AQUAS Financial, LLC. (“AQUAS,” “we,” “our,” or “us”) is a broker-dealer registered with the Securities and Exchange Commission (“SEC”) and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”). We offer a full range of execution and brokerage services, as well as our electronic trading platform. We also provide proprietary asset management tools and regulatory reporting to satisfy all reporting requirements.
AQUAS Financial, LLC (“AQUAS”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
This Agreement sets out the terms and conditions governing the opening and maintenance of an Account with AQUAS Financial, LLC ("AQUAS"). In this Agreement, the terms "I," "me," "my,""customer," "you," or "account owner" refer to each individual who signs the Account Application. The terms "AQUAS," "we," or "AQUAS Financial" refer to AQUAS Financial, LLC.
Pursuant to FINRA Rule 2270, AQUAS Financial (“AQUAS”) provides the following general disclosures regarding Day Trading. As required by SEC and FINRA rules, AQUAS will classify an account that effects four (4) day trades within a five (5) day period as a Pattern Day Trading Account. You should consider the following points before engaging in a day-trading strategy. Day trading refers to a trading strategy where an individual buys and sells (or sells and buys) the same security in a margin account on the same day in an attempt to profit from small movements in the price of the security. FINRA’s margin rule for day trading applies to day trading in any security, including options. Day trading in a cash account is prohibited. All securities purchased in a cash account must be paid for in full before they are sold.
Electronic trading and order routing systems differ from traditional open outcry pit trading and manual order routing methods. Transactions using an electronic system are subject to the rules and regulations of the exchange(s) offering the system and/or listing the contract. Before you engage in transactions using an electronic system, you should carefully review the rules and regulations of the exchange(s) offering the system and/or listing contracts you intend to trade.
This statement is required by the U.S. Securities and Exchange Commission (“SEC”) and contains important information on penny stocks. Your broker-dealer is required to obtain your signature to show that you have received this statement before your first trade in a penny stock. You are urged to read this statement before signing and before making a purchase or sale of a penny stock.
Pursuant to FINRA Rule 2264, AQUAS Financial is furnishing this document to you to provide some basic facts about purchasing securities on margin, and to alert you to the risks involved with trading securities in a margin account. Before trading stocks in a margin account, you should carefully review the margin agreement provided by your firm. Consult your firm regarding any questions or concerns you may have with your margin accounts.
This option agreement sets forth the respective rights and obligations arising in connection with any option transaction by you (AQUAS Trading, LLC) on mybehalf including but not limited to, the purchase and sale of put and call options:
AQUAS Financial, LLC (“AQUAS”, “we”, or “us”) understands that confidentiality and security of the personal information ("Personal Information") that is shared with us is important. AQUAS is committed to protecting the privacy of Personal Information, including Personal Information related to individuals who may be clients, employees, agents, job applicants or others inside or outside of AQUAS (“you”, “your”). We have developed specific policies and practices designed to protect the privacy of your Personal Information.
The risk of loss in electronic day trading can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in light of you circumstances and financial resources. In considering whether to trade, you should be aware of the following points:
There are special risks associated with uncovered options writing which expose the investor to potentially significant loss. Therefore, this type of strategy may not be suitable for all customers approved for options transactions.
The account owner named on the online trading authorization form hereby authorizes and appoints the authorized agent(s) named on the online trading authorization form as the account owner’s or owners’ agent(s) and attorney(s)-in-fact for the purchase and sale of securities and other financial instruments in cash and/or on margin in the account owner’s or owners’ name(s) or number on the Aquas Financial, LLC books (the “account”). The authorized agent(s) may act on behalf of and without notice to the account owner(s) to buy, sell, sell short, and to otherwise trade stocks, bonds, mutual funds, options, and/or any other securities, financial contracts, or financial instruments.
