Regulated Activities
The information/research herein is prepared by IG Asia Pte Ltd (“IGA”) (Co. Reg, No. 200510021K) or foreign marketing partners of IGA (collectively known as IGA Group). IGA holds a capital markets services licence from the Monetary Authority of Singapore for dealing in capital market products that are over-the-counter derivatives contacts, and is an Exempt Financial Adviser under the Financial Advisers Act in respect of advising others by issuing or promulgating research analysis or research reports.
IGA provides transaction1 trading services for CFDs on securities/ indices/commodities, options and Digital 100s on an execution ONLY basis. IGA does not engage in proprietary trading activities or provide any other form of services related to securities or other investment products. IGA currently acts as a Principal in dealing with customers for all Transactions. (1Transaction is defined in Term 31 of the IGA Margin Trading Customer Agreement)
Restrictions on Distribution
General
The analysis/research herein is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation.
Distribution in Singapore on behalf of IG Group of Companies
IGA, may distribute information/research produced by its respective foreign affiliated within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
General Disclosure/Disclaimer
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
Financial Interest
Analyst Certification
The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views. The analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report. As of the date the report is published, the analyst and his/her spouse and/or relatives who are financially dependent on the analyst, do not hold interests in the securities recommended in this report (“interest” includes direct or indirect ownership of securities).
IGA and IG Group Certification Certification
We and our marketing partners, officers, directors, and employees, excluding our research analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives, if any, referred to in this research.
