Common use of NON ADVISED Clause in Contracts

NON ADVISED. Execution only We deal on an execution only basis and do not advise on the merits of particular Transactions, or their taxation consequences. General Recommendation Any material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research and is provided by a third party provider. Nothing in this communication contains, or should be considered as containing, investment advice or investment recommendation or solicitation for the purpose of buying or selling of any financial instrument. All information provided is not a guarantee or reliable indicator of future performance. Any proposed products have been selected taking into account market conditions at a given moment. Investors acknowledge and agree that by their very nature, any investment in financial instruments is of a random nature and, therefore, any such investment constitutes a risky investment that is the sole responsibility of the investor. The financial instruments offered by the Company are high-risk products that can fluctuate significantly and present a high risk of capital loss. It is understood and accepted that we shall bear absolutely no responsibility regardless of the circumstances for any such trading signals or failings thereof. Own judgement and suitability Without prejudice to our foregoing obligations, in asking us to enter into any Transaction, you represent that you have been solely responsible for making your own independent appraisal and investigations into the risks of the Transaction. You represent that you have sufficient knowledge, market sophistication, professional advice and experience to make your own evaluation of the merits and risks of any Transaction and that you have read and accepted the Risk Disclosure Statement and guidelines in relation to the financial instruments and the markets which are available in our websites. We give you no warranty as to the suitability of the products traded under this Agreement and assume no fiduciary duty in our relations with you. Incidental information Where we do provide generic trading recommendations, market commentary or other information:

NON ADVISED. Execution only We deal on an execution only basis and do not advise on the merits of particular Transactions, or their taxation consequences. General Recommendation Any material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research and is provided by a third third-party provider. Nothing in this communication contains, or should be considered as containing, investment advice or investment recommendation or solicitation for the purpose of buying or selling of any financial instrument. All information provided is not a guarantee or reliable indicator of future performance. Any proposed products have been selected taking into account market conditions at a given moment. Investors acknowledge and agree that by their very nature, any investment in financial instruments is of a random nature and, therefore, any such investment constitutes a risky investment that is the sole responsibility of the investor. The financial instruments offered by the Company are high-risk products that can fluctuate significantly and present a high risk of capital loss. It is understood and accepted that we shall bear absolutely no responsibility regardless of the circumstances for any such trading signals or failings thereof. Own judgement judgment and suitability Without prejudice to our foregoing obligations, in asking us to enter into any Transaction, you represent that you have been solely responsible for making your own independent appraisal and investigations into the risks of the Transaction. You represent that you have sufficient knowledge, market sophistication, professional advice and experience to make your own evaluation of the merits and risks of any Transaction and that you have read and accepted the Risk Disclosure Statement and guidelines in relation to the financial instruments and the markets which are available in our websites. We give you no warranty as to the suitability of the products traded under this Agreement and assume no fiduciary duty in our relations with you. Incidental information ü Where we do provide generic trading recommendations, market commentary or other information:: ü this is incidental to your dealing relationship with us. It is provided solely to enable you to make your own investment decisions and does not amount to advice; ü where information is in the form of a document containing a restriction on the person or category of persons for whom that document is intended or to whom it is distributed, you agree that you will not pass it on to any such person or category of persons; ü we give no representation, warranty or guarantee as to the accuracy or completeness of such information or as to the tax consequences of any Transaction; ü you accept that prior to dispatch, we may have acted upon it ourselves or made use of the information on which it is based. We do not make representations as to the time of receipt by you and cannot guarantee that you will receive such information at the same time as other clients. Any published research reports or recommendations may appear in one or more screen information service. Conflicts of interest policy Please refer to our conflicts of interest policy for further information on how we manage conflicts which would affect the impartiality of investment research we provide to you. Upon request, we will provide you with any further details in that regard.