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Disclaimer: Except as otherwise noted, the content of the Foreign Trade Bank Securities, Inc. website, including but not limited to text, graphics and icons, are copyrighted materials of Foreign Trade Bank Securities, Inc., and contain trademarks and service marks of Foreign Trade Bank Securities, Inc. or its affiliates. The content is provided as is. Foreign Trade Bank Securities, Inc. does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained on the site. Foreign Trade Bank Securities, Inc. expressly disclaims liability for errors or omissions in these materials. Foreign Trade Bank Securities, Inc. makes no commitment to update the information contained on the site; opinions and other content are subject to charge without notice. While Foreign Trade Bank Securities, Inc. strives to provide accurate and timely information, there may be inadvertent technical factual inaccuracies and typographical errors. Foreign Trade Bank Securities, Inc. reserves the right to make changes and corrections at any time, without notice. Foreign Trade Bank Securities, Inc. expressly disclaims all liability for the use or interpretation by others of information contained in the Foreign Trade Bank Securities, Inc. web site. The visitor agrees to hold Foreign Trade Bank Securities, Inc., its officers, employees, agents or affiliates harmless against any claims for damages arising from use of the site or any decisions that the visitor makes based on such information. The visitor further agrees that Foreign Trade Bank Securities, Inc. shall not be liable for any special or consequential damages that result from access to or use of this site.

Foreign Trade Bank Securities, Inc. is not using this site to provide investment or other advice to you or any other party. No information or material at this site is to be relied upon for the purpose of making an investment. This site is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy any investment that may be referenced herein. Affiliates of Foreign Trade Bank Securities, Inc.. mentioned at this site may only transact business in jurisdictions in which they are properly registered or exempt from registration. This site or the information contained herein is not to be construed as an offer to sell or a solicitation to buy any investment in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction.


An investment with Foreign Trade Bank Securities, Inc. is speculative, volitile, involves a high degree of risk, and is intended for sophisticated investors who are able to bear the loss of more than their entire investment. Please read and examine our current Disclosure Document before seeking the services of Foreign Trade Bank Securities, Inc.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

Foreign Trade Bank Securities, Inc. is incorporated in the State of California and is registered with the Commodity Futures Trading Commission ("CFTC") as a Commodity Trading Advisor and is a member of the National Futures Association ("NFA"). Foreign Trade Bank Securities, Inc. may only provide commodity trading advisory services in jurisdictions wherein Foreign Trade Bank Securities, Inc. is appropriately licensed and/or permitted by law.

The risk of loss in trading commodities can be substantial. You should therefore carefully consider whether such trading is suitable fou you in light of your financial condition. Please read the Futures and Options Risk Disclosure Statement (CFTC required) before seeking the services of Foreign Trade Bank Securities, Inc.

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The information on this web site may not be reproduced or used in conjunction with any securities offering and is not for reproduction or distribution without the prior written consent of Foreign Trade Bank Securities, Inc.