Common use of FINANCIAL GUARANTEES Clause in Contracts

FINANCIAL GUARANTEES. The Clients shall also commit, once executing any sale or purchase transaction, to follow up on their open position and place by themselves Stop Loss Orders in order to minimize their loss within the Margin the deposited; otherwise, the Clients shall be considered as if he they delegated the Financial Institution irrevocably to put such stop loss orders on their behalf at any time the Financial Institution deems necessary without referring to them and without the Clients having the right to object . • The Clients shall also undertake to pay the due amounts resulting from their incapacity of closing any of their positions as the markets close at their Limit Up or Limit Down. The Clients shall assume the full responsibility for any loss that may result from any unforeseeable, external and uncontrollable event (all together referred to as “Force-Majeure”) or any extreme moves and fluctuations in the deficit of their account. • Knowing that the issue of urgent and unexpected orders like “stop loss” might not necessarily lead to a limitation of Clients losses to the required or desired level, when market conditions are such as to bear any execution of such orders. • The Clients acknowledge that the Financial Institution has the right to hedge and not close the needed positions, on Fridays and Holidays and that stop out can reach below required percentages in a volatile market or when holding big amount of positions. Therefore, the Clients shall ensure that they have sufficient funds in their account in order to maintain the open positions. • The Clients should call the Financial Institution to give their instructions with respect to their open positions before the expiration of their respective future contracts, otherwise the Financial Institution, without referring to the account, shall liquidate these positions.

FINANCIAL GUARANTEES. The Clients client shall also commit, once executing any sale or purchase transaction, to follow up on their his open position and place by themselves himself Stop Loss Orders in order to minimize their his loss within the Margin the he deposited; otherwise, the Clients Client shall be considered as if he they delegated the Financial Institution irrevocably to put such stop loss orders on their his behalf at any time the Financial Institution deems necessary without referring to them him and without the Clients Client having the right to object object. • The Clients Client shall also undertake to pay the due amounts resulting from their his incapacity of closing any of their his positions as the markets close at their Limit Up or Limit Down. The Clients Client shall assume the full responsibility for any loss that may result from any unforeseeable, external and uncontrollable event (all together referred to as “Force-Majeure”) or any extreme moves and fluctuations in the deficit of their his account. • Knowing that the issue of urgent and unexpected orders like “stop loss” might not necessarily lead to a limitation of Clients Client losses to the required or desired level, when market conditions are such as to bear any execution of such orders. • The Clients acknowledge Client acknowledges that the Financial Institution has the right to hedge and not close the needed positions, on Fridays and Holidays and that stop out can reach below required percentages in a volatile market or when holding big amount of positions. Therefore, the Clients Client shall ensure that they have he has sufficient funds in their his account in order to maintain the open positions. • The Clients Client should call the Financial Institution to give their it his instructions with respect to their his open positions before the expiration of their respective future contracts, otherwise the Financial Institution, without referring to the accounthim, shall liquidate these positions.. NAME SIGNATURE DATE

FINANCIAL GUARANTEES. The Clients client shall also commit, once executing any sale or purchase transaction, to follow up on their his open position and place by themselves himself Stop Loss Orders in order to minimize their his loss within the Margin the he deposited; otherwise, the Clients Client shall be considered as if he they delegated the Financial Institution irrevocably to put such stop loss orders on their his behalf at any time the Financial Institution deems necessary without referring to them him and without the Clients Client having the right to object . • The Clients Client shall also undertake to pay the due amounts resulting from their his incapacity of closing any of their his positions as the markets close at their Limit Up or Limit Down. The Clients Client shall assume the full responsibility for any loss that may result from any unforeseeable, external and uncontrollable event (all together referred to as “Force-Majeure”) or any extreme moves and fluctuations in the deficit of their his account. • Knowing that the issue of urgent and unexpected orders like “stop loss” might not necessarily lead to a limitation of Clients Client losses to the required or desired level, when market conditions are such as to bear any execution of such orders. • The Clients acknowledge Client acknowledges that the Financial Institution has the right to hedge and not close the needed positions, on Fridays and Holidays and that stop out can reach below required percentages in a volatile market or when holding big amount of positions. Therefore, the Clients Client shall ensure that they have he has sufficient funds in their his account in order to maintain the open positions. • The Clients Client should call the Financial Institution to give their it his instructions with respect to their his open positions before the expiration of their respective future contracts, otherwise the Financial Institution, without referring to the accounthim, shall NAME SIGNATURE DATE liquidate these positions.

FINANCIAL GUARANTEES. The Clients client shall also commit, once executing any sale or purchase transaction, to follow up on their his open position and place by themselves to put himself Stop Loss Orders in order to minimize their his loss within the Margin the he deposited; otherwise, the Clients Client shall be considered as if he they delegated the Financial Institution irrevocably to put such stop loss orders on their his behalf at any time the Financial Institution deems necessary without referring to them him and without the Clients Client having the right to object . • The Clients Client shall also undertake to pay the due amounts resulting from their his incapacity of closing any of their his positions as the markets close at their Limit Up or Limit Down. The Clients Client shall assume the full responsibility for any loss that may result from any unforeseeable, external and uncontrollable irresistible event (all together referred to as “Force-Majeure”) or any extreme hectic moves and fluctuations fluctuations in the deficit deficit of their his account. • Knowing that the issue of urgent and unexpected orders like “stop loss” might not necessarily lead to a limitation of Clients Client losses to the required or desired level, when market conditions are such as to bear any execution of such orders. • The Clients acknowledge Client acknowledges that the Financial Institution has the right to hedge and not close the needed positions, on Fridays and Holidays and that stop out can reach below required reqyured percentages in a volatile market or when holding big amount of positions. Therefore, the Clients Client shall ensure that they have sufficient he has sufficient funds in their his account in order to maintain mantain the open positions. • The Clients Client should call the Financial Institution to give their it his instructions with respect to their his open positions before the expiration of their respective future contracts, otherwise the Financial Institution, without referring to the accounthim, shall liquidate these positions.. Name Signature Date

FINANCIAL GUARANTEES. The Clients client shall also commit, once executing any sale or purchase transaction, to follow up on their his open position and place by themselves to put himself Stop Loss Orders in order to minimize their his loss within the Margin the he deposited; otherwise, the Clients Client shall be considered as if he they delegated the Financial Institution irrevocably to put such stop loss orders on their his behalf at any time the Financial Institution deems necessary without referring to them him and without the Clients Client having the right to object . • The Clients Client shall also undertake to pay the due amounts resulting from their his incapacity of closing any of their his positions as the markets close at their Limit Up or Limit Down. The Clients Client shall assume the full responsibility for any loss that may result from any unforeseeable, external and uncontrollable irresistible event (all together referred to as “Force-Majeure”) or any extreme hectic moves and fluctuations in the deficit of their his account. • Knowing that the issue of urgent and unexpected orders like “stop loss” might not necessarily lead to a limitation of Clients Client losses to the required or desired level, when market conditions are such as to bear any execution of such orders. • The Clients acknowledge Client acknowledges that the Financial Institution has the right to hedge and not close the needed positions, on Fridays and Holidays and that stop out can reach below required reqyured percentages in a volatile market or when holding big amount of positions. Therefore, the Clients Client shall ensure that they have he has sufficient funds in their his account in order to maintain mantain the open positions. • The Clients Client should call the Financial Institution to give their it his instructions with respect to their his open positions before the expiration of their respective future contracts, otherwise the Financial Institution, without referring to the accounthim, shall liquidate these positions.. Name Signature Date