Important information
Where Macquarie and/or its Related Entities sends an IOI as principal with genuine trading interest based on actual inventory held, the Client should be aware when responding to that IOI that, depending on changing market conditions, client activity and changes to Macquarie’s and/or its Related Entities’ risk exposures, Macquarie and/or its Related Entities may execute trades in relation to the same stock that was the subject of the IOI on the same trading day, without prior notice to the Client.
In relation to any Indication of Interest (“IOI”) provided by Macquarie Securities Korea Limited (“MSKL”), it is being provided to the recipients for the purpose of facilitating the execution of orders placed by the customers of MSKL to the extent permitted by applicable laws and regulations of Korea. Pursuant to such laws and regulations, MSKL provides the IOI only upon the condition that the recipients shall neither (i) conduct any transaction taking advantage of any price variation or fluctuation expected based on the information obtained from the IOI nor (ii) convey the IOI or any part thereof to a third party. The recipients are informed that information on their orders placed with MSKL may be provided to other customers of MSKL in form of an IOI, unless MSKL is notified otherwise by such recipient.
