REGULATED MARKETS WARNING

It is a statutory requirement that we provide this information to you. Please read and confirm your understanding; we are unable to open your account without it.

I understand that when placing a [spread bet] [order], I will be trading outside of a regulated market or multilateral trading facility and by signing this Application Form I will be giving my express prior consent for that to occur. I confirm that I understand that Alvar is under no obligation to comply with the rules of the exchanges with regards to my [spread bet] [order], although they will endeavour to do so.