SHK Forex

Risk Warning

In all cases you must deliver to us the full amount of the funds you are exchanging. Deliverable foreign exchange (“DFX”) transactions are simply foreign exchange and money transmissions. In performing DFX transactions, we do not facilitate margined speculation on future movements in exchange rates i.e. we do not take margin deposits and allow you to trade a multiple of that.

We can provide general information in relation to how DFX transactions work, but please note that any information contained in this document does not take into account your personal objectives, financial situation and needs. Please note that before entering into any DFX transactions you should exercise your own judgment and obtain independent financial advice to understand the possible outcomes and risks for you. Also, whilst the information in this document is compiled from sources we believe to be reliable, we can’t represent or warrant, whether expressly or impliedly, its accuracy, timeliness or validity.

You should be aware that there are always risks and potential limitations. A person considering DFX transactions might consider for example risks associated with internet/ electronic network usage, execution delay, the fluctuation in exchange rates soon after you lock in a rate (you will be protected from adverse rate movements but likewise you will be precluded from benefitting from favourable movements), and counterparty/ credit risk (or the risk that we become insolvent and are unable to deliver the agreed amount of foreign currency to your designated beneficiary account at the agreed time).

The document is not intended for distribution or use in any jurisdiction where such would be contrary to the applicable legal or regulatory requirements.