谈谈nfa 6月1日施行的风险政策。
不知有谁注意到了没有,从6月1日起,开户时合同项里面会有以下一段话:
THE FOREIGN CURRENCY TRADING YOU ARE ENTERING INTO IS NOT CONDUCTED ON AN EXCHANGE. [MEMBER] IS ACTING AS A COUNTEERACTS AS A COUNTERPARTY IN THESE TRANSACTIONS AND, THEREFORE, ACTS AS THE BUYER WHEN YOU SELL AND THE SELLER WHEN YOU BUY. AS A RESULT, [MEMBER]'S INTERESTS MAY BE IN CONFILIT WITH YOURS. UNLESSS OTHERWISE SPECIFIED IN YOUR WRITTEN AGREEMENT OR OTHER WRITTEN DOCUMENTS [MEMBER] ESTABLISHES THE PRICES AT WHICH IT OFFERS TO TRADE WITH YOU. THE PRICES [MEMBER] OFFERS MIGHT NOT BE THE BEST PRICES AVALABLE AND [MEMBER] MAY OFFER DIFFERENT PRICES TO DIFFERENT CUSTOMERS.
IF [MEMBER] ELECTS NOT TO COVER ITS OWN TRADING EXPOSURE, THEN YOU SHOULD BE AWARE THAT [MEMBER] MAY MAKE MORE MONEY IF THE MARKET GOES AGAINST YOU. ADDITIONALLY. SINCE [MEMBER] ACTS AS THE BUYER OR SELLER INTHE TRANSACTION, YOU SHOULD CAREFULLY EVALUATE ANY TRADE RECOMMENDATIONS YOU RECEIVE FROM [MEMBER] OR ANY OF ITS SOLICIORS.
您参与的外汇交易并不是在交易所进行,会员扮演的是交易中的对手因此当您卖出时它是买家,您买入时它是卖家。因此,它的利益可能会与您的利益相冲突。除非在你们的书面协议或其他书面文本中另有特别说明,你交易时获得的价格是由它决定的。他提供的价格也许并不是当时最好的价格并且它有可能向不同的客户提供不同的价格。
如果它选择不冲销自身的交易寸头,那么您必须意识到如果市场方向与您相反那么它则会盈利。此外,既然在您的交易中它要么扮演的是买家要么是卖家,您应当仔细的衡量它或者它的介绍经纪人所提供的交易策略咨询。
希望哪位达人对此条文作一下解释,谢谢了。
韬客社区www.talkfx.co
发表于:2008-10-19 13:28只看该作者
2楼
明确对赌性质。
韬客社区www.talkfx.co
发表于:2008-10-20 05:16只看该作者
3楼
目前OTC产品还没有监管,资金安全没有保障
韬客社区www.talkfx.co