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Trade Winds has its own unique Privacy Policy. Please read the following to learn more about our Privacy Policy.
This Privacy Policy covers Trade Winds stance towards the personal information which is stored while you are exploring our site and using the services on the site.
Trade Winds collects personally identifiable information while registering for Trade Winds Account, Online Trading and Derivatives.
1. Trade Winds will preserve your personal information without selling or renting it to anyone.
2. Only those people or companies will have access to the information who are authorized to do so.
3. Trade Winds will share your information only with your consent.
Trade Winds may change this policy from time to time. We will notify you by posting a prominent announcement on our pages in case of substantial amendments in the way we use your personal information.
You are invited to forward your queries and suggestions to askus@tradewindsindia.com
BASC Risks involved in the trading of Commodity Future Contracts and other
Commodity Derivatives instruments on the Exchange as
1.(a) Risk of Higher Volatility, (b) Risk of Lowe Liquidity, (c) Risk of wider Spreads,
(d) Risk of news and rumors (e) System & Network Congestion and also risk involved as
following:
The amount of margin is small relative to the value of the derivatives contract so the transactions are 'leveraged' or 'geared'. Derivatives trading, which is conducted with a relatively small amount of margin, provides the possibility of great profit or loss in comparison with the principal investment amount. But transactions in derivatives carry a high degree of risk. You should therefore completely understand the following statements before actually trading in derivatives and also trade with caution while taking into account one's circumstances, financial resources, etc. If the prices move against you, you may lose a part of or whole margin equivalent to the principal investment amount in a relatively short period of time. Moreover, the loss may exceed the original margin amount and to be imposed penalty on short margin and M2M .
3.Futures trading involves daily settlement of all positions. Every day the open positions are marked to market based on the Settlement price. If the settlement price has moved against you, you will be required to deposit the amount of loss (notional) resulting from such movement. This additional margin and loss will have to be paid within a stipulated time frame, generally commencement of trading plus next day. However, to be deposited upfront margin before commencement of trade.
Note: If the market moves in your favour, your account will be credited with the amount of notional profit resulting from such a movement. Trade Winds Commodities as members will act as the intermediary between you and the exchange for movement of these funds.
4. If you fail to deposit the additional margin by the deadline or if an outstanding debt occurs in your account, the broker/member may liquidate a part of or the whole position. In this case, you will be liable for any losses incurred due to such closeouts.
5.Under certain market conditions, an investor may find it difficult or impossible to execute transactions. For example, this situation can occur due to factors such as illiquidity i.e. when there are insufficient bids or offers or suspension of trading due to price limit or circuit breakers etc.
6.In order to maintain market stability, the exchange may adopt the following steps: changes in the margin rate, increases in the cash margin rate or others. These new measures may be applied to the existing open interests. In such conditions, you will be required to put up additional margins or reduce your positions.
The placing of certain orders (e.g., "stop-loss" orders, or "stop-limit" orders), which are intended to limit losses to certain amounts, may not be effective because market conditions may make it impossible to execute such orders. Strategies using combinations of positions, such as "spread" positions, may be as risky as taking simple "long" or "short" positions.
Market conditions (e.g., illiquidity) and/or the operation of the rules of certain markets (e.g., the suspension of trading in any contract or contact month because of price limits or "circuit breakers") may increase the risk of loss due to inability to liquidate/offset positions.
