Disclaimer & Notices
Disclaimer And Notices
Your access to this website is subject to the terms and conditions set out in this disclaimer, The Concept Trading’s Privacy Policy and any other notices, disclaimers, statements and other terms and conditions contained on this website (referred to collectively as ‘the Terms and Conditions’). By accessing this website and other websites through links provided by us, you agree to be subject to the Terms and Conditions.
These Terms and Conditions also apply to any Products or Services including but not limited to Subscriptions, Webinars, Courses, Workshops and Associate Material (together the “Products or Services”) sold by The Concept Trading.
Certain Products or Services have their own governing Terms and Conditions which will apply in addition to these Terms and Conditions. These will usually be in an Order or Enrolment Form completed by you. In the event of any inconsistency between the Terms and Conditions in that Order or Enrolment Form and these Terms and Conditions, then these Terms and Conditions will prevail.
This website
The website www.theconcepttrading.com (‘this website’) is owned and operated THE CONCEPT AU/NZ PTY LTD as trading as THE CONCEPT TRADING (ACN 652 938 399).
The information provided on this website is believed to be accurate at the time of compilation and is provided by The Concept Trading in good faith. However, the use of this website is at your sole risk. Neither The Concept Trading, nor the directors and officers of The Concept Trading, make any representation or warranty as to the quality, accuracy, reliability, timeliness or completeness of material in this website or material in websites linked to this website, or that the use or operation of this website will be uninterrupted or error free, or that this website will be secure or free of viruses, errors, worms or other harmful components. Except in so far as liability under any statute cannot be excluded, The Concept Trading, its directors, employees and consultants do not accept any liability (whether arising in contract, tort, negligence or otherwise) for any error or omission in the material or for any loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of the information or any other person.
General information only
The information contained in this website should be used as general information only. It does not take into account the objectives, financial situation or needs of any investor, or purport to be comprehensive or constitute investment advice and should not be relied upon as such. You should consult a financial adviser to help you form your own opinion of the information, and on whether the information is suitable for your individual objectives and needs as an investor. Financial products are complex, entail risk of loss, may rise and fall, and are impacted by a range of market and economic factors, and you should consult appropriate professional advisers on any legal, stamp duty, taxation and accounting implications of making an investment.
When considering whether to use a financial service offered by The Concept Trading in this website you should view our Financial Services Guide for important information in relation to those financial services. By accessing each page of this website, you acknowledge receipt of the Financial Services Guide.
General information only
We may as a result of your access to this website hold and process personal information obtained about you. However, The Concept Trading is committed to maintaining the privacy of any personal data it holds about you and does so in accordance with the Australian Privacy Principles contained in the Privacy Act 1998. Please read The Concept Trading’ Privacy Policy to understand how your personal information will be treated when you use this website.
Privacy
Website links
Third party information and materials
Testimonials and Reviews
Investment performance
Past performance of The Concept Trading investment strategies is not indicative of future performance. The Concept Trading Group does not guarantee the performance of any of The Concept Trading investment strategies or the return of an investor’s capital or any specific rate of return.
Prices
All figures and amounts displayed on this website are in Australian dollars, unless otherwise stated. All asset values are historical figures based on our most recent valuations. As pricing frequencies and valuation methodologies differ for the various types of assets, the asset values shown may not be current and, therefore, you should not rely on them as the basis for trading investments in your account.
Copyright, trademarks and intellectual property rights
Unless expressly stated, The Concept Trading Group is the owner or licensed user of the copyright and any intellectual property rights in any material, design, technology or concept contained on this website. All rights are reserved. You may use the information for your own personal reference only. You may reproduce the information in hard copy solely for your personal use. Except as permitted under the Copyright Act 1968 (Cth) or other applicable laws, this website or any portion of this website may not otherwise be reproduced, adapted, distributed, displayed, or transmitted to any other person or incorporated in any way into another document or other material, without The Concept Trading’ express consent.
Governing law
These Terms and Conditions are governed by and are to be construed in accordance with the laws of Queensland, Australia. You agree to the non- exclusive jurisdiction of the courts of Queensland, Australia and any courts which may hear appeals from those courts in respect of any proceedings in connection with these Terms and Conditions or this website.
Emails from The Concept Trading
Emails and any files transmitted with them are intended solely for the use of the intended recipient(s) and may contain information which is confidential or privileged. If you are not the intended recipient (or responsible for delivery of the message to the intended recipient), please disregard the contents of the message, contact the sender by reply email and destroy all copies of the original message immediately.
Product Design And Distribution Obligations
Requirement
S760A(aa), s994B Corporations Act, ASIC Regulatory Guide 274
Policy Objective
Taking effect from October 2021, the product design and distribution obligations (DDO) are designed to ensure that product issuers design and distribute products which are likely to be consistent with the likely objectives/financial situation/needs of the clients for whom they are intended. Issuers and distributors must take reasonable steps that are reasonably likely to result in financial products reaching consumers in the target market defined by the issuer. Issuers must then monitor consumer outcomes and review products regularly to ensure they remain consistent with those targeted clients.
These requirements apply to all new products which are issued or existing products which are assessed to be distributed by The Concept Trading to be issued to retail clients.
Procedure
As an Introducing Referrer, The Concept Trading could be considered a Distributor and are therefore required to comply with the following:
- Implement documented governance arrangements (policies, procedures and processes) to facilitate compliance with any restrictions, conditions and reporting requirements imposed by the issuer.
- Ensure any referral or distribution agreement documents clearly state any agreed requirements or commitments to the product issuer.
- Ensure the product (trading account) is only marketed to persons who meet any eligibility criteria or suitability criteria detailed in the relevant Target Market Determination (TMD). TCT do not market trading accounts directly. However to qualify for a Company Account we do require clients to open a trading account to gain practical experience.
- Take reasonable steps in relation to distribution that will, or are reasonably likely to, result in distribution being consistent with the most recent TMD – TCT must review and comply with the applicable distribution conditions and restrictions of the broker’s TMD, including reporting of complaints/negative feedback in a timely manner, and any significant dealings.
- Refrain from distributing any financial product to a retail client unless a current (and appropriate) TMD has been provided by the issuer.
- Notify the issuer of a Significant Dealing in a financial product, in writing within 10 business days, where we become aware that the financial product is being sold/utilised not in accordance with the TMD and product suitability/eligibility criteria.
- Keep complete and accurate records of distribution information, including the number of complaints received about a product; and information specified by the issuer in the TMD.
- Report all complaints and/or negative feedback received, to the issuer in a timely manner.
- Eliminate or appropriately manage the risk that incentives for staff or contractors may encourage behaviour that could result in consumer harm or in distribution being inconsistent with the TMD.
- Provide sufficient training to staff involved in distribution operations and assess.
- The staff members’ skills to perform the required duties.
- Are aware that they must satisfy the broker eligibility criteria and any knowledge assessment applicable;
- properly understand the risks of trading and are committed to trading in small amounts in accordance with the risk management protocols taught; and
- are assisted in need, to understand the key risks of trading, including the volatility of the markets, and the risk of losing capital in excess of that invested.
