RISK DISCLOSURE STATEMENTS. 37.1 General risk disclosure statement applicable to all Securities The prices of securities fluctuate, sometimes dramatically. The price of a Security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling Securities.
37.2 Risk disclosure statement on the Growth Enterprise Market (“GEM”)
(a) Growth Enterprise Market (GEM) stocks involve a high investment risk. In particular, companies may list on GEM with neither a track record of profitability nor any obligation to forecast future profitability. GEM stocks may be very volatile and illiquid.
(b) You should make the decision to invest only after due and careful consideration. The greater risk profit and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors.
(c) Current information on GEM stocks may only be found on the internet website operated by The Stock Exchange of Hong Kong Limited. GEM Companies are usually not required to issue paid announcements in gazetted newspapers.
(d) You should seek independent professional advice if you are uncertain of or have not understood any aspect of this risk disclosure statement or the nature and risks involved in trading of GEM stocks.
37.3 Risk disclosure statement on Margin Trading The risk of loss in financing a transaction by deposit of collateral is significant. You may sustain losses in excess of your cash and any other assets deposited as collateral with us. Market conditions may make it impossible to execute contingent orders, such as “stop-loss” or “stop- limit” orders. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. You should therefore carefully consider whether such a financing arrangement is suitable in light of your own financial position and investment objectives.
37.4 Risk disclosure statement on transactions over Internet We shall take all reasonably practicable steps to secure the transmission of information and communication between you and us via the Internet. However, you acknowledge that complete security cannot be guaranteed and any Transaction over the Internet may be subject to inte...
RISK DISCLOSURE STATEMENTS. 15.1 Risk of margin trading The risk of loss in financing a transaction by deposit of Collateral is significant. The Client may sustain losses in excess of the Collateral. Market conditions may make it impossible to execute contingent orders, such as “stop-loss” or “stop-limit” orders. The Client may be called upon on short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, the Client’s Collateral may be liquidated without the Client’s consent. Moreover, the Client will remain liable for any resulting deficit in the Margin Account and interest charged thereon. The Client should therefore carefully consider whether such a financing arrangement is suitable in light of the Client’s own financial position and investment objectives or to obtain advice from a licensed independent financial advisor.
15.2 Risk of providing an authority to re-pledge Securities Collateral etc. There is risk if Client provides GTJAS with an authority that allows it to apply Client Securities or Securities Collateral pursuant to a securities borrowing and lending agreement, re-pledge his Securities Collateral for financial accommodation or deposit his Securities Collateral as collateral for the discharge and satisfaction of his settlement obligations and liabilities. If Client’s Securities or Securities Collateral are received or held by him in Hong Kong, the above arrangement is allowed only if the Client gives consent in writing. Moreover, unless the Client is a professional investor, his authority must specify the period for which it is current and be limited to not more than twelve (12) months. If the Client is a professional investor, these restrictions do not apply. Additionally, Client’s authority may be deemed to be renewed (i.e. without his written consent) if GTJAS issues the Client a reminder at least fourteen (14) days prior to the expiry of the authority, and the Client does not object to such deemed renewal before the expiry date of the then existing authority. The Client is not required by any law to sign these authorities. But an authority is required by GTJAS, for example, to facilitate margin lending to the Client or to allow Client’s Securities or Securities Collateral to be lent to or deposited as collateral with third parties. GTJAS should explain to the Client the purposes for which one of these authorities is to be used. If the Client signs one of these aut...
RISK DISCLOSURE STATEMENTS. 22.1 The Client acknowledges that the relevant risk disclosure statements specified in Part 3A hereof form part of this Agreement. If the Client is allowed to use Electronic Trading Services provided by GNS, the Client shall further acknowledge the relevant risk disclosure statements set out in Part 3B hereof.
RISK DISCLOSURE STATEMENTS. You acknowledge that due to the volatile nature of securities markets, the purchase and writing of options over securities involves a high degree of risk. Warning to Option Holders Some options may only be exercised on its expiry day (European-style Exercise) and other options may be exercised at any time before expiration (American-style Exercise). You understand that upon exercise some options require delivery and receipt of the underlying security and that other options require a cash payment. An option is a wasting asset and there is a possibility that, as an option holder, you may suffer the loss of the total premium paid for the option. You acknowledge that, as an option holder, in order to realize a profit it will be necessary to either exercise the option or close the long option position in the market. Under some circumstances, it may be difficult to trade the option due to lack of liquidity in the market. You acknowledge that we have no obligation either to exercise a valuable option in the absence of your instruction or to give to you prior notice of the expiration date of the option. Warning to Option Writers As a writer of an option, you may be required to pay additional margin at any time. You acknowledge that as an option writer, unlike an option holder, you may be liable for unlimited losses based on the rise or fall of the price of the underlying securities and your gains are limited to the option premium. Additionally, writers of American-style call (put) options may be required at any time before expiry to deliver (pay for) the underlying securities to the full value of the strike price multiplied by the number of underlying securities. You recognize that this obligation may be wholly disproportionate to the value of premium received at the time the options were written and may be required at short notice.
