ISTILAH

Account balance/account value
The net amount held at any given time in an account, after factoring in all debits and credits.
AIM (Alternative Investment Market)
A sub-market of the London Stock Exchange (LSE), allowing smaller companies to raise capital with a more flexible regulatory system than is required for the main market of the LSE. CFDs in AIM-listed shares are not available.
Arbitrage
The process of buying an asset (such as shares) and then immediately selling it so as to profit from the difference. Arbitrageurs can exploit tiny differences in the quoted price of an identical instrument across different markets using very large-sized trades.
Ask
The lowest price at which a seller is willing to sell an investment or asset at a given moment. Also known as the offer price.
Backwardation
A theory which says that as a futures contract nears expiry, it will trade at a higher price compared to when it was further from the expiry date. Also see ‘Contango’.
Bar chart
A style of chart used in technical analysis, where the top of the vertical line represents the highest price traded in a particular instrument, and the bottom part displays the lowest price. The closing price is shown on the right side of the bar, and the opening price is shown on the left side of the bar. A single bar normally represents one day of trading.
Base currency
The first currency quoted in a currency pair (for example in the GBP/USD currency pair, GBP is the base currency while USD is the quote currency).
Base rate
The lending rate determined by the central bank of a given country.
Basis point
Typically one hundredth of 1%, for example an interest rate cut of 50 basis pips is equal to 0.5%.
Bear market
A market distinguished by falling prices and negative sentiment.
Bid
The highest price a buyer is willing to pay for a product is referred to as the ‘bid’. Also see Ask and Offer.
Bid price
The price at which the buyer is willing to purchase at.
Bid-offer spread
The difference between the buying price (offer/ask) and selling price (bid) of a product.
Blue chip
Blue-chip companies are usually well-established, financially sound and better able to weather downturns. As a result, blue-chip stocks are regarded as less volatile. Companies listed in a country’s top tier stock index, such as the UK’s FTSE 100, are considered blue-chips.
Bollinger Bands®
A chart indicator used in technical analysis to measure market volatility, consisting of a single moving average and two standard deviation bands.
Breakout trading
Trading strategies that recommend entering CFD trades once the price breaks through a defined resistance or support level. New ‘buy’ positions are entered into when the price breaks through a resistance level, while new ‘sell’ positions are entered into when the price breaks through a support level. These strategies are based on the view that once the price breaks through a support or resistance level, a new trend is likely to begin.
Cable

A term referring to the sterling/US dollar exchange rate: the rate was originally transmitted between the London and New York exchanges via the transatlantic telegraph cable beginning in the mid-1800s, hence the name.

