Australian Conditional Trading Risk Disclosure Statement. (a) This Risk Disclosure Statement does not disclose all the risks associated with the use of an Australian Conditional Order Instruction. It should not be relied upon as a complete explanation of the risks involved with using an Australian Conditional Order Instruction. If you need further explanation of the risks associated with the use of an Australian Conditional Order Instruction, you should seek appropriate professional advice. (b) While the intention of an Australian Conditional Order Instruction is to limit losses to a certain amount, an Instruction may not always be effective because market conditions may make it impossible to execute a particular instruction. (c) Market conditions such as illiquidity may make it difficult or impossible for Futu to find sufficient counterparty volume to purchase/sell securities between the conditional Trigger price and the Limit price. (d) Action by a Market Operator such as the suspension of trading in certain securities may make it difficult or impossible to effect transactions so as to limit losses. (e) An Australian Conditional Order Instruction does not make any provision for temporary falls or rises in security prices. Security prices may return to, exceed or fall short of the Trigger price at which Futu was instructed to buy or sell, within a short period of time. (f) It may not be possible for Futu to carry out your instruction, if to do so would, in the opinion of Futu or the regulatory authorities, result in illegal conduct such as market manipulation.
Appears in 4 contracts
Samples: Client Services Agreement, Client Services Agreement, Client Services Agreement
