DISCLAIMER

Investing in securities, futures, swaps and any derivatives thereof (collectively “Financial Instruments") involves substantial risk and are not appropriate for everyone. Past performance is not indicative of future results. Any communication and/or attachment sent to you by MarketCipher Partners LLC (“MCP”) that contains market recommendations, research reports, commentary and/or other information (collectively "Market Information") regarding Financial Instruments:

• (i) is based upon information obtained from sources believed by MCP to be reliable; and
• (ii) may be based solely on the opinion of MCP.

MCP makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any Market Information furnished to you. Further, changes in market conditions may affect the Market Information provided to you by MCP. Please note that Market Information does not account for transaction costs, such as commissions, or slippage associated with Financial Instruments. Any investments made in reliance on any information contained in Market Information will result in transaction costs and may incur slippage, which will adversely affect the value of any such investments.