This website is issued in the U.K. by the London Branch of Societe Generale. Societe Generale is a French credit institution (bank) authorised and supervised by the European Central Bank (ECB) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) (the French Prudential Control and Resolution Authority) and regulated by the Autorité des marchés financiers (the French financial markets regulator) (AMF). Societe Generale, London Branch is authorised by the ECB, the ACPR and the Prudential Regulation Authority (PRA) and subject to limited regulation by the Financial Conduct Authority (FCA) and the PRA. Details about the extent of our authorisation, supervision and regulation by the above mentioned authorities are available from us on request.
This website is published and hosted by Societe Generale:
Société Anonyme with a capital stock of EUR 1,009,897,173.75 as of December 11, 2017
Paris Trade Register No. 552 120 222
APE number.: 651C
Registered Office: 29 Boulevard Haussmann 75009 Paris, France
VAT number: FR 27 552 120 222
Legal Representative: Mr Frédéric OUDÉA, Chief Executive Officer
Publication Manager: Mrs. Caroline GUILLAUMIN
Editorial Manager: Anthony DIEBRA, Daniel NEEDHAM
This website is maintained: Societe Generale, 10 Bishops Square, London, E16 EG, United Kingdom
This website is governed by French law, except to the extent where its content refers to financial services provided in United Kingdom in which case the law of United Kingdom shall apply.
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Societe Generale, any other entity member of the Group Societe Generale and any third party contributor (the “Contributors”) shall make their best efforts to ensure that the information displayed on this website is accurate and up-to-date; Societe Generale and the Contributors reserve their right to amend the content of this website at any time, without prior notice. However, they are not able to guarantee that the information herein is complete or that it will not be modified by a third party (for example in the event that this website was infected by, particularly but not limited to, any kind of malware, in spite of all the precautions taken by Societe Generale).
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Information about Financial Instruments
The information about financial instruments referred to in this website do not constitute on the part of Societe Generale either an offer to purchase, sell or subscribe financial products or services (including banking and insurance products), or a solicitation of an offer to buy or sell.
SOCIETE GENERALE AND THE CONTRIBUTORS HEREBY DISCLAIM ANY AND ALL LIABILITY RELATED TO THE ACCURACY, COMPLETENESS OR ADEQUACY OF THE INFORMATION DRAWN FROM EXTERNAL SOURCES, ALTHOUGH THIS INFORMATION COMES FROM SOURCES DEEMED RELIABLE.
When simulated past performance or past performance are presented, the relevant data pertaining to past periods are not a reliable indicator of future results. This applies even to the evolution of historical market data. When simulations of future performance are presented, the data for these performances are only predictions and are not a reliable indicator of future performance of the product. In addition, when past performance or simulated past performance are based on data expressed in a currency other than that of the jurisdiction of the investor, the potential gains can increase or decrease based on changes exchange rate. Finally, when past performance or simulated performance (whether past or future) are presented, any gains can also be reduced by the effect of commissions, fees or other charges incurred by the investor.
Should you wish to obtain any of the products or services displayed herein, please contact Societe Generale to obtain information on the availability, contractual terms, conditions and prices.
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Without prejudice to the legal and regulatory requirements of Societe Generale, investors must implement before investing in the product or entering into any transaction relating thereto, their own analysis of the product and its risks, particularly in terms of legal, tax and accounting, without relying solely on information supplied to them ; investors should consult, as deemed necessary, their own advisers on the matter or any other professional.
SUBJECT TO COMPLIANCE WITH LEGAL OR REGULATORY REQUIREMENTS, SOCIETE GENERALE WILL NOT BE HELD LIABLE FOR FINANCIAL CONSEQUENCES OR ANY NATURE WHATSOEVER ARISING FROM ANY TRANSACTION RELATING TO THE PRODUCT OR INVESTMENT IN THE PRODUCT.