CAC 40
A market capitalisation weighted index of the largest 40 companies listed on the Paris stock exchange. The CAC index is published by the Societe des Bourse Francaises.
Candlestick chart
As with a bar chart, this graph shows the high, low, opening and closing prices, and the shape of the candle reflects the relationship between these prices. The candles are either green or red, depending on whether the closing price is higher than the opening price (green) or below it (red). The main body, or ‘wax’, represents the range between the opening and closing price and the ‘wicks’ show the highs and lows. It shows a visual representation of the prevailing trend and current market sentiment.
Capital
The wealth, either monetary or in assets, owned by an individual or company.
Carry cost
The cost incurred as a result of holding a position (e.g. The carry cost incorporated into the price of a commodity future consists of insurance costs, storage costs, interest charges and other related costs).
Carry trade
A strategy in which a trader sells a certain currency with a low interest rate and uses the funds to purchase a different currency yielding a higher interest rate, attempting to capture the difference between the rates. Common low yielding currencies include the USD and JYP and common high yielding currencies include the AUD and NZD.
Cash market
The actual, underlying market on which derivatives contracts are based.
Cash price
The price of an asset for immediate delivery. In other words, the actual price of an instrument right now. This term is often used for stock indices, whereas the synonymous term of spot is more often applied to forex and commodity prices. Also see Spot rate.
Central bank
A government or quasi-governmental organisation that manages a country’s monetary policy. For example, the UK’s central bank is the Bank of England, and the US central bank is the Federal Reserve.
Channel
An upward or downward trend on a chart where the boundaries are marked by two straight lines. A break above or below the channel lines signals a potential change in trend.
Charting
A range of techniques that use past price charts, along with other indicators, to anticipate future price movements.
Close out
Selling a buy position or buying back a sell position, which closes the position, so that you no longer have any exposure to changes in the market price.
Closed position
An equal and opposite transaction (for instance buying 1000 BT shares then selling 1000 BT shares) which results in the position automatically being closed.
Closing price
The closing price is the last price for a tradable instrument at the time the market closes.
Commission
A fee charged by a broker or agent for carrying out transactions/orders.
Commodity
A physical good, such as food, metal or fuel, that is interchangeable with other commodities of the same type. The quality of a commodity may differ slightly, but it is basically uniform across all producers, as any commodities that are traded on an exchange must meet specific minimum standards. A commodity is any basic good that investors can ‘buy’ or ‘sell’. Some popular commodities include: crude oil, coffee, gold, natural gas, silver, corn, sugar, cotton and wheat.
Consumer Price Index (CPI)
An index that measures changes in the price of goods and services purchased by consumers. The figure measures the average change over time in the price of a sample of various common goods and services purchased by typical urban households.
Contract (unit or lot)
The standard trading unit on certain exchanges. For stock index, forex and commodity positions, it is the amount of base currency profit or loss per pip movement in the market.
Contract for difference (CFD)
Contracts for difference (CFDs) are derivative products which enable you to trade on the price movement of underlying financial assets (such as indices, shares and commodities). A CFD is an agreement to exchange the difference in the value of an asset from the time the contract is opened until the time at which it is closed. With a CFD, you never actually own the asset or instrument you have chosen to trade, but you can still benefit if the market moves in your favour.
Controlled risk
A position which has a strictly limited maximum loss by virtue of a guaranteed stop. Also see Limited risk.
Core inflation
A measure of inflation that excludes items that are subject to volatile price movements. Vegetable prices are an example of items where prices fluctuate widely based on seasonal conditions. These products are excluded from the calculation as they can give a false measure of inflation because prices can diverge from the overall trend.
Corporate Action
Any event initiated by a corporation which impacts its shareholders. For some events, shareholders may or must respond to the corporate action or select from a list of possible actions. Examples of corporate actions include dividend payments, mergers, rights issues and stock splits. Also see Dividend and Rights issue.
Cross currency
A pair of currencies traded in forex that do not include the US dollar, for example EUR/JPY.
Cross rate
An exchange rate between two currencies, both of which are not the official currency of the country in which it is quoted. Also refers to currency quotes that don’t involve the US dollar.
Crossed price
A situation where the bid price exceeds the offer price. This is usually indicative of an issue on the venue or of the market being in an auction period.
Currency pair
Refers to the price quotation of currencies traded in the foreign exchange market. To determine the value of a currency, it must be compared to the currency of another country (example GBP/USD). In currency pairs, the price amount shows how much of the second currency is required to buy one unit of the first currency.
Daily charts
Charts that encapsulate the daily price movement of an instrument, for example a currency pair, index or share.
Data releases
Global economic statistics that are normally released at regular intervals, often monthly. The data can have a varying impact on the financial market, depending on factors such as when it‘s released and the level of economic insight it provides.
DAX 30
A market capitalisation weighted index of the top 30 companies listed on the Frankfurt Stock Exchange in Germany.This is referred to as the ’Germany 30’ on our website and trading platform.
Day order
An order to buy or sell an instrument that will expire automatically at the end of the day if it’s not executed on the day the order has been placed
Day trading
The process of entering and closing out trades within the same day or trading session.
Dealing spread
The difference between the buying and selling price of a contract.
Deposit
The funds required to initiate and maintain an open spread betting or CFD trading position. Since spread bets and CFDs are traded on margin, the deposit is only a fraction of the full value of the trade and is not the total amount that can be lost on a trade.
Depreciation
A fall in the value of an asset.
The last trading day
It is the last day you can invest in a particular market. This may or may not coincide with the settlement date for this market.
Diversification
An investment strategy that aims to manage risk through variety within an investor’s trading portfolio. Different components are chosen from a range of different industry sectors, so it’s unlikely that all of the investments will fluctuate in the same direction. The idea is that the portfolio as a whole will display more consistent, stable results than any of the individual components in the portfolio.
Dividend
That part of a company’s profit after tax that is distributed to its shareholders. Dividends are usually distributed in cash, but can also take the form of stocks. Also known as payouts.
Dividends
A dividend is a distribution of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.
Dove
The opposite of hawk, a dove refers to an economic policy advisor supporting monetary policies with lower interest rates as a means of encouraging economic growth.
Dow Jones Industrial Average (DOW)
The Dow is the second oldest stock market index in the US and the most widely used indicator of the overall condition of the US stock market. It measures the performance of a selection of 30 blue-chip, publicly owned companies in the US.
Downtrend
A price trend characterised by a series of lower highs and lower lows.
Economic driver
Change in the economy that leads to changes in the market price of investments, such as shares, commodities or property.
Economic indicator
A government-issued statistic that indicates current economic growth and stability. Common indicators include employment rates, gross domestic product (GDP), inflation and retail sales.
Electronic Currency Network (ECN)
A virtual exchange for FX transactions.
Elliot wave theory
Developed by RN Elliott, the Elliott Wave theory is a method of technical analysis based on the assumption of predictability, by identifying a certain flow and structure to the price movement of financial instruments.
