What could go wrong

1. 1A failure, cyberattack or disruption affecting the company’s software, networks or outside service providers could interrupt customer access, trading or account records; the company says its systems are not fully redundant.
2. 2Trading activity and interest rates can change, affecting commission revenue and net interest income; market disruptions can also expose the company to losses from trade clearing and its remaining market-making activities.
3. 3Changes in financial rules or regulatory action across the countries where it operates could raise compliance costs, restrict existing services or delay new products. Rules for cryptocurrency and prediction-market contracts may also affect whether those products can be offered.