Disclaimers

This Legal Notice governs your use of this website. Please read it carefully. By accessing this website you acknowledge and agree to the following. If you do not agree, please log off this website immediately.


Global Report Disclaimer

Newedge does and seeks to do business with companies that may be covered in its reports. As a result, investors should be aware that Newedge might have a conflict of interest. For the avoidance of doubt, investors should note that this report is not objective and is a marketing communication as defined by the Markets in Financial Instruments Directive (“MiFID”).  For more details, see MiFID policies on our website at www.newedge.com.

 

This report is for information purposes only, subject to change without notice and is not to be construed as an offer to buy or sell any financial instruments or securities.  If this material is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.  Newedge makes no representation or warranty that the information contained herein is accurate, complete, fair or correct or that any transaction is appropriate for any person and it should not be relied on as such.  Subject to the nature and contents of this report, the investments described are subject to fluctuations in price and/or value and investors may get back less than originally invested. Certain high volatility investments can be subject to sudden and large declines in value that could equal or exceed the amount invested. Futures and options, as well as certain other financial instruments, are speculative products and the risk of loss can be substantial.  Consequently only risk capital should be used to trade futures and options and other speculative products. Investors should, before acting on any information herein, fully understand the risks and potential losses and seek their own independent investment and trading advice having regard to their objectives, financial situation and needs.  This report and the information included are not intended to be construed as investment advice.  Any forecasts are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.  Newedge accepts no liability for any direct, indirect, incidental or consequential damages or losses arising from the use of this report or its content.  This report is not to be construed as providing investment services in any jurisdiction where the provision of such services would be illegal.

The opinions and views expressed in this report reflect the personal views of the author(s), are subject to change without notice and do not necessarily reflect the views of Newedge. Newedge, its officers, directors and employees may from time to time have positions, make markets or effect transactions in any investment or related investment covered by this report.  All information as well as references to prices and yields are subject to change without notice. Past results are not necessarily an indication of future performance.  This communication is intended only for use by the individual or entity to which it is addressed and may not be used in any way by or provided in whole or in part to any other person or entity.

Please note that this analysis or report is not meant for distribution to retail clients domiciled in Singapore (i.e. a person who is not an accredited investor, expert investor or institutional investor as defined under the Financial Advisers Act). For matters relating to this analysis or report, Singapore recipients should contact their Singapore Account Executive.

If these reports are prepared by a Newedge entity outside of the United States these reports are issued solely to major US institutional investors pursuant to SEC Rule 15a-6.  Any US person wishing to discuss this report or effect transactions in any security discussed herein may do so with or through Newedge USA, LLC, 630 Fifth Avenue, Suite 500, New York, New York 10111 (646) 557-9000.  Only Newedge USA, LLC is a member of FINRA and SIPC (although SIPC only pertains to securities-related transactions and positions).  Newedge USA, LLC is a US Broker-Dealer and Futures Commission Merchant. Newedge USA, LLC does not guarantee the settlement of any trade executed pursuant to SEC Rule 15a-6.

THE DISTRIBUTION OF THIS REPORT IN CERTAIN JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW AND PERSONS WITH ACCESS TO THIS REPORT MUST OBSERVE ANY SUCH PROHIBITIONS AND RESTRICTIONS. BY ACCEPTING THIS REPORT YOU AGREE TO BE BOUND BY THE FOREGOING.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Zurich and Dubai branches) andSociete Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority). Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund. Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.

 


Global Promotional Material Disclaimer

This document is for information purposes only, subject to change without notice and is not to be construed as an offer to buy or sell any financial instruments or securities.  If this material is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.

All information, prices or projections are subject to change without notice.  Newedge makes no representation or warranty that the information contained herein is accurate, complete, fair or correct or that any transaction is appropriate for any person and it should not be relied on as such. The opinions, views and forecasts expressed herein reflect the personal views of the author(s) and do not necessarily reflect the views of Newedge.  Some financial products and investments are subject to fluctuations in price and or value and investors may get back less than originally invested.  Certain high-volatility investments can be subject to sudden and large declines in value that could equal or exceed the amount invested.  Futures and options, as well as certain other financial instruments, are speculative products and the risk of loss can be substantial.  Consequently only risk capital should be used to trade futures and options and other speculative products.  Investors should fully understand the risks and potential losses and seek their own independent investment and trading advice having regard to their objectives, financial situation and needs.  This information is not intended to be construed as investment advice.  Newedge does not accept any liability or loss or damage arising from any inaccuracy or omission in or the use of or reliance on the information in this document.