Equity
A stock or share representing an ownership interest.
Euro
The monetary unit of the eurozone, currently used by 19 European Union countries (Germany, France, Italy, Spain, Portugal, Belgium, The Netherlands, Luxembourg, Austria, Ireland, Finland, Greece, Cyprus, Malta, Slovakia, Slovenia, Estonia, Latvia and Lithuania).
Ex-dividend date
The first trading day on which the buyer of a share is no longer entitled to payment of the current dividend.
Exchange
A marketplace in which securities, commodities, derivatives and other financial instruments are traded. The core function of an exchange – such as a stock exchange – is to ensure fair and orderly trading, as well as efficient dissemination of price information for any securities trading on that exchange. Exchanges give companies, governments and other groups a platform to sell securities to the investing public. An exchange may be a physical location where traders meet to conduct business or an electronic platform.
Execute and eliminate order
A limit order to execute at the current market price or worse. If the order is not filled in its entirety down to the specified order level then any remaining balance will be cancelled.
Execution-only stockbroker
Stockbroker who offers clients an inexpensive trading facility without advice, research or recommendations pertaining to investment style or policy.
Expiration date
The last date that a particular contract can be traded.
Expiration/ Expiry
Some spread betting or CFD markets have a fixed duration. For example futures contracts will expire at a pre-specified date and time in the future. At this point a futures contract is said to have expired and is awaiting settlement. Settlement is when the expired contract is closed at a level normally relating to the market at the time of expiry.
Exposure
The level of an investment which is at risk. The higher the exposure, the bigger the potential loss or gain.
Fair value
The premium (or discount) of a futures contract against its underlying spot/cash instrument that normally consists of an interest and dividend component. The fair value represents the rational pricing of a futures contract such that no arbitrage opportunity exists between the futures and cash.
Fibonacci
Technical analysis ratios used in trading to identify future price movements – named after mathematician Leonardo Fibonacci. The most popular Fibonacci tools are retracements and extensions.
Fill
The execution of an order.
Fill or kill order
A limit order that will only be executed if it can be filled entirely to your specified order level. Otherwise it will be cancelled.
Financial Conduct Authority (FCA)
The authority responsible for supervising financial services firms in the UK. One of the FCA’s roles is to regulate the conduct of brokers and dealers in securities, options, shares, spread bets and CFDs so clients get a fair deal.
Financing costs
CFD and spread betting share positions carried overnight will incur financing costs for the full consideration of the position. If you open a position with a 5% margin, overnight finance will be based on 100% of the balance. Clients who hold a long position will pay interest; clients who are short may receive interest.
Fiscal policy
Fiscal policy refers to governments’ spending policies, which have a significant impact on the overall economy. The policy affects government revenue and spending. When a government runs a deficit (spends more than it earns), it is putting more into the economy than it is taking out, adding to gross domestic product (GDP).
Flexible spread
The difference between the bid and offer price that a broker can adjust according to market conditions. Also known as dynamic spread, floating spread or variable spread.
Floating profit/ loss
Current profit/loss on open positions calculated at current prices.
Foreign exchange
The forex market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, retail forex brokers and investors. It’s a financial market for trading international currencies. Investors speculate on the relative strength of one currency against another by buying the currency of one country and selling it against another.
Forward
A forward trade (or contract) is the price of an asset for delivery at a defined future date, which is also the date of expiry. Most forward trades can be closed prior to the expiry date, to limit any loss or take a profit, for example.
Free margin
Funds on the trading account which may be used to open a position. It’s calculated as account value less necessary margin.
FTSE 100
A market capitalisation weighted index of the top 100 companies listed on the London Stock Exchange. This is often used as an indicator to assess the broader UK market.
Fundamental analysis
This involves analysing and valuing financial assets based on factors such as news, financial statements and earnings forecasts, company strategy and risk assessments, demand and supply forecasts, projections of future economic growth, industry developments and government policy. In fundamental analysis, an investor uses real data to evaluate a stock’s value rather than using charts and technical analysis to make trading decisions.
Futures
A future rate is notionally an agreement to conduct a transaction at some specified time in the future, with the price agreed now. A futures CFD will automatically expire at a specified time in the future, whereas a spot or cash CFD has no such expiry time. Often the price of a future contract will differ from the cash price. Also see Fair value, Expiration/expiry.
Gapping
The phenomenon of a market trading at a price away from the previous traded price without trades occurring at intervening prices; it more usually, but not necessarily, relates to when a market resumes trading after a period of closure. Also see Slippage.
Gearing
Gearing is a measure of leverage used, usually expressed as a percentage. A highly leveraged trade would require a small initial outlay in comparison to the notional value of the trade, and can be seen as high risk. Small price movements create amplified gains or losses, and therefore losses can exceed deposits made. Also see Leverage.
Good-for-day (day order)
An order type that will expire if not filled by the end of the day. See also Order to open, Good-till-cancelled, Fill.
Good-till-cancelled (GTC)
Unlike good-for-day orders, GTC orders remain active on the account waiting for a fill unless cancelled before being filled. See also Order to open, Good-for-day, Fill.
Greenback
A slang term for the US dollar.
Gross domestic product (GDP)
GDP is the value of goods and services produced in a country including exports, minus imports made. It’s a measurement of a country’s overall economic activity, and can also be a gauge for its standard of living.
Guaranteed stop-loss order (GSLO)
A stop-loss order is an order to buy or sell when the market reaches the ‘stop’ price, which allows you to limit your losses. Unlike a standard stop-loss order, a guaranteed stop-loss order (GSLO) is unaffected by slippage or gapping and guarantees the price your trade will be closed out at. There is a premium to pay when placing the GSLO with us; however we will refund this in full if the trade is closed out without the GSLO being executed.
Hawk, hawkish
An economic policy advisor who favours relatively higher interest rates to keep inflation under control or curb rapid economic growth. See also Dove.
Hedge
A way of reducing the risk of losses that may occur if interest rates, share prices or foreign exchange rates move in the wrong direction. This usually involves the use of CFD or futures contracts.
Holding costs
Positions that are held open past 17:00 New York time will incur holding costs. These holding costs will be calculated based on the total size of the position. Also see Financing costs.
Illiquid market
A market with relatively less aggregate volume in the order book. In an illiquid market, a small amount of business often moves prices by a disproportionate amount, and bid and offer prices can be far apart.
Illiquidity
The difficulty of changing your assets in cash because of a lack of demand for the asset you’re trying to sell. As a market maker, we provide liquidity by constantly quoting a bid and offer spread. Also see Liquidity.
Index
An index, such as the FTSE 100 or S&P 500, gauges the prosperity or value of a section of the stock market. It is calculated from the prices of selected stocks, usually using a weighted average. It is not possible to invest directly in an index; instead investors trade in funds or other products that track the movement of an index.
Industrial production
A monthly economic indicator that measures changes in output for the UK’s industrial sector, including manufacturing, mining and utilities.
Inflation
Increase in the general price of goods and services.
Inflation rate
A measure of inflation that occurs in a given period (a year or calendar quarter for example). The inflation rate shows us how quickly the general price of goods and services is rising.
Initial Public Offering (IPO)

