1. These terms and conditions (the “Rules”) apply to the IG Share Trading Promotion (the “Promotion”). By participating in the Promotion, participants agree to be bound by these Rules. All capitalised but undefined terms will be deemed to have the same meaning as given to such terms in your Share Trading Customer Agreement.
2. The Promotion is organised by IG Markets Limited (“we”, “our”, or “us”) with their registered address being Level 15, 55 Collins Street, Melbourne, Victoria, 3000, Australia (“IG”).
3. To be eligible to take part in the Promotion (a “Qualifying Participant”) you must fulfil the following criteria:
a) you must apply for a Share Trading account with us (in accordance with our usual account opening rules) between 12 October and 18 November 2016 (inclusive);
b) you must place a share trade before the end of 18November 2016 (inclusive);
c) you must be a new IG Share Trading client;
d) you must be a Hertz Gold Plus Rewards member; and.
e) you will not be eligible to participate in the Promotion if you are an employee (or any relation or partner or agent thereof) of IG.
4. All online share trades will be commission free for 30 days from your share first trade (the “Commission Free Period”), subject to the following:
a) the first share trade must be placed before the end of 18 November 2016;
b) our standard commissions will apply the day after the last day of the Commission Free Period, please see our website for details;
c) the Promotion does not apply to trades placed by phone-call; and
d) you must hold a minimum AUD$90 value of shares in any one individual stock during the Commission Free Period. If the value of shares in any individual stock falls below AUD$90 during the Commission Free Period, the relevant commission may be applied and charged retrospectively.
5. By accepting and proceeding with this Promotion, you have agreed to be bound by these Rules as well as the relevant Share Trading Customer Agreement for your IG Markets Limited. If any provision of these Rules conflicts with any provision of your Share Trading Customer Agreement, the Share Trading Customer Agreement shall prevail.
6. This Promotion applies to share trades only. The Promotion does not apply to CFD trades (including CFD share trades).
7. Wholesale clients are expressly excluded from participating in this Promotion.
8. Foreign exchange conversion fees and government taxes may apply.
9. We are the sole arbiter of the Promotion, these Rules and any other issues arising under this Promotion. Exceptions to these Rules are at the sole discretion of IG’s management, and our decision is final. We reserve the right to alter, amend or terminate the Promotion or any aspect of it at any time and without prior notice.
10. We will not be held liable for any losses incurred by you as a result of your trading in relation to this Promotion. Trading CFDs is a high risk activity and it is possible to lose more than your initial investment.
11. Any dispute or situation not covered by the terms of this Promotion will be resolved by our management in a manner it deems to be fairest to all concerned and that decision shall be final and binding on all parties. We reserve the right to refuse the pay out under the Promotion if we have reasonable belief that there has been any co-operation, collusion and/or organisation of transactions from the same source, or if we have reasonable belief that the Promotion is being abused in any way.
12. This Promotion and any obligations of IG pursuant to it will be revoked or withdrawn from Qualifying Participants who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion or Commission Free Period at any time in case of any suspected abuse of the Promotion. For the avoidance of doubt, “abuse” includes, but is not limited to, the opening of multiple IG Markets Limited (as applicable) accounts to claim multiple Commission Free Periods. Further, where any of these Rules are breached or there is any reason to suspect a Qualifying Participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to Promotion, we reserve the right to stop or withdraw the Promotion or the Commission Free Period.
13. If at any time all or any part of any provision of these Rules are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
14. These Rules shall be governed by and construed in accordance with the laws of Victoria, Australia and shall by subject to the jurisdiction of the Victorian courts.