Risk Disclosure
Financial markets involve risk. Prices move, liquidity changes, and execution outcomes can vary.
This document outlines the key risks associated with market participation and the use of trading platforms. It should be read carefully and understood before engaging with any market-related activity.
1. General Risk Statement
Participation in financial markets involves the risk of loss. Prices can move rapidly and unpredictably, and outcomes may differ from expectations.
Losses may exceed initial expectations depending on market conditions and the nature of the activity undertaken.
2. Market Risk
Market prices are influenced by a wide range of factors, including economic data, geopolitical events, market sentiment, and levels of participation.
Prices may move in any direction at any time, and past behaviour is not indicative of future outcomes.
3. Pricing and Spread Risk
Prices displayed on trading platforms reflect available market pricing derived from underlying liquidity.
Spreads, being the difference between bid and ask prices, are variable and may change continuously based on market conditions.
During periods of increased volatility or reduced liquidity, spreads may widen significantly.
4. Execution Risk
Execution outcomes depend on market conditions at the time an order is processed.
Orders may be executed at prices different from those observed at the time of placement. This may occur due to:
changes in market pricing
variations in liquidity
timing of order transmission
order type and size
Execution is not guaranteed at any specific price level.
5. Slippage and Gapping
Slippage occurs when an order is executed at a different price than requested.
This can occur when market prices change between the time an order is placed and when it is executed.
In certain conditions, markets may gap between price levels, resulting in execution at the next available price rather than the requested level.
6. Liquidity Risk
Liquidity refers to the availability of buyers and sellers at different price levels.
When liquidity is limited, pricing may become more volatile, spreads may widen, and execution outcomes may vary.
Liquidity conditions can change rapidly, particularly during market events or outside active trading hours.
7. Volatility Risk
Volatility reflects the rate at which prices change.
During periods of high volatility:
prices may move rapidly
spreads may widen
execution outcomes may differ significantly
Volatility may increase during economic announcements, geopolitical developments, or unexpected market events.
8. Technology and System Risk
Access to trading platforms depends on technology and infrastructure.
Interruptions or delays may occur due to:
internet connectivity issues
hardware or software failures
system maintenance
third-party service disruptions
These factors may affect the ability to access or use the platform.
9. Third-Party and Structural Risk
Access to platforms, pricing, and execution may involve third-party providers depending on jurisdiction and service structure.
RockGlobal does not control all aspects of pricing, liquidity, or execution outcomes.
Availability of services and features may vary depending on how access is structured.
10. No Guarantee of Outcomes
RockGlobal does not guarantee:
pricing levels
execution outcomes
availability of market conditions
uninterrupted access to systems
All outcomes depend on prevailing market conditions and external factors.
11. No Financial Advice
The information provided on this website is general in nature.
It does not take into account individual objectives, financial situations, or needs, and does not constitute financial advice or a recommendation.
Independent advice should be sought where appropriate.
12. Jurisdictional Considerations
Access to services is subject to legal, regulatory, and jurisdictional limitations.
Not all services are available in all locations, and eligibility may depend on applicable laws and individual circumstances.
13. Acknowledgement of Risk
By accessing this website or engaging with any related services, users acknowledge that they understand the risks outlined in this document.
Participation in financial markets should only occur where these risks are understood and accepted.