The process by which a company is floated on the stock market for the first time. Offering shares to the investment public is a way of raising capital for further expansion. Also known as New issue.

Instant execution
An order that is executed at the price displayed on the screen. If the price isn’t available a requote can be offered as a new two-way price, at which you can resubmit the order or choose to cancel it.
Interbank rates
FX rates quoted to each other by international banks.
Interest
Cash adjustments made to reflect the economic effect of owing or receiving the notional amount of equity controlled by a spread bet or CFD position.
Intraday trading
Trading where positions are opened and then closed out within the same trading day.
Japanese candlestick charts
Japanese candlestick charts are similar to bar charts in that each ‘candle’ shows the opening price, closing price, high price and low price for the period. The candles are either green or red, depending on whether the closing price is higher than the opening price (green) or below it (red). The main body, or ‘wax’, represents the range between the opening and closing price and the ‘wicks’ show the highs and lows.
Kiwi
A slang term often used to reference the New Zealand dollar (or NZD), which is New Zealand’s base unit of currency.
Last dealing day
The last day on which you may trade in a particular market. This may or may not coincide with the settlement date for that market.
Leverage
Leverage allows traders to gain a large exposure with a relatively small outlay. This has the effect of amplifying profit or loss. A leverage of 1:100 means that in order to open and maintain a position the necessary margin is one hundred times less than the transaction size.
Libor (London InterBank Offered Rate)
The interest rate charged between banks in London for short-term loans and a key benchmark that influences many other interest rate charges/products. Individual currency denominations have an associated Libor. It is produced for ten currencies with 15 maturities quoted for each, ranging from overnight to 12 months, producing 150 rates each business day.
Limit order
A limit order is an order to buy or sell a product at a specific price. A limit order to buy at a target price with OWM is executed at the target price or lower, when the buy price is equal to or lower than the target price. A limit order to sell at a target price with OWM is executed at the target price or higher, when the sell price is equal to or higher than the target price.
Limited risk
A trade which has a strictly limited maximum loss. Also see Controlled risk.
Line charts
Line charts are created by connecting a series of data points, usually past price closes, with a line. They are the most basic type of charts used in financial markets.
Liquid market
A liquid market has sufficient volume of two-way business for a large transaction to occur with little or no impact on price. Such a market will normally exhibit tight bid-offer spreads.
Liquidity
The level of continual buy and sell activity making up market demand and indicating the ease with which investors can undertake transactions.
Liquidity providers
A liquidity provider is an individual or institution which acts as a market maker in a given asset class. In the world of Forex the majority of global liquidity is provided by a number of big name investment banks (referred to as Tier 1 liquidity providers).
Log file
An ongoing journal of your trading activity.
Long position
A position taken in anticipation of a rising market. To go long means to open a ‘buy’ position.
Long-term trading
In the context of CFDs or spread betting, longer-term trading refers to strategies where the average duration of open positions would be between a week and several months.
Loonie
A slang term for the Canadian dollar.
Lot size
It is the standardised quantity of a financial instrument, such as base currency, underlying asset or shares, per contract.
Major currency pairs
The most heavily traded currency pairs in the FX market, including: EUR/USD, USD/JPY, GBP/USD and USD/CHF.
Margin call
A broker’s request to an investor using margin to deposit additional funds. Margin calls occur when an account’s funds fall to a specific value calculated by the broker, or if one or more of the products bought, effectively with borrowed money, decreased in value past a certain pip.
Mark-to-market
The daily adjustment of an account to reflect accrued profits and losses often required to calculate variations in margins.
Market capitalisation (MCAP)
Market capitalisation refers to the value of a company’s shares. The figure is reached by multiplying the number of shares that have been issued by the current share price. Investors find the MCAP figure useful for determining the size of a company.
Market execution
An order that is executed at the best price available in the market, with no requotes.
Market order
An order that you use to specify the direction and size of a trade, but not the price. This ensures your order will be filled as quickly as possible.
Market-making
The process of quoting a bid and offer based on speculation, expectation, supply and demand.
Medium-term trading
In the context of CFDs, this refers to strategies where the trader is prepared to hold positions open for longer than one day but where the average duration of open positions would be no more than a few weeks.
Mid-price
The bid plus the offer, divided by two.
Monetary policy
The action of central banks to set interest rates and control the amount of money in an economy, with the aim of keeping inflation and unemployment at acceptable levels.
Moving average
The graphical representation of a smoothed-out price action over a set period of time. Moving averages can help identify a trend, pips of entry and potential target levels for stops.
Moving Average Convergence Divergence (MACD)
A chart indicator used in technical analysis to indicate a potential bullish or bearish trend reversal.
NASDAQ
The NASDAQ is the second largest stock exchange in the US and traditionally lists many technology companies, such as Microsoft. The movements of the NASDAQ can have a significant effect on UK markets, particularly the techMARK index of technology, media and telephony companies.
New issue
A company that is floated on the stock market for the first time. Offering shares to the investing public is a way of raising capital for further expansion. Also known as Initial Public Offering (IPO).
New York Stock Exchange (NYSE) (NYSE)
The largest and oldest stock exchange in the US.
Nikkei 225
A price-weighted index of the top 225 shares listed on the Tokyo stock exchange.
Non-dealing desk (NDD)
An execution model that allows you to trade directly with numerous market liquidity providers in order to get the most competitive bid and ask prices.
Non-farm payrolls
A notable economic indicator normally released on the first Friday of every month by the US Department of Labor. It presents the number of people on the payrolls of all businesses, with the exception of agricultural, local government, private household and non-for-profit. The monthly figure can change significantly, and often leads to a high level of volatility in FX pairs such as EUR/USD, around the time of the release. Generally, a high reading is seen as positive (or bullish) for the US dollar, while a low reading is seen as negative (or bearish).
OCO (one cancels the other)
Lets you place a sell limit and sell stop order on the same stock at the same time. When either order is executed the other will automatically be cancelled. Also applies to a buy limit and buy stop order.
Offer
A current market price is made up of a level at which you can sell and a level at which you can buy. The level at which you can buy is always the higher of the two prices and is called the offer.
Offer price
The price at which the seller is willing to sell at.
Online trading

