Common use of Off-Exchange Warrant Transactions Clause in Contracts

Off-Exchange Warrant Transactions. Transactions in off exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, or to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even when they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what a fair price is.

Off-Exchange Warrant Transactions. Transactions in off exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, or to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even when they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what is a fair price isprice.

Off-Exchange Warrant Transactions. Transactions in off off-exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, or to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even when where they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what a fair price is.

Off-Exchange Warrant Transactions. Transactions in off off-exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, or to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even when where they are, they will be established by dealers in these instruments and consequently it may be difficult to establish what is a fair price isprice. Your firm must make it clear to you if you are entering into an off-exchange transaction and advise you of any risks involved.

Off-Exchange Warrant Transactions. Transactions in off off-exchange warrants may involve greater risk than dealing in exchange traded warrants because there is no exchange market through which to liquidate your position, or to assess the value of the warrant or the exposure to risk. Bid and offer prices need not be quoted, and even when where they are, they will be established by dealers in these instruments will establish them and consequently it may be difficult to establish what a fair price is.