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  1. Scope of Service: All contents of the Service are provided for information purposes only.

You agree that the Service should not be interpreted as investment advice. We do not provide personal investment advice. The technical research reports that comprise the Service are for informational purposes only and are provided without warranty of any kind. In no event will we be liable for any direct, indirect, consequential, or incidental damages arising out of any decision made or action taken by you in reliance on the Service, whether or not caused in whole or part by our negligence.

The trading of futures contracts and options on futures contracts involves risk and is not suitable for all potential users of the Service. You should be aware of the risks inherent in the energy and financial futures markets. Past performance does not guarantee or imply future success. You cannot assume that profits or gains will be realized or that any recommendation made by the Service will be profitable. The purchase or sale of the futures and/or options described herein may result in the loss of some, all of, or more than any investment made. You assume the entire cost and risk of any investing, hedging and/or trading you choose to undertake.

THE RISK OF LOSS IN TRADING COMMODITY FUTURES CONTRACTS CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CIRCUMSTANCES AND FINANCIAL RESOURCES.

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From time to time, personnel of United ICAP or its affiliates (ICAP) may buy, hold, or sell a position in a futures or options contract discussed by the Service. All such transactions are conducted at market values.

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