The act of buying or selling financial instruments via the internet using a broker like OWM’ online trading platform.

Open position
A long or short position which has not been closed out by an equal and opposite position.
Option
The right, but not the obligation, to buy (‘call option’) or sell (‘put option’) a specific amount of a given stock, commodity, currency, or index at a specified price (the ‘strike price’) during a specified period of time. For the holder, the potential loss is limited to the price paid to acquire the option. When an option is not exercised, it expires.
Order / order to open
An instruction by a customer to a broker/trader to buy or sell should a specified price be reached. The order remains valid until executed or cancelled by the customer.
Order book
When bid and offer prices match, new incoming orders are automatically logged against orders on the book. FTSE 100 stocks have been traded on an electronic order book since 20 October 1997
Oscillator

A leading indicator in chart analysis which shows a potential trend reversal before it occurs.

Out-of-hours

Out-of-hours – or extended hours – trading usually refers to trading on an index outside of its main opening hours. At OWM, you can trade on the UK 100, Germany 30, France 40 and Euro 50, 24-hours-a-day from Sunday evening to Friday evening.

Over-the-counter market (OTC)
Refers to trading that is carried out directly between two parties, without any supervision of an exchange.
Pip
Normally used in reference to forex rates, a ‘percentage in point’ is generally, though not always, the fourth decimal place, i.e. 0.0001. Traditionally a pip was the smallest point by which a forex rate could move, but this is no longer the case.
Pivot points
Used in technical analysis, pivot points use the previous period’s high, low and close to calculate the current period’s support and resistance levels.
Portfolio
A collection of investments owned by an individual or company.
Position margin
The amount of equity that a CFD trader is required to pay in order to open a new position.
Position sizing
The size of a position within a particular portfolio. It’s also associated with a risk management technique where an investor calculates the size of each new position so that the maximum likely loss on the position does not exceed a certain amount or a certain percentage of their capital.
Producer Price Index (PPI)
A statistic that measures changes in the price of finished goods and services sold by producers.
Profit and Loss (P&L)
Abbreviation of profit and loss; an account compiled at the end of an accounting period to show gross and net profit or loss. In spread betting and CFD trading, it shows money gained or loss incurred on a position.
Purchasing Managers Index (PMI)
An indicator of economic activity created through surveys completed by mangers in a number of manufacturing companies. It provides a picture of economic conditions within the manufacturing sector, and is often used by investors to predict future GDP numbers for a country’s economy.
Quantitative easing
A measure adopted by central banks to stimulate an economy when traditional monetary policy measures (like cutting interest rates) have failed. The central bank electronically creates funds in its own bank account to purchase previously-issued government bonds, plus private sector and distressed assets (so companies can raise capital). This serves to create more tradable and liquid markets to help stimulate the economy.
Quarterly CFDs
A type of future with periodic expiries spaced three months apart. Prices are normally quoted for the next two or three quarter months. Also see Rollover.
Quote
The two-way market price for a given instrument; because it’s two-way, you can buy or sell, according to whether you think prices will rise or fall.
Quote currency
The second currency in a pair (for example USD is the counter currency in GBP/USD). Also see Base currency or variable currency.
Range
Where the price moves within a defined boundary.
Realised profit/ loss
The amount of money you have made or lost on a position once it has been closed. Realised profit or loss will add to or subtract from your account cash balance.
Relative strength index (RSI)
A chart indicator used in technical analysis. It identifies when trends are coming to the end of their current direction, as well as overbought and oversold market conditions.
Requote
A requote occurs when you request to execute an order at a specific price that is no longer available and you’re offered a different quote. This can happen during fast-moving markets.
Resistance level
A term used in technical analysis indicating a price level at which analysis suggests a predominance of selling – and hence a greater likelihood that the price will fail to break through the level.
Retail sales
This figure represents the total of durable and non-durable goods sales by retailers to consumers. Services are largely excluded from this statistic.
Rights issue
An additional issue of shares by a company to existing shareholders at an advantageous, discounted price, usually in order to raise new funds for further development or to finance a new acquisition. A two for five rights issue at 145 cents means that the existing shareholder has the right to acquire a further two shares for every five currently held at a new cost of 145 cents per share acquired.
Rollover
Closing an expiring futures position and reopening the position in the next tradeable future. In forex, the value of the process is measured by the interest rate differential between the two currencies. There’s usually a small cost for rolling over positions.
Running profit/loss
Shows how your open positions are performing: the unrealised money that you would gain or lose on your open positions if they were closed at prevailing market prices.
S&P 500
A market capitalisation weighted index of the top 500 companies listed in the New York stock exchange (NYSE) or the NASDAQ. Often used as a gauge of sentiment for the US market.
Scalping
A trading strategy that involves placing short-term trades, sometimes less than a minute long, usually to try and capture small price movements.
Sector
A distinct subset of a market whose components share similar characteristics. Stocks are often grouped into different sectors depending upon the company’s business. For example the FTSE 100 has banking, oil & gas and pharmaceutical sectors.
Sell limit / limit sell
A conditional trading order that indicates an instrument may be sold only at the designated price or higher.
Sell stop
An order to open a sell position at a price lower than the price at the moment of placing the order. It is subject to price depth ladder and can be slipped to the current market price.
Selling short
This is practice of selling shares that you do not own in the hope that the share price falls before you have to settle the contract. If the price does fall you can then buy the shares at the lower price and pocket the difference. Also see Shorting.
Settlement
The process of a position closing against a specified market level once the position has gone beyond its last dealing time. Also see Expiry.
Shorting
A form of trading where the initial transaction is to sell, for example a CFD position taken in anticipation of a falling market. The position is closed with a buy trade. The trader will profit if the price falls and lose if it rises. When trading FX it refers to selling the base currency against the quote currency.
Slippage
The difference between the requested level of an order and the actual price at which it was executed. Slippage can occur during periods of higher volatility when market prices move rapidly or gap. Also see Fill and Gapping.
Spot price
The price quoted for immediate settlement or delivery of a currency, index, commodity or share (that is payment for and delivery of a product). It’s the current price at which a commodity or currency can be bought or sold at that specific time.
Spot rate
An exchange rate for immediate settlement.
Spread
The difference between the bid and the ask price of a security or asset.
Spread charts
Spread charts show the buy and sell prices plotted into a dual line chart format. A blue line represents the buy price and an orange line represents the sell price; the shaded area is the difference between the two, or ‘the spread’.
Stochastic
A chart indicator used in technical analysis to determine potential trend reversals, indicating an overbought or oversold market condition.
Stock exchange
A market on which securities are traded.
Stock index
Stock indices are a compilation of a number of stocks into one total price, allowing investors to easily follow the performance of certain groups of stocks.
Stockbroker
An exchange member firm which provides advice and dealing services to the public as well as trading on its own account.
Stop entry order
Stop-entry orders allow you to enter a transaction at a selected target price and within a set time period. A stop-entry order to buy is an order at a price above the prevailing market price. A stop-entry order to sell is an order at a price below the prevailing market price. Stop-entry orders are usually subject to slippage.
Stop loss
Stop-entry orders allow youAn order placed to automatically close your position when the price reaches your specified stop-loss price. A stop-loss order is designed to limit a loss on a position. This is not always guaranteed, however, as market conditions may cause the trade to be exited at a slightly different price, due to market gapping or slippage. Also known as a stop order. to enter a transaction at a selected target price and within a set time period. A stop-entry order to buy is an order at a price above the prevailing market price. A stop-entry order to sell is an order at a price below the prevailing market price. Stop-entry orders are usually subject to slippage.
Stop order
An order to close a position when prices pass a certain point. A stop order can be attached to an existing position (known as a stop loss) or used to initiate a new position (see Order to open).
Strike price
The price at which a contract can be exercised or settled against in reference to options trading.
Support
A price level that the market doesn’t fall below for some time. When prices fall to a support level the weight of buying outweighs selling and prices tend to be pushed up again. A number of different trend troughs often occur at a support level.
Support level
A technique used in technical analysis to indicate a price floor at which you would expect the price to ‘bounce’ off. A price point where it is anticipated buyers will enter the market and ‘support’ the price. The opposite of this is resistance.
Swissie
A slang term for the Swiss franc.
Take profit
An order to close an open position at a more profitable price compared to the price when placing the order.
techMARK
This market groups together technology companies from across the market. It has its own indices: the FTSE techMARK 100 and the FTSE techMARK All-share.
Technical analysis
A technique used to try and predict future movements of a security, commodity or currency, based solely on past price movements and volume levels. It examines charts and historical performance to forecast prices by analysing market data, such as historical price trends, averages and volumes.
Tick
A single price movement which can be either positive or negative.
Tom-next charges
In foreign exchange, the cost of holding a position overnight. Short for tomorrow-next, it normally incorporates the interest considerations in simultaneously holding and owing the notional and base currencies as well as being influenced by the relative availability of the associated currencies.
Trade balance
This statistic reveals the difference between a country’s exports and imports of goods and services, such as cars, electronics, textiles, banking and insurance.
Trade size
The size of the underlying position that you are trading. Governs how much you make or lose on a trade for every pip of movement in the price of the market.
Trailing stop
Trailing stops are a special type of stop loss order that trail behind the market price when the market moves in your favour.
Transaction costs
The costs you incur when trading financial products . These costs include commission (on shares), financing and spreads.
Transaction date
The date a trade occurs.
Treasury
A bond issued by a government. Bonds issued by the UK government are called gilt-edged stocks, commonly referred to as gilts.
Trend
The general direction in which prices tend to move.
Trend lines
A straight line drawn across a chart that indicates the overall trend. In an upward trend, the line is drawn below, and acts as a support line; the opposite holds true for a downward trend. Once the asset breaks the trend line, the trend is considered to be invalid.
Two-way price
When both a bid (sell) and offer (buy) rate is quoted for a transaction.
Underlying
A term used in derivatives trading, such as with CFDs. A derivative is a financial instrument whose price is based (derived) from a different asset. The underlying is the financial instrument (e.g., stock, futures, commodity, currency, index) on which a derivative’s price is based.
Unemployment claims
This statistic represents the number of individuals who filed for unemployment insurance for the first time during the past week. This is the US’s earliest jobs-related economic data release.
Uptick
A price quoted that is higher than the previous quote.
Volatility
An explanation of how quickly the price of a market or instrument rises or falls. A highly volatile market can be risky for short-term investors as they risk buying at a peak or selling in a trough at a loss.
Wall Street
An alternative, well-known term for the New York Stock Exchange (NYSE), the largest stock exchange in the US.
Working an order
The process of having an order working that has not yet been executed. Also known as a pending order.
XD
XD is a symbol that is used to signify that a security or stock has gone ex-dividend.
Yard
A slang trading term for a billion units.
Yield
The income return earned on an investment. There are a number of different types of yield, and in some cases different methods of calculating each type. Yield refers to the dividends received or interest on a security and is usually an annual figure.
Yuan
Base unit of currency in China.
Zloty
Polish unit of currency.