RISK DISCLOSURE STATEMENTS. These Risk Disclosure Statements do not disclose all the risks and other significant aspects of any transactions or Services provided. You should therefore carefully consider whether the transactions entered into directly by you are suitable for you in light of your investment objectives, financial circumstances, your tolerance to risks and your investment experience. In considering whether to trade or invest, you should inform yourself and be aware of the risks generally, and in particular should note the following:
RISK DISCLOSURE STATEMENTS. 24.1 The following statements are furnished to the Client in accordance with the Code of Conduct for Persons Licensed By or Registered With the Securities and Derivatives Commission. The risk of loss in trading futures contracts or options is substantial. In some circumstances, the Client may sustain losses in excess of the Client’s initial margin funds. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. The Client may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, the Client’s position may be liquidated. The Client will remain liable for any resulting deficit in the Client’s account. The Client should therefore study and understand futures contracts and options before the Client trades and carefully consider whether such trading is suitable in the light of the Client’s own financial position and investment objectives. If the Client trades options, GTJAF should inform the Client of exercise and expiration procedures and the Client’s rights and obligations upon exercise or expiry. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the SFO and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong. If the Client provides GTJAF with an authority to hold mail or to direct mail to third parties, it is important for the Client to promptly collect in person all contract notes and statements of my/our Account and review them in detail to ensure that any anomalies or mistakes can be detected in a timely fashion.
RISK DISCLOSURE STATEMENTS. 16.1 The Customer hereby acknowledges and declares, that in relation to such risks, Xxxxxxx.XX:
(i) has made available to the Customer, the IPS on the Platform and risk disclosure statement (as laid out in Schedule 5) (the “Risk Disclosure Statement”) in English and/or Chinese;
(ii) has invited the Customer to read, ask questions and obtain independent professional advice should the Customer consider it necessary; and
(iii) has been provided with full explanation of the contents of the IPS and Risk Disclosure Statement to the Customer in English/Chinese language which the Customer understands.
16.2 Xxxxxxx.XX shall, while making an Investment Advice, make adequate disclosure to the Customer of all material facts relating to the key features of the products or securities, particularly, performance track record.
RISK DISCLOSURE STATEMENTS. 59.1 The following statements are furnished to the Client in accordance with the Code of Conduct for Persons Licensed By or Registered With the Securities and Futures Commission. Risk of Trading Options
RISK DISCLOSURE STATEMENTS. 28.1 The Client acknowledges that the prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities. This is a risk that the Client is prepared to accept.
28.2 The Client acknowledges that Growth Enterprise Market of the Stock Exchange (“GEM”) stocks involve a high investment risk. In particular, companies may list on GEM with neither a track record of profitability nor any obligation to forecast future profitability. GEM stocks may be very volatile and illiquid. The Client acknowledges and understands that he should make the decision to invest only after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. The Client acknowledges and understands that current information on GEM stocks may only be found on the internet website operated by the Stock Exchange. GEM companies are generally not required to issue paid announcements in gazetted newspapers. This sub-clause does not purport to disclose all the risks and other significant aspects of GEM. The Client understands and acknowledges that he should undertake its own research and study on the trading of securities on GEM before commencing any trading activities, and that he should seek independent professional advice if he is uncertain of or has not understood any aspect of this sub-clause or the nature and risks involved in trading of GEM stocks.
28.3 The Client acknowledges that client assets received or held by the Company outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.
28.4 The Client also acknowledges that there are risks in leaving securities in the custody of the Company, its associated entities or its agents. For example, if the Company is holding the Client’s securities and becomes insolvent, the Client may experience significant delay in recovering securities. These are risks that the Client is prepared to accept.
28.5 If the Company commits a default as defined in Part XII of the Securities and Futures Ordinance and a...
RISK DISCLOSURE STATEMENTS. Risk of Trading Futures and Options