Due to international regulations not all financial instruments/services may be available to all clients.  You should be aware of and observe any such restrictions when considering a potential investment decision.

THE DISTRIBUTION OF THIS DOCUMENT IN OTHER JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW, AND PERSONS INTO WHOSE POSSESSION THIS REPORT COMES SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. BY ACCEPTING THIS REPORT YOU AGREE TO BE BOUND BY THE FOREGOING.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Zurich and Dubai branches) and Societe Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority (DFSA)). If this material is distributed by Newedge Group Dubai Branch it is intended for Professional Clients only (as defined by the DFSA) and no other Person should act on it. Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund. Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.

 

Pulse Portal Disclaimer

This Legal Notice governs the use of the Pulse Portal system (“Pulse” or the “system”). Please read it carefully. By accessing this web-based service you acknowledge and agree to the following:

  1. This Legal Notice is in addition to the Terms of Business and/or other agreement(s) (collectively “Terms of Business”) that apply to any account(s) you maintain with Newedge. In the event of a conflict between this Legal Notice and the Terms of Business, the Terms of Business will prevail.
  2. Certain information on the account(s) you maintain with Newedge may be available through Pulse. You understand that Pulse does not provide you with a comprehensive catalogue of all information on the account(s) you maintain with Newedge. No representation or warranty is made as to, and Newedge accepts no liability for, the validity, timeliness, completeness, suitability, accuracy or reliability of the information appearing on this web-site (“Data”).
  3. Newedge grants to you for business purposes only, a limited and revocable right to access and use Pulse. You are responsible for obtaining, installing, maintaining, and operating all computer hardware, software and internet access services necessary to use or access any aspect of Pulse. Access to Pulse and the enclosed information is intended only for authorized users. Access to and use of Pulse is at your own risk. Any misuse of the Pulse application and access to the user's information by an unauthorized party will not be Newedge's responsibility.
  4. You accept the use of the system "as it is" without warranties and representations, express or implied by statute, common law or otherwise including but not limited to the implied warranties of merchantability, satisfactory quality or fitness for a particular purpose other than those warranties which are implied by and incapable of exclusion, restriction or modification under the laws applicable to this Legal Notice. Newedge does not warrant that the use of this website or any material downloaded from it will not cause damage to any property, including but not limited to loss of data or computer virus infection and Newedge shall have no liability as a result of any such losses or damages. Newedge is not responsible for any errors or malfunction or failure of your hardware, software, or any internet access services. Newedge does not guarantee availability of the system and is not responsible for any losses sustained or liability incurred by your inability to use the system.
  5. This Legal Notice states Newedge's entire liability and your exclusive remedy as it relates to the use of Pulse. In no event shall Newedge be liable for loss, injury or damages whether direct, indirect, special, incidental, exemplary, or consequential, including lost profits, arising from or related to any access to or use of Pulse or the installation, use or maintenance of your personal computer hardware, equipment, software, or any internet access services.
  6. Newedge may terminate, suspend or limit your access privileges to Pulse, in whole or in part, in our sole discretion at any time without prior notice. Newedge reserves the right to change this Legal Notice at any time without notice by updating this posting and your continued access to or use of Pulse will constitute your acceptance of any such changes.
  7. This website contains numerous trademarks belonging to Newedge. No rights are granted in respect of any of these trademarks. Reproduction in any form of any part of the contents of this website is prohibited except for (i) information on your account(s) at Newedge only or (ii) after obtaining formal authorization from Newedge.
  8. Newedge is not responsible for third parties “hacking” into the system, or “hi-jacking” or manipulating the Data on the system.
  9. You shall indemnify and hold harmless and defend Newedge and its officers, directors, employees, representatives, affiliates and agents from and against any and all actions, suits and proceedings at law or in equity and any and all liability, loss or damage including reasonable attorneys’ fees arising out of or in connection with your use of the system including any claim made by any person, corporation or other entity in respect of delays in providing, errors in or omissions from the Data, or the transmission, delivery or accessibility thereof or the termination of or the failure to supply or supply access to any of the Data.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Zurich and Dubai branches) and Societe Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority). Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund.  Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.