Privacy Policy

OWM(Oriental Wealth Markets Limited) Brokers has prepared this Privacy Policy (the “Policy”) which provides an overview and an explanation as to how we treat the personal information of individuals who are users of our website, www.OWMtrader.com, and including but not limited to you using any of our products, services or applications in any manner, whether online or offline.

This Policy is directed to natural persons who are either current and/or potential clients or are authorized representatives/agents or beneficial owners of legal entities or of natural persons which/who are current or potential clients of OWM(Oriental Wealth Markets Limited) Brokers.

OWM(Oriental Wealth Markets Limited) Brokers will gather various types of information, which includes information identifying you as an individual,  this is known as “Personal data” and/or “data”. OWM(Oriental Wealth Markets Limited) is committed to protecting your personal data and respects your privacy.

By continuing to use this Website, and/or any other services and products offered by and through OWM(Oriental Wealth Markets Limited) Broker, you confirm that you are of legal age, and expressly agree with this Privacy Policy and consent to OWM(Oriental Wealth Markets Limited) processing the data, by manual and/or automated means.  This includes the collections, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, disclosure, dissemination or otherwise making available, alignment or combination, restriction, erasure and/or destruction of personal data.

CHANGES TO THE PRIVACY NOTICE AND YOUR DUTY TO INFORM US OF CHANGE

It is important that the personal data we hold about you is accurate, complete and true at all times, as such please do keep us informed if your personal data changes during your business relationship with any of the OWM(Oriental Wealth Markets Limited) Brokers related entities.  In addition, you provide your implied consent for data processing/transmission/record keeping/ as between the said related entities, wherever such entities may be located, registered and/or operating.

THE DATA WE COLLECT ABOUT YOU

Personal Data, or Personal Information, means any information that related to an identified or identifiable living individual.  It does not include data where the identity has been removed (anonymous data).

Information can have various ways of being obtained, including but not limited to a) information you provide us with and/or b) information that we collect;

We may collect, use, store, process and transfer different kinds of personal data about you which we have or may obtain such as Identity Data, Contact Data, Financial Data, Transaction Data, Technical Data, Profile Data, Usage Data, Marketing and Communication Data.

We also collect, use and share Aggregated Data such as statistical or demographic data for any purpose.

We collect information about criminal convictions and offences, politically exposed person “PEP”.  OWM(Oriental Wealth Markets Limited) may run client/potential client details through international databases.  OWM(Oriental Wealth Markets Limited) may also collect and process personal data which is lawfully obtained not only from you but from within OWM(Oriental Wealth Markets Limited) Brokers , or other third parties, e.g. credit reference agencies, public authorities, companies/persons that introduce you to us, companies that process card payments such as JCC Payment Systems Ltd.  We may also collect and process personal data from publicly available sources, e.g. the Department of Registrar of Companies, the Land Registry, commercial registrars, the Press, media and internet, which we lawfully obtain and are permitted to process.

PURPOSE OF DATA COLLECTION/PERSONAL INFORMATION COLLECTION

When using the website as an example, details of your data are automatically registered by our server, such as your IP address, browser, the content you have visited, and how you landed on our pages, personal identification information, etc). In addition, we collect and store information such as your name, address, e-mail address, phone number, date of birth, gender and other data transmitted to us through completion of online forms, inserting information through the portal, and/or any other newsletters, product demos, etc.

The main purpose of collecting data is:

  • Compliance with national and international legal and regulatory/supervisory provisions;
  • Identifying the client and suitability of the client in relation to the products and services offered and provided by OWM(Oriental Wealth Markets Limited) Brokers;
  • Improving the quality of services to natural/legal persons;
  • Research and statistic analysis;
  • Facilitation of technical administration;
  • To take into consideration your online website behavior and trend;
  • Improve the quality of services and develop new ones;
  • Improve security by protecting against fraud and abuse;
  • To provide you with the transaction and post transaction-related services;
  • To inform you of products and/or services that may be of interest to you;
  • Ensuring network and information security;

All personal data is stored in accordance with the applicable laws on data protection.

DISCLOSURE OF DATA

Your personal data will be kept confidential and will be treated as such, it is to be noted that OWM(Oriental Wealth Markets Limited) Brokers will only disclose website usage data and/or personal data, to third parties as permitted by law(s), where and if OWM(Oriental Wealth Markets Limited) Brokers is legally obliged to do so or if such disclosure becomes necessary to enforce OWM(Oriental Wealth Markets Limited)’s rights in particular to enforce claims arising from a contractual relationship, or required to comply with any judicial, and/or other proceedings, court order, legal process or pursuant to any governmental, intergovernmental and/or other regulatory bodies, whereby such disclosure may be executed by OWM(Oriental Wealth Markets Limited) without prior notice to you.

OWM(Oriental Wealth Markets Limited) Brokers will not be liable for unlawful or unauthorized use of your personal information/passwords/username/login, etc due to misuse or misplacement of your passwords, negligent or malicious intervention and/or otherwise.

Your personal data may be shared within OWM(Oriental Wealth Markets Limited) Brokers and may be also disclosed to (but not limited to) business introducers, affiliates, , or other third party service providers in order to process obligations arising from the agreement, financial institutions, banks, other similar organizations that we deal with in course of corporate business, external service providers and professional advisers, which may be located overseas, such as auditors, lawyers and accountants, any third parties where this is necessary to process a transaction or provide services which you have requested or for trade reporting purposes.

MONITORING AND RECORDING
OWM(Oriental Wealth Markets Limited) Brokers will as required by the Law, monitor and record any communication you have with us whether in writing, by phone or by electronic mail.

SECURITY MEASURES
OWM(Oriental Wealth Markets Limited) Brokers takes all appropriate security measures to ensure that the personal data/data collected and stored in connection with your visit to the website and/or in relation to the services and products provided by OWM(Oriental Wealth Markets Limited) Brokers is protected against any unauthorized access, misuse, loss and/or destruction.

OWM(Oriental Wealth Markets Limited) Brokers uses physical and electronic security measures, including but not limited to the use of firewalls, personal passwords, encryption and authentication technologies. OWM(Oriental Wealth Markets Limited) Brokers’ employees and service providers are bound by professional secrecy and must comply with all data protection provisions.

It is to be noted, that access to personal data is restricted to specific employees, contractors and third party service providers who require this access in order to process the agreement between OWM(Oriental Wealth Markets Limited) Brokers and you, all on a “need to know” basis and to be able to execute all obligations emanating from the agreements in place.

It should be noted that data transmitted via an open network like the Internet cannot be fully protected from third-party access, although we take the best possible precautions to avoid any leakage of information/data.

Any transmission of data via the internet is at your own risk, although we will exercise all ways in order to protect your personal data. Please note that all your actions while using this website may be recorded and analyzed for various purposes, including security, marketing and system monitoring purposes.

OWM(Oriental Wealth Markets Limited) Brokers adheres to strict security standards using the most up to date security technologies.

