1. INTRODUCTION
2. RISK ASSOCIATED WITH TRANSACTIONS IN DERIVATIVE SECURITIES
1.1. Wisdom Markets operating under the trading name WISDOM is a Securities Service Provider
Licensee regulated and authorised by the International Financial Services Commission (“FCA”) in
FDRC the Licence Number: No. 20108 (hereinafter called the “Company”).
1.2. This notice is provided to you because you are considering dealing with the Company in certain
securities provided by the Company (“Securities”). This notice cannot and does not disclose or
explain all of the risks and other significant aspects involved in dealing in Securities and was
designed to explain in general terms the nature of the risks particular to dealing in the Securities
provided by the Company and to help the Client to take investment decisions on an informed basis.
This notice should be read together with the General Risk Disclosure.
1.3. Prior to applying for an account the Client should consider carefully whether trading in
derivative Securities is suitable for him in the light of his circumstances and financial resources.
Trading in derivative Securities entails the use of “gearing” or “leverage”. In considering whether to
engage in this form of trading, the Client should be aware of the following:
2.1. The Client should unreservedly acknowledge and accept that, regardless of any information
which may be offered by the Company, the value of the Securities provided by the Company may
fluctuate downwards or upwards and it is even probable that the investment may become of no
value.
2.2. Trading in Securities and other leveraged products may involve a significant level of risk and is
not suitable for all investors. Before undertaking any such transactions you should ensure that you
fully understand the risks involved and you should seek independent advice if necessary. The Client
should not engage in any dealings in Securities, directly or indirectly, unless you know and
understand all of the risks involved.
2.3. The Client should unreservedly acknowledge and accept that he runs a great risk of incurring
losses and damages as a result of the dealing in Securities and accepts and declares that he is
willing to undertake this risk.
2.4. The high degree of “gearing” or “leverage” is a particular feature of derivative Securities. This
stems from the margining system applicable to such trades, which generally involves a
comparatively modest deposit or margin in terms of the overall contract value, so that a relatively
small movement in the underlying market can have a disproportionately dramatic effect on the
Client’s trade.
2.5. The Securities available for trading with the Company are ‘non-deliverable spot transactions’
giving an opportunity to make profit on changes in currency rates, commodity, stock market indices
or share prices called the underlying instrument. If the underlying instrument movement is in the
Client’s favor, the client may achieve a good profit, but an equally small adverse market movement
can not only quickly result in the loss of the Clients’ entire deposit but also any additional
commissions and other expenses incurred.
3. VOLATILITY OF PRICE AND LIMITATION ON THE AVAILABLE MARKET
4. OTHER ADDITIONAL OBLIGATION
3.1. The Securities provided by the Company are derivative Securities, where their price is derived
from the price of the underlying reference Securities in which the Securities refer to. Derivative
markets can be highly volatile. The prices of derivative Securities and the underlying reference
Securities and Indices may fluctuate rapidly and over wide ranges and may reflect unforeseeable
events or changes in conditions, none of which can be controlled by the Client or the Company.
Under certain market conditions it can be impossible to execute any type of Clients order at
declared price. Therefore, Stop Loss order cannot guarantee the limit of loss.
3.2. The prices of derivative Securities will be influenced by, amongst other things, changing supply
and demand relationships, governmental, agricultural, commercial and trade programs and policies,
national and international political and economic events and the prevailing psychological
characteristics of the relevant marketplace.
3.3. Transactions in derivative Securities provided by the Company are not undertaken on a
recognized exchange, rather they are undertaken through the Company’s Trading Platform and,
accordingly, they may expose the Client to greater risks than regulated exchange transactions. The
terms and conditions and trading rules are established solely by the counterparty which in this case
is the Company. The Client is obliged to close an open position of any given Security during the
opening hours of the Company’s Trading Platform.
4.1. Before the Client begins to trade, he should obtain details of all commissions and other charges
for which the Client will be liable and which may be found on the Company’s website. If any charges
are not expressed in money terms (but for example as a dealing spread), the Client should obtain a
clear written explanation, including appropriate examples, to establish what such charges are likely
to mean in specific money terms.
4.2. The value of open positions in the Securities provided by the Company is subject to financing
fees. The price of long positions in Securities is reduced by a daily financing fee throughout the life
of the contract. Conversely, the price of short positions in Securities is increased by a daily financing
fee throughout its life. Financing fees are based on prevailing market interest rates, which may vary
over time. Details of daily financing fees applied are available on the Company’s website.
4.3. The Client should take the risk that his trades in Securities may be or become subject to tax
and/or any other duty for example because of changes in legislation or his personal circumstances.
The Company does not warrant that no tax and/or any other stamp duty will be payable. The Client
should be responsible for any taxes and/or any other duty which may accrue in respect of his trades.
5. MARGING REQUIREMENTS
5.1. Clients are required to deposit a Margin with the Company in order to open a position. The
Margin requirement will depend on the underlying instrument of the derivative Securities, level of
leverage chosen and the value of position to be established. The Company will not notify the Client
for any Margin Call to sustain a loss making position. The Company has the discretionary right to
start closing positions when Margin Level decreases to about 100%, and automatically close all
positions at market prices if Margin Level drops below 70%. The Company guarantees that there
will be no negative balance in the account when trading Securities provided by the Company.
