RISK IN RELATION TO FUTURES 期貨相關風險 Sample Clauses

RISK IN RELATION TO FUTURES 期貨相關風險. A. Effect of “Leverage” or “Gearing” 「槓桿」效應 Transactions in futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract so that transactions are “leveraged” or “geared”. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. 期貨交易的風險非常高。由於期貨的開倉保證金的金額較期貨合約本身的價值相對為低, 因而能在期貨交易中發揮「槓桿」作用。市場輕微的波動也會對你投入或將要投入的資金造成大比例的影響。所以, 對你來說, 這種槓桿作用可說是利弊參半。因此你可能會損失全部開倉保證金及為維持本身的倉盤而向有關商號存入的額外金額。若果市況不利你所持倉盤或保證金水平提高, 你會遭追收保證金, 須在短時間內存入額外資金以維持本身倉盤。假如你未有在指定時間內繳付額外的資金, 你可能會被迫在虧蝕情況下平倉, 而所有因此出現的短欠數額一概由你承擔。