COOKIES
OWM(Oriental Wealth Markets Limited) Brokers website uses cookies for statistical purposes and in order to improve the quality of services to the user. Cookies are small files that are placed on your device via your web browser when you visit OWM(Oriental Wealth Markets Limited) Brokers website. Information is stored, such as the specific preferences when using the website. It is to be noted that you can configure your browser not to save any or only certain cookies on your device. There are different types of cookies such as ID cookies which do not expire when you close your browser, and persistent cookies with remains on your hard drive for a period of time.

If you do not wish to receive cookies, you may be able to change the settings of your browser to refuse all cookies or to have your device notify you each time a cookie is sent to it, and thereby the choice to accept it or not.

It is strongly recommended that you allow cookies on our website to ensure you have best possible experience. Disabling the cookies may result in reduced performance of the website and trading platform and may also impair the quality of the services that we provide you in relation to your account with us.

THIRD PARTY LINKS

Links may appear on the website that are not operated or monitored by us, known as “third-party websites”, whereby such third party websites are not bound by this privacy policy and we are not responsible for their content. No warranties or liability related to the contents of such third party websites are made. Using links to third-party websites are at your own sole risk and discretion.

GOVERNING LAW

The use of this  website shall be governed by the laws of Vanuatu and/or the applicable law of the entity in which the User proceeds to open account with based on written agreement.

RECORD KEEPING

OWM(Oriental Wealth Markets Limited) Brokers will keep your personal data/data for as long as we have a business relationship with you (as an individual or in respect of our dealings with a legal entity you are authorized to represent or are a beneficial owner), and in accordance with the minimum period of retainment of personal data depending on the agreement executed by the User and the legal entity within OWM(Oriental Wealth Markets Limited) Brokers.

OWM(Oriental Wealth Markets Limited) Brokers shall not be required to delete data made pursuant to automatic archiving and back-up procedures in its IT systems, where a deletion is not possible or not possible without commercially unreasonable efforts.

For prospective clients, personal data (or authorized representative/agents/or beneficial owners of a legal entity prospective client), OWM(Oriental Wealth Markets Limited) Brokers keeps your personal data for as long as legally entitled to, unless you have officially requested deletion from the records.

Terms and Conditions

Ownership of Website and Legal background

OWM (Oriental Wealth Markets Limited) is a broker registered in Vanuatu, VFSC supervision number 40299.operates the website www.owmtrader.com

All Intellectual Property within and arising from the website is owned by  OWM(Oriental Wealth Markets Limited)Brokers, and OWM(Oriental Wealth Markets Limited)Brokers reserves all rights therein. These terms are supplementary to any agreements and other legal documents.

Access & Use of the Website & Disclaimer

By accessing and or using the website and the services and products so offered, the User of the Website, agrees to be bound by the terms and conditions herein and arising from the use of the website, at any given time, in any given location and in accordance with the entity in which the User will proceed to open accounts with. OWM(Oriental Wealth Markets Limited)Brokers reserves the right to use its discretion to suspend, modify, amend and or cancel any access to the website, or any part thereof, including the products and services so offered through the website. OWM(Oriental Wealth Markets Limited)Brokers may change the terms and conditions, information and materials within the website, at any time and may without prior notice to the user and therefore it is for the user to stay up to date with all information and or changes to the website.

The user assumes the responsibility and obligation to ensure compliance with the laws, by laws, regulations, directives if any, applicable in the user’s country of residence. The user of the website will be held responsible for any unauthorized use of the website or any illegal acts related to the website.

The user understands and agrees, that the website is not a solicitation to buy nor is it an offer to sell any products and services, to any (legal) persons, in any jurisdictions, where such products and services would be considered as unlawful/prohibited, under the laws of such specific jurisdictions. Therefore it is the user’s responsibility to comply with such laws in the respective jurisdictions, and in such cases the user will hold OWM(Oriental Wealth Markets Limited)Brokers harmless from any and all consequences, damages, and or liabilities that may occur as a result and or arising from such prohibitions.

Trading in financial instruments can result in both losses as well as profits and the investments can be lost. Before investing, the user must consider available resources, level of experience and risks involved, and is free to obtain the advice from financial/tax/legal advisors), as the case may be.

OWM(Oriental Wealth Markets Limited)Brokers does not guarantee that access to the website and or any of the products and services will be available at all times, or in any jurisdiction at any specific time. OWM(Oriental Wealth Markets Limited)Brokers will not be held liable for any consequential, incidental, special, punitive, or exemplary damages of whatsoever nature, arising out of any use and/or inability to use the Website and/or any of the products and/or services, nor will OWM(Oriental Wealth Markets Limited)Brokers  be held liable to the User for any lost profits, trading losses, damages that may result from use and/or loss of use of the Website and/or third party content, any inconvenience and/or delay, including any loss resulting from a cause over which Company has no control over, including failure of communication lines. By using the Website, the User agrees to indemnify and hold OWM(Oriental Wealth Markets Limited)Brokers , entities of the Group of Companies, and/or third party providers (if any), harmless from and against any and all claims, losses, liabilities, costs and expenses (including but not limited to attorneys’ fees) arising from the use of the Website, and/or any violation of the terms and conditions.

Insider trading and/or any other form of market abuse is strictly prohibited and any such acts will justify the immediate suspension of the activities. OWM(Oriental Wealth Markets Limited)Brokers  reserves the right to report such activities to relevant authorities and disclose relevant information regarding such acts and/or regarding any suspicious and/or abusive use of the Website, services, products and/or any platforms provided through the Website.

Data and Confidentiality

Data provided via the Website is intended only for informational and private use purposes. The User may obtain the advice of independent investment, financial, legal and tax advisors, if desired, before proceeding with an investment. All information provided via the Website should not be read, interpreted or construed as providing any investment advice and/or solicitation by OWM(Oriental Wealth Markets Limited)Brokers  nor any of the entities within the Group of Companies, its Employees, Officers, Directors, Affiliates, Agents, Service Providers and/or Licensors. This Website does not take into consideration any investment goals, financial situation and/or specific requirements of any User. Any person and/or entity should carefully consider their financial circumstances prior to entering into any transactions, investments and/or Agreements.

The User understands and consents to the storage and processing of data in accordance with the applicable laws, and that OWM(Oriental Wealth Markets Limited)Brokers  treats this data with the strictest confidentiality unless required to be disclosed by the supervisory bodies, competent authorities, court order, legal request/legal obligation subjecting OWM(Oriental Wealth Markets Limited)Brokers  or the entities within the Group of Companies, to make such disclosure.

The User is responsible and assumes all risks associated with the use of and storage of information on User’s electronic devices where through access and use of the Website is made.

It is the User’s responsibility to keep any account numbers and/or passwords and/or logins confidential at all times. User authorizes OWM(Oriental Wealth Markets Limited)Brokers  and entities within the Group of Companies to act in good faith on any instructions received from the authorized email address.

