The calculation of the price to be paid (or the payout to be received) for financial contracts on this site at the time the financial contract is purchased or sold will be based on the Companys best estimate of market price movements and the expected level of interest rates, implied volatilities and other market conditions during the life of the financial contract, and is based on complex mathematics. The calculation will include a bias in favour of the Company. The financial contract prices (or the payout amounts) offered to Clients speculating on market or index prices may differ substantially from prices available in the primary markets where stock indices or commodities or contracts thereupon are traded, due to the bias favouring the Company in the price calculation system referred to above. The charting data made available to Clients by the Company is indicative only and may at times differ from the real market values. The Companys decision as to the calculation of a financial contract price will be final and binding. The Company allows the option to sell contracts before expiry time of some contracts but will not be obliged to do so and can suspend this option depending on the current market conditions. Contracts may be amended when the underlying asset value is adjusted by corporate actions during the contract period. The Company does not provide a market amongst or between Clients for investments, securities, derivatives or speculations. Each financial contract purchased by a Client via this site is an individual agreement between that Client and the Company and is not a security, nor is it transferable, negotiable or assignable to or with any third party. Acquisition of financial contracts through this site must be effected in accordance with the terms and conditions presented on the pages of this site. Acquisition of a financial contract is completed when the financial contract has been customised, the premium (or the payout, as the case may be) has been calculated and payment has been verified. Each Client agrees to be fully and personally liable for the due settlement of every transaction entered into under his account with the Company. This includes any transactions entered into by members of the Clients family or entourage who have gained access to the account. The Client is responsible for ensuring that he alone controls access to the account, and that no minors are granted access to trading on the website. In any case, the Client remains fully liable for any and all positions traded on his account, and for any credit card transactions entered into the site for his account. Each Client also indemnifies the Company in respect to all costs and losses of any kind, whatsoever as may be incurred by the Company as a result, direct or indirect, of the Clients failure to perform or settle such a transaction. Online Gambling debts are enforceable in law in the Isle of Man. Monies collected from Clients are not invested in any securities, futures, currencies, derivatives or other investments, on behalf of Clients. No person shall abuse this site for the purpose of money laundering. The Company employs best-practice anti-money laundering procedures, which may have several effects on Clients. The Company reserves the right to refuse to do business with, to discontinue to do business with, and to reverse the transactions of, Clients who do not accept or adhere to these anti-money laundering processes. The anti-money laundering processes have the following effects on Clients: Clients must fill into the account opening form all requested details that establish his/her identity. Winnings may only be paid to the initiator of an account. When a Client maintains an account by means of telegraphic deposits, winnings are only paid to the holder of the originating bank account, and it is the onus of the Client to ensure that account number and name accompany all transfers to the Company. When a Client maintains an account by means of credit/debit card deposits, winnings are only paid back to the same card. Clients shall not hold or pool third party funds into their own account held with the Company. Only one account is allowed per person. No winnings may be collected on accounts opened in false names or on multiple accounts opened by the same person. The Company may, from time to time, at its sole discretion, require a Client to provide proof of identity (such as notarized copy of passport or other means of identity verification as the Company deems required under the circumstances) and may at its sole discretion suspend an account until such proof has been provided to its satisfaction. You agree that we may use Personal information provided by you in order to conduct appropriate anti fraud checks. Personal Information that you provide may be disclosed to a credit reference or fraud prevention agency, which may keep a record of that information. The Company reserves the right to suspend the operation of this site or sections thereof when, as a result of political, economic, military or monetary events (including unusual market volatility or illiquidity) or any circumstances outside the control, responsibility and power of the Company, the continued operation of this site is not reasonably practicable without materially and adversely affecting and prejudicing the interests of Clients or the Company, or if, in the opinion of the Company, a price cannot be calculated for financial contracts; or when there is a breakdown in the means of communication normally employed in determining the price or value of any of the financial contracts or where the price or value of any of the financial contracts cannot be promptly or accurately ascertained. In such an event, the Company may at its sole discretion (with or without notice) close out Clients open financial contracts at prices it considers fair and reasonable at such a time and no claims may be entertained against the Company in connection thereto. The Company may impose volume trading limits on Client accounts in its sole discretion. Current trading volume limits upon account opening are USD/GBP/EUR/AUD 30,000/day maximum trading volume. The maximum account size (i.e. cash balance) is USD/GBP/EUR/AUD 25,000 and the maximum outstanding contract payout at a given time per account is USD/GBP/EUR/AUD 25,000. These