Online Equity Trading

You should be aware that the value of any investment in equity securities and any profit that you make from such investment may fluctuate and may fall. An individual equity security may experience downward price movements and may even become valueless under some circumstances. You should be prepared that losses may occur, rather than gains, as a result of buying and selling equity securities.

Market conditions and/or the operation of the laws and regulations of certain markets may make it difficult or impossible to effect certain transactions or liquidate positions. In such cases, you may face a higher risk of loss.

Not permitted. In addition, securities in your settlement account(s) may not be pledged as collateral for any loan.

You should be clear with all the applicable commissions, fees, interest and charges (including charges for the custody of the relevant equity securities that you invest in) that may be applicable to your investment in an equity security. You should note that such commission, fees, interest and charges may have the effect of reducing your net profit or (where applicable) increasing your net loss under your investment(s) in equity securities.