Risk of Securities Margin Service
The risk of loss in financing a transaction by deposit of collateral is significant. Due to the prices of securities fluctuate,
sometimes dramatically, 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 so as to limit your losses. You may be called upon at short notice to make additional margin or interest payments. If the required
margin 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. It is likely that losses will be incurred rather than profits made as a result of buying and selling securities.
Risk of Securities Trading
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.