Common use of RISK OF TRADING FUTURES AND OPTIONS Clause in Contracts

RISK OF TRADING FUTURES AND OPTIONS. I/We acknowledge that the risk of loss in trading futures contracts or options is substantial. In some circumstances, I/We may sustain losses in excess of my/our initial margin funds. Placing contingent order, such as “stop-loss” or “stop-limit” orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. I/We may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, my/our position may be liquidated. I/We will remain liable for any resulting deficit in my/our account. I/We should therefore study and understand futures contracts and options before I/We trade and carefully consider whether such trading is suitable in the light of my/our own financial position and investment objectives. If I/We trade options I/We should inform myself/ourselves of exercise and expiration procedures and my/our rights and obligations upon exercise or expiry.

RISK OF TRADING FUTURES AND OPTIONS. I/We acknowledge that the The risk of loss in trading futures contracts or options is substantial. In some circumstances, I/We we may sustain losses in excess of my/our initial margin funds. Placing contingent orderorders, such as “"stop-loss” " or “"stop-limit” " orders, will not necessarily avoid loss. Market conditions may make it impossible to execute such orders. I/We may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, my/our position may be liquidated. I/We will remain liable for any resulting deficit in my/our account. I/We should therefore study and understand futures contracts and options before I/We we trade and carefully consider whether such trading is suitable in the light of my/our own financial position and investment objectives. If I/We we trade options I/We we should inform myself/ourselves of exercise and expiration procedures and my/our rights and obligations upon exercise or expiry.