Form 144 Tempus AI For: 25 September

The provided text is a comprehensive risk disclosure from Fusion Media, cautioning investors, particularly in volatile assets like cryptocurrencies, about significant capital loss risks and the amplified dangers of margin trading. It explicitly states that its market data and prices are indicative, not guaranteed real-time or accurate, and originate from market makers rather than exchanges, rendering them unsuitable for direct trading decisions. This underscores the critical need for independent due diligence and professional advice, while also serving as a broad liability disclaimer for Fusion Media regarding its data and content.

Analysis

The provided text is a standard but critical risk disclosure from Fusion Media, explicitly outlining the operational and data-related risks for users of its platform. It highlights that data and prices are not necessarily real-time or accurate, being provided by market makers rather than directly from exchanges, which renders them 'indicative and not appropriate for trading purposes.' This disclaimer underscores a significant data integrity risk for any trading strategy reliant on the platform's price feeds. Furthermore, the disclosure specifically warns of the extreme volatility and potential for total capital loss in cryptocurrency trading, with these risks being amplified by the use of margin. The document serves as a legal liability shield for Fusion Media, placing the onus of due diligence, risk assessment, and data verification squarely on the investor.

Key Decisions for Investors

• Investors must not rely on this platform's data for trade execution and should always cross-reference prices with primary exchange feeds to mitigate the risk of acting on inaccurate or delayed information.
• It is critical to avoid using data from sources with such disclaimers for latency-sensitive strategies like algorithmic or high-frequency trading.
• Portfolio managers should reinforce their internal risk management protocols, particularly concerning position sizing and leverage in highly volatile asset classes like cryptocurrencies, as highlighted by the disclosure's warnings.
• Treat content and data from Fusion Media as supplementary intelligence, not as a primary basis for investment decisions, and ensure all strategies are validated through independent research and due diligence.