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This website is issued in the U.K. by the London Branch of Societe Generale. Societe Generale is a French credit institution (bank) that is supervised by the European Central Bank (‘ECB’) and the Autorité de Contrôle Prudentiel et de Résolution (the French Prudential Control and Resolution Authority) (‘ACPR’). This document is issued in the U.K. by the London Branch of Societe Generale, authorised by the ECB, the ACPR and Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request. Although information contained herein is from sources believed to be reliable, Societe Generale makes no representation or warranty regarding the accuracy of any information. Any reproduction, disclosure or dissemination of these materials is prohibited. This site is maintained by Societe Generale, 10 Bishops Square, London E1 6EG. The products described on this website are suitable for professional clients and sophisticated retail clients in the UK. Investors' capital is at risk. Investors should not deal in these products unless they understand their nature and the extent of their exposure to risk. The value of the products can go down as well as up and can be subject to volatility due to factors such as price changes in the underlying instrument and interest rates. Prior to any investment in these products, you should make your own appraisal of the risks from a financial, legal and tax perspective, without relying exclusively on the information provided by us, both in this website and the products' Final Terms which are available on the website. We recommend that you consult your independent professional advisors. Investors should note that holdings in these products will not be covered by the provisions of the Financial Services Compensation Scheme, nor by any similar scheme. The securities can be neither offered in nor transferred to the United States. Any statement in relation to tax, where made, is generic and non-exhaustive and is based on our understanding of the laws and practice in force as of the date of this document and is subject to any changes in law and practice and the interpretation and application thereof, which changes could be made with retroactive effect. Any such statement must not be construed as tax advice and must not be relied upon. The tax treatment of investments will, inter alia, depend on an individual's circumstances. Investors must consult with an appropriate professional tax adviser to ascertain for themselves the taxation consequences of acquiring, holding and/or disposing of any investments mentioned in this website.
Throughout this website, the icons set out below are used to draw your attention to important risk warnings and information that you must read in connection with the information being provided on our products. Please familiarise yourself with these icons and ensure that you hover your cursor over these icons as you navigate through the website. This will help to ensure that you are aware of any relevant risk warnings and/or information that you should know in order to understand how the information on our products is presented. Information - Displays how to use a specific function of the website Risk Warning - Describes the risks that investors take on when investing in this product Suitability/Audience - Informs visitors to the website who the products are suitable for Tax Treatment - States what investors must understand with regards to Tax.
The products described within this website are not suitable for everyone. Investors' capital is at risk. You should not deal in these products unless you understand their nature and the extent of their exposure to risk. The value of the product can go down as well as up and can be subject to volatility due to a range of factors which include price changes in the underlying instrument and interest rates. This disclaimer cannot disclose all the risks and other significant aspects of the products. You should study the risk factors attaching to these products that are disclosed below and throughout this website.
We recommend that you consult an appropriately qualified financial advisor prior to considering any investment in a product described on this website.
Securitised derivatives are classified as complex financial products and therefore prior to trading these products with your Broker they will be required to assess whether you have necessary knowledge and experience in order to understand the risks involved in dealing in these products. https://www.handbook.fca.org.uk/handbook/COBS/10
The purpose of the suitability test is to ensure that the products and services offered meet the client's investment objectives. In addition, it ensures that the client shall be able financially to bear the risks of the investment (including any relevant loss of capital) and that the client has the necessary experience and knowledge to understand these risks. When providing personal recommendations in relation to Securitised Derivatives your advisor must have undertaken a suitability test and must only recommend products and services that are in accordance with the results of the suitability test.
Please note that we do not provide investment advice: https://www.handbook.fca.org.uk/handbook/COBS/9/
The products on this website are issued by Societe Generale, SG Issuer or Societe Generale Effekten GmbH, each a member of the Societe Generale group of companies. The identity of the issuer of any product will be indicated on the product page on this website.
Any failure of the relevant Societe Generale group issuer to perform obligations when due may result in the loss of all or part of an investment.
SG Option Europe, Societe Generale or any affiliate thereof is the only market maker of the products. Under normal conditions SG Option Europe, Societe Generale or any affiliate will endeavour to provide a market-making service, which involves giving the right market value and ensuring liquidity, both when buying and selling a financial product under specific conditions. Such arrangements may be temporarily or indefinitely curtailed as a result of technical problems within companies of the Societe Generale group or the London Stock Exchange or data vendors or telecommunications carriers, or in the event of pending announcements by or difficulties in procuring information on underlying companies. We are committed to ensure our product prices are always broadcast, however due to factors often out of our control e.g. technical issues with providers' feeds, there may be occasions whereby our products' prices are not broadcast. In such events, we will always endeavour to do whatever is in our power to resolve these issues promptly.
