CURRENCY RISKS. 13.1 If client instruct The Broker to effect any Transaction which involves conversion of a foreign currency (i.e. currency other than Hong Kong Dollars), there may be profit or loss arising from the conversion of foreign currency as a result of fluctuations in currency rates. The currency rates may fluctuate dramatically sometimes. It is as likely that the loss incurred from the conversion of foreign currency is greater than the profit made as a result of the Transaction.