DISCLAIMER/RISK WARNING
Institutional Customers
This material was produced by Catley Lakeman Securities, which is Authorised and Regulated by the Financial Services Authority (the "FSA") [Firm Reference No. 484826] and entered in the FSA's register. Catley Lakeman Securities is the trading style of Catley Lakeman LLP. Registered Office: One Eleven Edmund Street, Birmingham. B3 2HJ. Registration Number: OC336585
Selling Restrictions
The Structured Products described on this website are not eligible for sale in the United States and each individual prospectus should be consulted for further information regarding any additional restrictions. The Structured Products described on this website will not be available to and prospectuses (or other marketing documentation) will not be distributed to persons or entities in any territory where such distribution or availability would be contrary to any local law or regulation.
BY ACCESSING THE UNITED KINGDOM SPECIFIC INFORMATION ON THIS WEBSITE, YOU ARE CERTIFYING THAT YOU ARE A RESIDENT OF THE UNITED KINGDOM.
Risk Factors
- Structured Products are predominantly high risk investments subject to general market risks such as interest rate risk, foreign exchange risk, market value risk, political risk, corporate credit risk and time value.
- Fluctuations in the price of the relevant underlyings will affect the value of the Structured Products.
- Fluctuations in exchange rates of any relevant currencies will affect the value of the Structured Products.
- Prices of Structured Products are volatile. If the underlying moves in the opposite direction to that anticipated, losses incurred by the product could potentially be greater in equivalent terms than losses incurred by the underlying.
Dealing and hedging
- The market for Structured Products may be limited due to a lack of liquidity or low trading volume. This means that there may be difficulty in selling them at a reasonable price and, in some circumstances; it may be difficult to sell them at any price.
- Investors should not rely on selling the Structured Products at a particular time or for a particular amount.
- Investors may not be able to hedge the risks involved with these investments. Investors could make equal losses on any hedging transactions as well as losses on the Structured Product.
Neither the issuer nor any affiliate provides any assurances or guarantee as to the performance of the Structured Products and is under no legal obligation to make a market in or to repurchase the Structured Products.
Suitability/No advice
- Structured Products typically involve a high degree of risk and are not necessarily suitable for everyone. The information contained on this website is descriptive and general and the products may not be available to or suitable for you.
- Structured Products on this website are only intended for sale to sophisticated and institutional investors who are capable of understanding and assuming the risks involved.
- Nothing on this website will be deemed to constitute investment, legal or tax advice or any form of recommendation to buy or sell Structured Products and Warrants on this website and potential investors should seek their own independent legal, financial and tax advice and assessments as to the suitability, lawfulness and risks involved in purchasing the Structured Products on this website.
No Offer/ Information Only
- The information on this website is for information purposes only. No offer is being made.
- Nothing in this website constitutes, forms part of or should be considered as an offer, solicitation or invitation to buy or sell any Structured Products on this website or to engage in any investment activity mentioned.
- Information given on this website on past performance of Structured Products is no guide to or guarantee of future performance.
- Opinions and valuations on this website are subject to change at any time without notice.
Borrowing to purchase
Prospective investors should be aware of the risks in borrowing to purchase products, particularly the potential losses they could sustain due to having to pay interest and capital. Investors should consider their financial circumstances as to whether they can afford to sustain losses on the products purchased as well as repaying the finance obtained.
Material Interests/Disclosure of Interest
Our primary trading banks or their affiliates may from time to time take proprietary positions and/or make a market in instruments identical or economically related to transactions entered into with investors, or may have an investment banking or other commercial relationship with and access to information from the issuer(s) of securities, financial instruments, or other interests identical or related to transactions entered into with investors. They may also undertake proprietary activities, including hedging transactions related to the initiation or termination of a transaction with investors, that may adversely affect the market price, rate, index or other market factors(s) underlying a transaction entered into with investors and consequently the value of the transaction.