 

Global Email Disclaimer

This electronic communication and its contents are intended for the recipient only and may contain confidential, non-public and/or privileged information.  If you are not the intended recipient and/or have received this electronic communication in error, do not read, duplicate or distribute.  Please immediately advise the sender and delete this electronic communication and its contents from your system (if permitted by law).  No waiver of confidentiality or privilege is made by transmission in error.

Newedge makes no representation or warranty that the information contained herein is accurate, complete, fair or correct or that any transaction is appropriate for any person and it should not be relied on as such.  All information is subject to change without notice.  The information herein is subject to change without notice and is not to be construed as an offer to buy or sell any financial instruments or securities.  If this content is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.  This communication is for information purposes only.  Any market or other views expressed herein are those of the sender only as of the date indicated and not necessarily those of Newedge.  E-mails may not be secure or error free and information could be lost, destroyed, incomplete, delayed, altered, intercepted, corrupted or fail to be delivered.  Newedge makes no representation that this e-mail or any attachments are free of computer virus or other defects or inherent risks and accepts no responsibility for any loss or damage or liability of any kind arising therefrom.  Newedge reserves the right to retain all messages.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Dubai Branch) is regulated by the Dubai Financial Services Authority (DFSA). This communication is intended for Professional Clients only (as defined by the DFSA) an no other Person should act on it.

Newedge Group (Zurich and Dubai branches) and Societe Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority). Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund. Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.

For further information about Newedge and our services, please see our website at www.newedge.com.

 

Bloomberg Email Disclaimer

E-mails intended for recipient only. Newedge does not warrant accuracy or completeness and information is subject to change without notice.  Communication is for information only and is not to be construed as an offer to buy or sell any financial instruments or securities.  If this content is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.  E-mails may not be secure, error free or timely and information could be lost, destroyed and incomplete.  No representation that e-mails or attachments are free of virus or defects and Newedge accepts no responsibility for any loss or damage.  Newedge reserves the right to retain messages.  For full disclaimer: www.newedge.com.

Bloomberg IM Disclaimer

IM intended for recipient only.  Newedge does not warrant accuracy or completeness and information is subject to change without notice.  Communication is for information only and is not to be construed as an offer to buy or sell any financial instruments or securities.  If this content is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.  IM may not be secure, error free or timely and information could be lost, destroyed and incomplete.  No representation that IM or attachments are free of virus or defects and Newedge accepts no responsibility for any loss or damage.  IM transactions, orders, instructions, and agreements not binding until confirmed in writing or by phone. Newedge reserves the right to retain messages.  For full disclaimer: www.newedge.com.

External IM Disclaimer

IM intended for recipient only. Newedge does not warrant accuracy or completeness and information is subject to change without notice.   Newedge does not warrant accuracy or completeness and information is subject to change without notice.  Communication is for information only and is not to be construed as an offer to buy or sell any financial instruments or securities.  If this content is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.   IM may not be secure, error free or timely and information could be lost, destroyed and incomplete.  No representation that IM or attachments are free of virus or defects and Newedge accepts no responsibility for any loss or damage.  IM transactions, orders, instructions, and agreements not binding until confirmed in writing or by phone. Newedge reserves the right to retain messages.  For full disclaimer: www.newedge.com.

Global Fax Disclaimer

This communication may contain privileged and/or confidential information and is intended only for use by the individual or entity to which it is addressed. No waiver of confidentiality or privilege is made by transmission in error. If you have received this communication in error, you are hereby notified that any unauthorized dissemination, distribution, reading, printing, copying and/or use is strictly prohibited. Please immediately notify the sender and delete this message from your system as well as destroy any paper copies. Newedge makes no representation or warranty that the information contained herein is accurate, complete, fair or correct or that any transaction is appropriate for any person and it should not be relied on as such.  Nothing herein shall be construed as an offer to purchase or sell any financial product or security or as an official confirmation of any transaction.  If this material is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.  “Newedge” refers to Newedge Group SA and all its worldwide branches and subsidiaries.

