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(i) investment advice,

(ii) financial advice,

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(iv) a recommendation,

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(vi) a recommendation to implement any specific investment strategy.

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Risk Disclosure

Trading and investing involve substantial risk and are not suitable for every individual. Financial markets can move rapidly and unpredictably. You may lose part or all of your invested capital; with certain instruments (e.g. derivatives or margin products), losses may exceed the initial investment. Past performance is not indicative of future results.

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Examples, Backtests and Model Outputs

Any examples, backtests, model outputs or hypothetical illustrations (if provided) are for illustrative purposes only and do not represent actual trading results. Hypothetical results have inherent limitations and may not account for liquidity constraints, slippage, spreads, commissions, fees, taxes or other real-world factors.

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Last updated: January 2026