19. Risks and Liability
a) All Transactions to be carried out by you are executed on your behalf and at your risk. Neither the Company nor any authorized party on its behalf shall be held liable for any loss, damage or debt incurred by you resulting directly or indirectly by actions contemplated under this Agreement. To remove any doubts, in any event, any sum to be claimed by you may not exceed your Collateral.
b) In reading this, all clients hereby declare that they understand and accept that a fundamental precondition to this Agreement, relates to the Company’s right to close at any time, without an advanced notice, any Transaction executed by the client, in the event that their portfolio shall be of zero value or less, as calculated with respect to the fluctuations in the Financial Contracts’ prices.