limits are increased once a Client fully authenticates himself; where the new maximum trading volume will be USD/GBP/EUR/AUD 500,000, having a maximum account size of USD/GBP/EUR/AUD 500,000 and a maximum outstanding contract payout at a given time per account of USD/GBP/EUR/AUD 500,000. If the account balance exceeds the maximum account size, then withdrawals must be made to bring the balance down to under this limit. Any information given on these pages and/or emails or newsletters sent by the company related thereto, is not intended as financial or investment advice and the Company will not accept any liability in this respect, nor will the Company accept any responsibility for the accuracy or comprehensiveness of the information provided on this site. The right is reserved to amend or change the rules and scope of this service from time to time. Any change to the rules made whilst the site is in operation will not apply retrospectively and will only apply to acquisitions of financial contracts made after such change. It is the Clients responsibility to check the terms & conditions for any periodic changes. Contract payouts shall be determined by the Company by reference to the daily high/low/close values reported on this website relevant to the underlying index(ices) of the contract(s) or from the interbank trading data received by the Company for forex quotes or commodities prices as displayed on the website, subject that the Company shall have the right to make corrections to such data in the event of mis-priced or typographically incorrect data. Clients should note that the different markets may close at different times during the day due to local trading hours and time zones. In the case of single stock and stock index prices, the final closing price as reported by the relevant Exchange shall apply for all settlements (this final settlement price may, at times, be reported by the Exchange 30-90 minutes after the official closing time of the market). For forex quotes the closing times are defined by the Company as shown in the Market Opening Times section of the website. In the event of any dispute regarding market or settlement values, the decision of the Company shall be final and binding. Clients should note that certain markets (such as stocks and stock indices) are not open throughout the day and that trading may not be available when the markets are closed. The Company will not be liable in any way to any persons in the event of force majeure, or for the act of any Government or legal authority or for the failure of or damage or destruction to, its computer systems, data or records or any part thereof, or for delays, losses, errors or omissions resulting from the failure or mismanagement of any telecommunications or computer equipment or software. The Company shall not be responsible for any damages or losses deemed or alleged to have resulted from or been caused by this site or its content. This includes any clients use or misuse of its content, the inability of any client to connect with or use the site, delay in operations or transmission, failure of communication lines, or any errors or omissions in content. In the case that any financial contracts are acquired or sold at prices that do not reflect fair market prices or that are acquired or sold at an abnormally low level of risk due to an undetected programming error, bug or glitch in our website software, the Company reserves the right to cancel or reverse such transactions upon notification to the Client of the nature of the computer error that led to the mis-pricing. Clients have a duty to report to the Company any problems or suspected system inadequacies that they may experience and may not abuse of system problems for profit. The Company will endeavour to resolve any such difficulties in the shortest time possible. Persons with insider knowledge of any financial market or instrument are prohibited from trading at this website. The transactions performed on this site and the relationship between Clients and the Company are to be governed by and construed in accordance with the laws of the country of incorporation of the Company (the Jurisdiction), which shall be either of the Isle of Man, Malta, or Costa Rica. You agree that the Jurisdictions courts will have sole jurisdiction to settle any disputes that may arise in relation thereto. For such purposes, you irrevocably submit to the jurisdiction of the courts of the Jurisdiction in relation to any such dispute and you agree that any claim you might have against the Company shall only be brought before the courts of the Jurisdiction. Disputes must be lodged within seven (7) days from the date the contract in question has been decided. No claims will be honored after this period. The client is solely responsible for their account transactions. You can raise any unresolved disputes you might have with Regent Markets (Malta) Ltd with the Lotteries and Gaming Authority at [email protected] and any disputes with Regent Markets (IOM) Ltd with the Isle of Man Gambling Supervision Commission at [email protected]. In the event of any differences between the English version of this website and any other language, the English version shall prevail. The company reserves the right to charge a dormant fee of up to USD/EUR/AUD/GBP25 every 6 months for every Client account that has had no transaction recorded for over 24 months. You may only open an account at this site on condition that: you have read this Legal Terms and Conditions page in full and understood that you will be buying and selling financial contracts subject to these terms and conditions; you have read our privacy statement and hereby give us consent to process your personal information as outlined there; you are over 18 years of age, unless you are an Estonian resident whereby you would have to be over 21; you are not resident in a restricted country such as the USA, Japan or Hong Kong; you have sufficient experience and knowledge in matters of financial trading to be capable of evaluating the merits and risks of acquiring financial contracts via this site and have done so without relying on any information contained in this site. https://binary/c/c_template.cgi?filecode=legal&l=EN
Posted on: Sat, 01 Feb 2014 16:57:16 +0000
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