Global Disclaimer for Brand Ads

All information, prices or projections are subject to change without notice.  Some financial products and investments are subject to fluctuations in price and or value and investors may get back less than originally invested.  Futures and options, as well as certain other financial instruments, are speculative products and the risk of loss can be substantial.  Consequently, only risk capital should be used to trade futures and options and other speculative products.  Investors should fully understand the risks and potential losses and seek their own independent investment and trading advice having regard to their objectives, financial situation and needs.  This information is not intended to be construed as an offer to purchase or sell any financial product or security or as an official confirmation of any transaction.  If the information is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation for the purpose of the relevant CFTC Rules.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Zurich and Dubai branches) and Societe Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority). Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund. Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.

 

Web-site Terms of Use

You are currently accessing the official internet website (the "Site") of Newedge. By accessing this Site you acknowledge and agree to the following Terms. These Terms are subject to change without notice and use of the Site by you after such change shall be deemed to constitute acceptance by you.  If you do not agree, please log off this Site immediately.

This information is not intended to be published or made available to any person in any jurisdiction where doing so would result in contravention of any applicable laws or regulations. 

Disclaimer Regarding the Products and Services Presented on the Site

The contents available on this Site are for informational purposes only, subject to change without notice and not to be construed as an offer to buy or sell any financial instruments or securities.  If the content is generated by or on behalf of Newedge USA, LLC and includes an analysis of the price or market for any derivatives, it should be construed as a solicitation.  Newedge makes no representation or warranty that the information contained herein is accurate, complete, fair or correct or that any transaction is appropriate for any person and it should not be relied on as such.  Any financial products described are subject to fluctuations in price and/or value and investors may get back less than originally invested. Certain high volatility investments can be subject to sudden and large declines in value that could equal or exceed the amount invested. Futures and options, as well as certain other financial instruments, are speculative products and the risk of loss can be substantial.  Consequently only risk capital should be used to trade futures and options and other speculative products. Investors should, before acting on any information herein, fully understand the risks and potential losses and seek their own independent investment, trading, legal and tax advice having regard to their objectives, financial situation and needs.  The information herein is not intended to be construed as investment, trading, legal or tax advice.  Any forecasts are for illustrative purposes only and are not to be relied upon as advice nor interpreted as a recommendation. 

Neither Newedge nor the other providers of data on this Site make any representations or warranties, express or implied as to the accuracy, completeness, or fitness for any purpose or use of the content provided. Further, Newedge disclaims any implied warranty of merchantability or non-infringement. The contents of this Site are provided on an "as is" or "as available" basis, are subject to continuous change and may not be current.  Newedge does not warrant that the use of this Site or any material downloaded from it will not cause damage to any property, including but not limited to loss of data or computer virus infection and Newedge shall have no liability as a result of any such losses or damages. Newedge is not responsible for any errors or malfunction or failure of your hardware, software, or any internet access services.

You agree to defend, indemnify and hold Newedge its subsidiaries, affiliates, successors and assigns, and their respective, shareholders, directors, officers, employees and agents harmless from and against any and all claims, damages, costs and expenses, including attorneys' fees, arising from or related to your use of the Site.

YOU ACKNOWLEDGE, BY YOUR USE OF THIS SITE, THAT USE IS AT YOUR SOLE RISK, THAT YOU ASSUME FULL RESPONSIBILITY FOR ALL COSTS ASSOCIATED WITH YOUR USE OF OUR SITE, AND THAT NEWEDGE SHALL NOT BE LIABLE FOR ANY DAMAGES OF ANY KIND RELATED TO YOUR USE OF THIS SITE INCLUDING FOR ANY DIRECT, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR LOSS, WHETHER OR NOT NEWEDGE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.  NEWEDGE SHALL NOT BE LIABLE FOR ANY DAMAGES THAT USERS MAY SUFFER ARISING OUT OF OR RELATING TO THE USE OR THE INABILITY TO USE, THE SERVICES OR CONTENT PROVIDED.  THESE LIMITATIONS OF LIABILITY SHALL APPLY REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT OR TORT AND SHALL SURVIVE FAILURE OF AN EXCLUSIVE REMEDY.

