Who is the counterparty to my trades?
To manage risk and reduce transaction costs, we may act as the direct counterparty in certain trades initiated in your Account. These trades are executed at prices provided by the Broker. This approach ensures that you receive real market execution for your trades, while allowing us to dynamically manage risk by routing existing positions or future orders to third parties for execution, as deemed appropriate.
We believe that executing trades in simulated accounts does not provide the same level of real market execution or cost-effectiveness. Regardless of whether we act as the counterparty to your trades, the calculation of gains or losses on your Live Account remains unchanged. However, acting as the counterparty introduces a potential conflict of interest, as your trades do not result in a net gain or loss for us, unlike scenarios where we are not the direct counterparty.
Any information contained on the SiegFund website, social media, or any other third-party site in relation to SiegFund, is used at your own risk and SiegFund assumes no responsibility or liability for any use or misuse of such information. Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose. Sieg Corporation Limited does not take into consideration your personal financial situation. If you require financial advice, it is recommended that you speak to a financial adviser or licensed professional.
Sieg Corporation Limited is not a broker, does not accept deposits for brokers and does not provide any investment services. Sieg Corporation Limited does not act as or conduct services as a custodian. Purchases of programs should not be considered deposits. All program fees are used for operating costs including, but not limited to, staff, technology and other business-related expenses.
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