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A number of brokers use Risk Disclosure with

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elbiatcho1 Member Profile elbiatcho1  
Saturday, May 26, 2012 4:55:58 PM
Re: menelOPP post# 26167 Post # of 45538 
A number of brokers use Risk Disclosure with similar wording:
Quote:
(6) In addition to normal market risks, a customer may experience losses due to NASDAQ and other Exchanges' system failures. NASDAQ and other Exchanges' systems often malfunction. Customers may experience losses due to: system crashes during both peak and low volume periods; the loss of live customer orders on both SOES, Select Net and other Exchanges' systems; and, delayed, conflicting and inaccurate quotes and confirmations on orders or cancellations initiated by the customer.




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