Market Makers of Bulletin Board securities are unable to use electronic means to interact with other dealers to execute trades. They must manually interact with the market, i.e. use standard phone lines to communicate with other dealers to execute trades. This can and does cause delays in the time it takes to interact with the market place. This coupled with the recent increase in volume has led to wide price fluctuations in Bulletin Board securities, and lengthy delays in execution times as well as the reporting of execution times. Clients should use caution when placing market orders and understand the risks associated with trading in Bulletin Board securities.
All securities trading involves risk.
However, trading in certain securities may involve greater risk than others. Such is the case with trading Bulletin Board securities. Risks associated with trading Bulletin Board securities include, but may not be limited to those listed below. This list is not represented as a complete listing of all the risks associated with trading Bulletin Board securities. We encourage you to seek out other independent information concerning this method of trading prior to making a final decision as to whether or not trading Bulletin Board securities is suitable for you.