Disclaimer
This brief statement does not disclose all of
the risks and other significant aspects of trading in futures and options. Derivative
transactions are complex and carry a high degree of risk. They are intended for
sophisticated investors and are not for everyone. In light of the risks, you
should undertake such transactions only if you understand the nature of the
contracts (and contractual relationships) into which you are entering and the
extent of your exposure to risk. Trading in futures and options are not suitable
for many members of the public. You should carefully consider whether trading
is appropriate for you in light of your experience, objectives, financial resources
and other relevant circumstances. Past performance is not necessarily indicative of future results.