Jurisdiction

These Terms shall be governed and construed in accordance with the laws of the State of New York without giving effect to the conflict of laws principles thereof. The courts of the State of New York, county of New York shall have exclusive jurisdiction in respect of any dispute that may arise hereunder.

In the event that any of the Terms of this Site are held to be invalid or unenforceable, the invalid or unenforceable portions shall be severed from the remaining Terms, which shall continue to be enforceable to the fullest extent permitted by applicable law.

Hypertext Links and Viruses

Please be aware that, solely as a convenience to you, this service may provide links to certain internet sites sponsored and maintained by third parties.  Newedge has no control and makes no representation or warranty regarding the content on such sites and Newedge shall not be liable for any damages that result, directly or indirectly, from your access to another site.  The fact that this Site has links to these other sites does not in any way constitute an endorsement or recommendation.

Intellectual Property

The name Newedge® as well as all of the logos corresponding to these names are service marks and/or registered service marks of Newedge. You may neither reproduce, delete, re-use nor modify these distinctive marks in any way. Other companies' names or marks appearing on the Site may be protected as trademarks or service marks of their respective owners.  Newedge does not permit the use of its name in advertising, as an endorsement of any product or service or for any other commercial purpose except where expressly permitted by written agreement between parties.

Newedge holds copyrights on all of the works appearing on the Site, in particular images, texts, iconographic and photographic representations and documents which may be downloaded from the Site, as well as all of the software integrated on the Site. The reproduction or representation of all or part of this Site, on any medium whatsoever, is strictly forbidden without the prior written consent of Newedge.

You may view, print, download or store temporarily extracts from this Site solely for your own personal reference and without alteration, addition or deletion. If you download information or software from this Site, you agree that you will not copy or remove or obscure any copyright or other notices or legends contained in any such information. No other use of the information or materials contained on this Site is permitted. All rights reserved.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Zurich and Dubai branches) and Societe Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority). Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund. Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.

 

Pulse – Notice to Newedge Employees and Agents

Please note that Newedge’s employees and/or agents, as well as others who are able to access Pulse, are prohibited from forwarding the analyses or reports available through Pulse, in whole or in part, to any individual or entity.  All reports and analyses on the Pulse Portal are only for institutional customers registered on Pulse.  Any employee found forwarding the analyses or reports may be subject to internal disciplinary actions.  All questions pertaining to this Notice should be directed to the Pulse Administrator.

Disclaimer for Trade Recap or Pre-Confirmation

This report is provided at your request and is for information purpose only.  The content of the report is provided on an "as is" or "as available" basis, and is subject to the confirmation and/or statements which would be provided to you under the terms of your agreement(s) with the relevant Newedge entity relating to your account(s) with such relevant Newedge entity.  Newedge makes no representation nor warranty that the information contained in this report is accurate, complete, fair or correct and it should not be relied on as such.  Newedge accepts no liability for any direct, indirect, incidental or consequential damages or losses arising from the use of the report or its content.  If you have any question relating to this report, please contact our Client Service Department.

“Newedge” refers to Newedge Group SA and all of its worldwide branches and subsidiaries. Newedge Group SA and its branches are lead regulated by the Autorité de Contrôle Prudentiel et de Résolution. Newedge Group SA is also regulated by the Autorité des Marchés Financiers in France.  Societe Generale Newedge UK Limited is authorized and regulated by the Financial Conduct Authority (FCA).  Newedge Group (Zurich and Dubai branches) and Societe Generale Newedge UK Limited do not deal with, or for, Retail Clients (as defined under MiFID, FCA rules and Dubai Financial Services Authority). Only Newedge USA, LLC is a member of FINRA and SIPC (SIPC only pertains to securities-related transactions and positions). Only Société Générale Capital Canada Inc. is a member of the Canadian Investor Protection Fund. Societe Generale Newedge UK Limited and Newedge USA, LLC are Swap Dealers registered with the CFTC and NFA. Not all products or services are available from all Newedge organizations or personnel.  If necessary, please consult our local office for details.