This document serves to advise the client of the inherentrisksassociated with trading in equities (shares), derivatives contracts or other financial instruments traded in the Nigerian capital market as required under rules & regulations of the NGX – ‘Rules and Regulations governing Trading License Holders’.
Please take note that the risks associated with equities,derivatives contracts or other financial instrumentstrading are not exhaustible and are not limited to the disclosed risks stated hereunder and that this disclosure serves as a guide to assist the Client in acknowledging the possible risks involved.
Generally, securities investments are only suitable for clients who fully understandand appreciate the risks involved. It is highly speculative and an investor could be at risk of losing his/her entire investment. This could be due to fluctuation in the market where prices or rates adversely change due to economic forces or currency exchange risk where there is a need to convert from a currency denomination to another, these variations may affect profit or bring about losses in foreign currency denominated transactions. Transactions in other markets within and outside the country may also expose you to additional risks.
GlobalView Capital Limited (GVCL), acting as a broker-dealer for investment in the Securities, may, on certain occasions, not be able to execute the purchase or sales orders or to undertake any action relating to the Securities transaction in accordance with the clients’ instructions. These occasions include, amongst others, a situation where the market conditions are not favourable, the orders cannot be executed.
Kindly take note that before a client decides to trade equities or be engaged in the capital market activities, he/she need to consider his/her risk appetite i.e. the desire to take risk versus the ability to take the risk. Clients should also consider if the investment they are about to embark upon is appropriate and suitable for their financial condition.
Clients should seek financial and investment information to get them informed such that at any particular point in time, they are making informed investment decisions.
You are further advised to seek proper clarification on all fees, commissions and charges to be incurred before issuing a trading instruction. The total sum of all fees, commissions and charges will affect your net profit (if any) or increase your loss. If you are unsure or do not understand this Risk Disclosure document, please feel free to speak with any of our account officer assigned to you.
I/We confirm that I/We have read and understood the content of this Risk Disclosure Statement and any question(s) I/We have in relation thereto have been responded to by GlobalView Capital Limited, to my/our satisfaction.