Common use of Investor Compensation Fund Clause in Contracts

Investor Compensation Fund. 5.1 If the Client suffers pecuniary loss by reason of Galaxy International Securities’ and/or Galaxy International Futures’ default as defined in Part XII of the Securities and Futures Ordinance the Client may make a claim under the Investor Compensation Fund established under the Securities and Futures Ordinance or any other Governing Rules but subject to such monetary limits and terms specified in the Securities and Futures (Investor Compensation – Compensation Limited) Rules. There can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Investor Compensation Fund in full, in part or at all.

Investor Compensation Fund. 5.1 6.1 If the Client suffers pecuniary loss by reason of Galaxy International Securities’ and/or Galaxy International Futures’ default as defined in Part XII of the Securities and Futures Ordinance the Client may make a claim under the Investor Compensation Fund established under the Securities and Futures Ordinance or any other Governing Rules but subject to such monetary limits and terms specified in the Securities and Futures (Investor Compensation – Compensation Limited) Rules. There can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Investor Compensation Fund in full, in part or at all.