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TERMS AND CONDITIONS ............................................................................................................................................................ 2 1. SCOPE ...................................................................................................................................................................................... 2 2. YOUR ACCOUNT AND TRANSACTIONS ..................................................................................................................................... 4 3. SERVICES BY ICM CAPITAL LIMITED (SAINT VINCENT) .............................................................................................................. 5 4. PLACING TRADES ..................................................................................................................................................................... 7 5. TRADING ................................................................................................................................................................................ 10 6. OPEN POSITIONS ................................................................................................................................................................... 11 7. NEW ORDERS, STOP LOSS ORDERS AND LIMIT ORDERS ......................................................................................................... 12 8. MARGIN CALCULATIONS ........................................................................................................................................................ 15 9. MARGIN CALLS....................................................................................................................................................................... 17 10. FEES AND PAYMENTS ........................................................................................................................................................... 17 11. TRANSACTION SPECIFICATIONS ........................................................................................................................................... 18 12. EXPIRY OF FUTURE CONTRACTS ........................................................................................................................................... 19 13. ACCOUNT SETTLEMENT AND SET OF .................................................................................................................................... 19 14. CONFLICTS OF INTERESTS ..................................................................................................................................................... 21 15. AUTHORISED THIRD PARTY .................................................................................................................................................. 21 16. TERMINATION...................................................................................................................................................................... 22 17. CLIENT MONEY..................................................................................................................................................................... 23 18. WITHDRAWALS AND REFUNDS ............................................................................................................................................ 24 19. FORCE MAJEURE .................................................................................................................................................................. 27 20. CONFIRMATIONS, QUERIES ON ACCOUNTS, COMPLAINTS AND COMPENSATION ............................................................... 29 21. ALTERATIONS TO THESE TERMS AND CONDITIONS .............................................................................................................. 30 22. NOTICES ............................................................................................................................................................................... 30 23. LIMITATIONS OF LIABILITY ................................................................................................................................................... 31 24. TAXES................................................................................................................................................................................... 32 25. PRIVACY ............................................................................................................................................................................... 33 DEFINITIONS .............................................................................................................................................................................. 33 1