The Company reserves the right to review and/or amend its Risk Disclosure notices, at its sole
discretion, whenever it deems fit or appropriate.
Our Risk Disclosure notices are not part of our Terms and Conditions of Business and are not
intended to be contractually binding or impose or seek to impose any obligations on us which we
would not otherwise have, but for the Act and Applicable Regulations.
1. 引言
2. 与衍生证券交易有关的风险
3. 价格波动和可用场的局限性
1.1.以WISDOM为商业名称运营的Wisdom Markets是一家证券服务供货商被许可人由国际金融服务
委员会(“IFSC”)管理和授权英国金融纠纷调停委员会的许可证编号: No. 20108(以下简称
“公司”)。
1.2.这个通知是提供给你的,因为你正在考虑与某个公司打交道本公司提供的证券(「证券」)。
此通知不能也不透露或解释证券交易涉及的所有风险和其他重要方面旨在从总体上解释证券交易特有
的风险性质由本公司提供,并协助客户在知情的基础上作出投资决定。
此通知应与“一般风险披露”一起阅读。
1.3.在申请账户之前,客户应仔细考虑是否进行交易衍生证券根据其情况和财务资源适合他。
衍生证券交易需要使用“杠杆”或“杠杆”。在考虑是否从事这种交易形式,客户应该注意以下几点:
2.1.客户应毫无保留地承认并接受,无论有何信息可由本公司提供,本公司提供的证券的价值可以
向下或向上波动,投资甚至有可能成为否值。
2.2.证券交易和其他杠杆产品可能涉及重大的风险水平,不适合所有的投资者。在进行任何此类交易
之前,您应该确保您充分理解所涉及的风险,如有需要,您应寻求独立的意见。客户端不得直接或间
接从事任何证券交易,除非您知道并且了解所涉及的所有风险。
2.3.客户应毫无保留地承认并接受他承受巨大的风险因证券交易而遭受的损失和损害,并接受并声明
他愿意承担这一风险。
2.4. “杠杆”或“杠杆”程度高是衍生证券的一个特点。这个源于适用于这种行业的保证金制度,这
通常涉及到一个总体合同价值相对较低的存款或保证金,这样一个相对的底层场的小幅波动可能对
这个场产生不成比例的剧烈影响客户的交易。
2.5.可供本公司买卖之证券为「无法交割的现货交易」给货币,商品,股票场指数变化带来利润
的机会或股价被称为基础工具。如果潜在的乐器运动在中客户的青睐,客户可能会获得很好的利润,
但同样是一个小的不利的场动向不仅可以快速导致客户全部存款的损失,而且还可能造成客户的额
外损失佣金和其他费用。
3.1.本公司提供的证券是其衍生证券的衍生证券从证券参考的相关参考证券的价格。衍生物场可能
高度波动。衍生证券的价格和基础参考证券和指数可能在很大范围内波动很快,可能反映出不可预见
的情况事件或条件变化,客户或公司均不能控制。在某些场条件下,可能无法执行任何类型的客户
订单申报价格。因此,止损订单不能保证损失的限制。
3.2.衍生证券的价格将受(其中包括)供应变化的影响和需求关系,政府,农业,商业和贸易方案和
政策,国内外的政治经济事件和流行的心理相关场的特点。
3.3.本公司提供的衍生证券交易不是在a认可的交易,而是通过公司的交易平台进行的,因此,它们
可能会使客户面临比规范的交易所交易更大的风险。该条款和条件以及交易规则仅由在此情况下的交
易对手确定是公司。客户有义务在任何期间平仓任何给定的证券公司交易平台的开放时间。
4.其他附加义务
5.保证金要求
4.1.在客户开始交易之前,他应该获得所有佣金和其他费用的详细信息客户须承担责任,并可在本公
司网站上找到。如果有任何收费不以货币形式表示(但是例如作为交易差价),客户应该获得一个
明确的书面解释,包括适当的例子,以确定可能的收费以特定的货币形式来表示。
4.2.公司提供证券的未平仓头寸价值有待融资费用。证券中多头头寸的价格在整个生命周期内每天减
少了融资费用的合同。相反,证券空头头寸的价格每日增加终生收费。融资费用基于现行场利率,
可能会有所不同随着时间的推移。每日融资费用详情请参阅本公司网站。
4.3.户应承担其在证券交易中可能或将要缴税的风险和/或任何其他责任,例如由于立法或个人情况的
变化。本公司并不保证不会支付任何税款及/或任何其他印花税。客户端应对其行业可能产生的任何税
收和/或任何其他义务负责。
5.1.户需要向公司存入保证金以开仓。该保证金要求将取决于衍生证券的基础工具,等级杠杆选择和
要建立头寸的价值。公司不会通知客户任何追加保证金以维持亏损的头寸。本公司有酌情决定权保证
金水平下降到100%左右时开始平仓,并自动平仓如果保证金水平低于70%,则按场价格定位。
公司保证那里在交易本公司提供的证券时,账户中不会出现负值。
本公司保留仅对其风险披露声明进行审查和/或修改的权利酌情决定,只要它认为合适或适当。
迪士尼彩乐园的风险披露声明不属于迪士尼彩乐园的业务条款和条件,也不是意图在合约上具有约束力,也不會施加对
迪士尼彩乐园任何义务,但该法和适用法规。