Cookies

OWM(Oriental Wealth Markets Limited)Brokers  may use “Cookies”, which are minute files containing information that websites use to track visitors of the Website. OWM(Oriental Wealth Markets Limited)Brokers  measures the activity of the Website through the use of “Cookies”. OWM(Oriental Wealth Markets Limited)Brokers  may access Cookies on the User’s Computer in order to obtain information related to which website, banners and/or advertisements guided the User to OWM(Oriental Wealth Markets Limited)Brokers ’s Website. Details transmitted through Cookies shall not be used for any direct promotional and/or marketing purposes without the User’s Prior Consent.

Payment and Safety of Funds

The User is bound by any of the agreements signed, and in turn agrees and accepts to the online payment methods offered by OWM(Oriental Wealth Markets Limited)Brokers.  Deposits and Withdrawals of Funds are executed as per the agreements entered into by the User and OWM(Oriental Wealth Markets Limited)Brokers. Withdrawals of funds are affected only upon the reception and approval of such requests by the entity and in accordance with the time frame, if any, of the payment providers.

OWM(Oriental Wealth Markets Limited)Brokers, deals with several reputable banks and client funds are held in segregated accounts, ensuring the continued safety of funds.

Linked Sites and Limitation of Liability

Access to the Website is provided on a “non-exclusive”, “non-transferable” basis and is in compliance with the terms and conditions, in addition to any other agreements signed by the User. The Website may contain hyperlinks to third-party websites, and as such, OWM(Oriental Wealth Markets Limited)Brokers and related entities,  shall not be held accountable for the content and/or accuracy of information of any of those websites, and as such OWM(Oriental Wealth Markets Limited)Brokers does not endorse the contents within such websites. The Website is provided to the User on an “AS IS” and/or “AS AVAILABLE” basis. OWM(Oriental Wealth Markets Limited)Brokers does not provide any warranties and/or guarantees of any kind.

OWM(Oriental Wealth Markets Limited)Brokers, including its Employees, Officers, Directors, Affiliates, Agents, Service Providers and Licensors, does not warrant the accuracy, adequacy, completeness of the information, products and/or services within the Website, and expressly disclaims liability for any errors, interruptions, losses, damages, or inaccuracies in the information, products and/or services provided through the Website

Applicable Law and Jurisdiction

The access and use of the Website, is governed by the laws of Vanuatu and the User submits to the non-exclusive jurisdiction of the Vanuatu Court or any of the applicable Court and/or Laws of any of the group entities registered in any other jurisdiction as the case may be or where the cause of action arose/may arise.

In the event that any term or condition is deemed invalid or unenforceable, such term or condition will be declared invalid and excluded, however, the remaining provisions will remain with the full force and effect. The User may contact the OWM(Oriental Wealth Markets Limited)Brokers in order to lodge a formal complaint as per the details displayed on the Website, such complaint should be lodged within a reasonable time, and OWM(Oriental Wealth Markets Limited)Brokers undertakes to investigate such complaint and revert to the User with a decision.

Any translations of the contents of the Website including products and/or services provided through the Website is made as a goodwill for the convenience of the Users. In the event of a dispute between the various language versions, the “English Version” of the Website shall always prevail.

Risk Disclaimer

OWM (Oriental Wealth Markets Limited) is a broker registered in Vanuatu, VFSC supervision number 40299. The following risk statement customers need to know

Trading in financial instruments is not suitable for many members of the public. The possibility exists that funds used for such trading in financial instruments sustain a loss of some or all of your investment. It is advisable to carefully consider whether trading in financial instrument(s) is appropriate for you in light of the experience, objectives, financial resources and any other relevant circumstances. You should understand all risks involved with trading in financial instruments and if necessary, seek for an independent advice.

Entering into any transactions in financial instruments is carried out voluntarily and at your own risk. There are high risks involved in trading and profit(s) from trading are not guaranteed whereas the past result(s)/historical performance do not assure/represent the future results.

The risk is high that you can sustain losses/damages to all or some of the capital/monies invested. An investment in any financial instrument carries a high degree of risk and the money that is invested might not remain the same, whereas you undertake the risk of sustaining a loss/damage, whilst, at the same time, the possibility exists that a profit/return can materialize.

Trading on the electronic trading system(s) carries a high risk since there is a large exposure to risks associated to the online system, including but not limited to the failure of hardware and/or software. The result of any system failure may be that your request is not executed according to instructions or not executed at all. All transactions effected are at your sole risk and you shall be solely liable under all circumstances. OWM(Oriental Wealth Markets Limited) Brokers  ,  will not be held responsible for any delays in transmission, delivery or execution of your request(s) due to malfunctions of communications facilities or other causes.

The market conditions and the operation of the rules of certain markets, trading hours, dealing room hours and so forth, may increase the risk of loss because of the difficulty to effect transactions or liquidate/offset open positions. The Company may be unable to execute your instructions at the requested level.

Trading with Financial instruments on margin carries a high level of risk which can work both, to your advantage and disadvantage.

In certain cases, the protection of your money transferred for purposes of trading in Financial instruments, may have an impact in the event of the specific firm/company going insolvent/bankrupt. Specific legislation or local rules may govern the extent to which you may recover money. In some jurisdictions, property/money which has been specifically identifiable as your own property/money, will be appropriated in the same manner as cash for purposes of distribution in the event of a shortfall.

You understand that commissions, fees and other charges may be applicable, and as such these charges will affect/reduce the profit (if any), or increase the loss. Before trading in financial instruments, you should make yourself aware of all charges for which you will be liable, whether such charges are at predetermined amount or variable.

You understand that the profit or loss for transactions in foreign currency-denominated contracts will be affected by the fluctuations in currency rates when there is a need to convert from the currency denomination of the contract into another currency.

You understand that OWM(Oriental Wealth Markets Limited) Brokers does not guarantee access to the Website and/or any of the products and/or services to be available at all times, or in any given location at any specific time.

All transactions effected for your account(s) are at your sole risk and you shall be solely liable under all circumstances. OWM(Oriental Wealth Markets Limited) Brokers will not be held responsible for any delays in transmission, delivery or execution of your request(s) due to malfunctions of communications facilities or other causes.

The Company may, in its reasonable opinion, determine that an emergency or an exceptional market condition exists (a “Force Majeure Event”). A Force Majeure Event shall include but is not limited to the following – “any act, event or occurrence (including without limitation any strike, riot or commotion, interruption or power supply or electronic or communication equipment failure).In the event of such a situation, all disposal rights belong to OWM (Oriental Wealth Markets Limited).

You understand that there is the risk that the Financial instruments may be or become the subject to tax and/or any other applicable due amount(s) as per legislation, which will become your responsibility to carry out.