As a result of this secondary market risk, you may find it difficult or impossible in certain extreme circumstances to sell the relevant product or may be offered a price that is significantly less than you paid for it.
Leveraged returns are a major advantage of Short & Long Leveraged Exchange Traded Products but can also work against investors. Investors in Short & Long Leveraged Exchange Traded Products should be aware that, if the underlying instrument to the product moves in the opposite direction to that anticipated by investors, the losses incurred by the product will be greater in percentage terms than those incurred by the underlying itself. The prices of Short & Long Leveraged Exchange Traded Products can therefore be volatile. Short & Long Leveraged Exchange Traded Products have a limited life, as denoted by the expiry date of each issue. After this date, the products can no longer be traded or exercised. As the product is reset on a daily basis, your capital could erode very quickly following a continued succession of positive or negative performance of the underlying asset. Investors who wish to hold their position overnight will pay a commission in the same way as they would with a fund.
As a result of corporate actions such as rights issues, share splits, share buy backs and take over and mergers, strike levels of the products may be adjusted to reflect such activity. The reason for this is to ensure that investors in the products are not disadvantaged or gain undue benefit by equity adjustments. When such a change takes place, if you require any further information please do not hesitate to contact us. Further information regarding the calculation of the changes can be supplied upon request.
Any third-party advertising, information and referral buttons containing hyperlinks are not recommendations or endorsements by Societe Generale or its respective directors, affiliates or employees. The user is referred to the relevant third party for all relevant information, including complete information on that entity's investment adviser or dealer licensing status (if applicable). All reasonable care has been taken by Societe Generale to ensure that all statements of fact and opinion contained in the materials provided by a third party are fair, clear and not misleading. Nevertheless, Societe Generale makes no representation or warranty regarding the accuracy of any third party information and is not responsible for third party content in any way.
This site is intended for investors who intend to trade in Short & Long Leveraged Exchange Traded Products in the United Kingdom. It is not provided to any person who is a resident of any other country. Investors should note that holdings in this product will not be covered by the provisions of the Financial Services Compensation Scheme, or by any similar scheme in in France for Societe Generale or in Germany for Societe Generale Effekten GmbH or in Luxembourg for SG Issuer. In particular, the investments can be neither offered nor transferred in the United States.
Nothing in this website constitutes advice on the merits of buying, or selling a particular investment or exercising any right conferred by the products described. Societe Generale does not offer investment advice in respect of these products.
The information in this website is, to Societe Generale's knowledge, reliable and accurate but this cannot be guaranteed. The views of Societe Generale reflected in this website may change without notice. Figures included in this website take no account of personal tax liability. No investment decision should be taken without reading the Final Terms relating to the particular product concerned. A copy of the Final Terms of each relevant product may be obtained from Societe Generale at 10 Bishops Square, London E1 6EG upon request.
Societe Generale or its affiliates may from time to time have a position, or material interest in the products described in this website or the investments underlying them. Generally SG Option Europe, Societe Generale or any affiliate thereof will be the only market maker in the products discussed and will or may have provided significant advice in relation to such products and the investments underlying them.
The name, logo and trademarks of Societe Generale and its affiliates are reproduced by permission of Societe Generale. Where a product is based on an index, the index provider will have no liability to you in respect of its activities in respect of that index.
This risk warning is available to view at all times via a link at the top of each page. It will not appear each time you will access this website in future. However, you should refer to it periodically to remain familiar with the relevant risks associated with the products.
Any statement in relation to tax, where made, is generic and non-exhaustive and is based on our understanding of the laws and practice in force as of the date of this document and is subject to any changes in law and practice and the interpretation and application thereof, which changes could be made with retroactive effect. Any such statement must not be construed as tax advice and must not be relied upon. The tax treatment of investments will, inter alia, depend on an individual's circumstances. Investors must consult with an appropriate professional tax adviser to ascertain for themselves the taxation consequences of acquiring, holding and/or disposing of any investments mentioned on this website.
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