in connection
between the client terminal and the Company's
server, the Customer may receive unreached information
about quotes from the quote base in the client
terminal.
Communication risk
The Customer shall make aware of risk of unauthorized
access to information sent by the Customer via
e-mail if it is not encrypted.
The Company shall not be responsible for financial
losses of the Customer occurred due to delay or
non-receipt by the Customer of the Company's message.
The Customer shall be responsible for safety
of confidential data regarding access to his/her/its
trading account as well as confidential data given
by the Company. The Company shall not be responsible
for financial losses due to disclosure by the
Customer of such information to the third party.
Force majeure
The Company shall not be responsible for financial
losses of the Customer due to force majeure.