OFFICIAL ENTRY AGREEMENT

The undersigned wishes to compete in the 2022 World Cup Championship of Futures Trading® sponsored by World Cup Advisor® (“Sponsor”) and has completed an Account Application to open a futures trading account with a broker authorized by the sponsor. An authorized broker (“Authorized Broker”) is any broker who introduces a World Cup Trading Championship futures account to Straits Financial or another Futures Commission Merchant that may be designated by Sponsor before or during the competition. If accepted, it is agreed that the undersigned and his or her Account Manager, if any (collectively referred to herein as “Entrant”), shall be entitled to participate in the 2022 World Cup Championship of Futures Trading (“The Championship”) subject to the following conditions:

1. CHAMPIONSHIP TRADING ACCOUNT

Entrant agrees to deposit a minimum of $10,000 US, per entry, in a futures trading account satisfactory to Authorized Broker. Trading may not commence until the account is funded to the full minimum. Additional funds may be deposited at any time, including to meet a margin call as specified in paragraph 6, and will be added to the initial deposit to calculate Total Funds Deposited. Funds may be withdrawn from the account at any time, however, the ledger balance will remain the same for purposes of performance calculations; Withdrawn funds that are re-deposited will not be added to the initial deposit to calculate Total Funds Deposited, unless they exceed the total amount withdrawn. Accordingly, Entrant should consider depositing more than the minimum if Entrant’s selected markets or trading style could require additional margin. In order to demonstrate track records for individual strategies, entrant may open more than one account at the beginning of the Championship or at any time during the Championship Period. Each account must be separately funded and margined. The same Account Application may be used to establish multiple accounts at an Authorized Broker. Only the best performing account will be used for ranking purposes.

2. CHAMPIONSHIP  PERIOD

Entrant agrees to begin trading on or after January 1, 2022. The Championship trading period will end as of the close of business on December 31, 2022, subject to paragraph 12. Open positions need not be liquidated for purposes of determining winners of the Championship.

3. PARTICIPATION AND CHAMPIONSHIP AWARDS

The top three profitable finishers will receive Championship Awards. Awards may be provided by third parties and are subject to availability and change without notice. The top profitable Entrant shall receive a coveted, personalized pewter Bull & Bear Trophy, and the second- and third- place finishers shall each receive a personalized crystal Bull & Bear trophy. In consideration of participation in the Championship, Entrant irrevocably authorizes Sponsor, in its sole discretion, to obtain and print, publish, televise or otherwise utilize his, her or their names, photographs, account statements, and descriptions of World Cup participation in connection with this or future Championships and with other promotions deemed appropriate by the sponsor. Sponsor may compensate Entrant at their discretion.

4. REPRESENTATIONS OF ENTRANT AND ACCOUNT MANAGER

The Entrant represents that he or she and his or her Account Manager (if applicable) are of legal age in the jurisdiction in which they reside and that neither of them nor any member of their household nor any of their partners or shareholders is related to principals or employees of the Sponsor or Authorized Brokers. Each represents that the Account Manager is properly licensed (if required by law or regulation) or otherwise exempt from registration. Entrant’s account shall be self-directed unless the Account Manager also signs a Power of Attorney and is a party to this agreement.

5. CHAMPIONSHIP TRADING REGULATIONS

All trading shall be conducted in accordance with a separately executed Customer Agreement at an Authorized Broker. Entrant agrees to the following Championship rules and regulations, which may limit those set forth in the Customer Agreement. The purpose of the Championship rules is to ensure that every Entrant will have the same opportunity for success. Sponsor reserves the right to amend, waive, or interpret any rule if, in their sole discretion, to do so would be in the best interests of the Championship. a. Trading in the Championship will be limited to listed futures contracts and options thereon on any exchange available through Authorized Brokers and approved by Sponsor. Trading of naked short options is prohibited and may result in disqualification. b. Entrant has the option at any time to withdraw from the Championship and either continue to trade pursuant to the terms of the Customer Agreement or cease trading. c. Entrant agrees to place all orders through Authorized Brokers’ online order entry platform or telephone order desk. Entrant agrees to call the desk only when placing or changing orders. d. Authorized Broker is not obligated to give Entrant any advice or market information except the last price traded and the margin requirements for existing or contemplated positions. Authorized Broker, in its sole discretion, may terminate the participation of any Entrant for Entrant’s failure to enter orders in a timely, consistent and professional manner. e. Entrant agrees to liquidate all open positions maturing in a current futures month at least one day prior to first notice day for long positions and five days prior to the last trading for short positions. Authorized Broker may in its discretion effect such liquidation if Entrant has not given liquidating orders by the second day prior to the first notice day in the case of a long position or by the sixth day before the last trading day in the case of a short position. Options must be exercised in accordance with the procedures set forth in the Customer Agreement. f. Accounts will be charged brokerage commissions of $5.00 per contract side ($1.00 for Micros) for futures trades and $6.50 per contract side ($1.25 for Micros) charged on entry for futures options trades, plus exchange, NFA, trade processing, transaction, and (when applicable) open outcry execution fees. Orders placed by phone will be charged an additional $5 per contract side for futures and futures options trades. Competitors wishing to place orders by phone must complete an Order Desk Access form and obtain written authorization. g. In the event of errors in order entry or execution, the determination of Sponsor and Authorized Broker shall be final with regard to Championship standings. h. Trading must be conducted in Entrant’s Championship account(s). A minimum of ten (10) round-turn trades of any contract number, per account, must be placed during the Championship Period in order for Entrant to qualify for a Championship Award for that account. Any multiple-contract trade that is offset by a group of smaller quantities in clearing shall be considered to be a single trade for purposes of meeting the ten (10) round-turn trade minimum. Option positions shall be considered round-turns upon liquidation, expiration or assignment. i. Each Entrant agrees that Sponsor has the right to remove or bar any Entrant from the Championship, who, in their sole judgment, would tend to dishonor the Championship, has violated any rule, law, or regulation pertaining to futures trading or who has attempted to benefit from any collusive or other trading irregularity. Sponsor shall have the same right to remove or bar Account Managers. j. Entrant gives permission to Authorized Broker to provide Sponsor with the ability to view activity in Entrant’s account(s) for the purpose of monitoring Championship performance. k. Entry in the Championship is void where prohibited by law. Winners will be responsible for any taxation on awards.

6. MARGIN CALLS AND LIQUIDATION OF POSITIONS

Initial margin for new positions and maintenance margin for existing positions must be maintained in accordance with Authorized Broker’s requirements, which may be adjusted from time to time without prior notice. Entrants may deposit additional funds for any reason, including to meet a margin call. Additional funds deposited will not be added to the initial deposit to calculate Total Funds Deposited unless they exceed the total amount withdrawn. Entrants, with Authorized Broker’s consent, may liquidate positions in order to meet a margin call. Championship accounts may not be cross-margined by other accounts owned by the entrant.

7. PARTICIPATION TERMINATION

It is understood that if the total equity in an Entrant’s account at any time falls below $2,500, Authorized Broker may in its sole discretion liquidate any and all open positions and suspend further trading. A new account may be established with new funds at any time. Authorized Broker may liquidate all open positions and prohibit further trading for the rest of the day in the event that an account’s total equity falls 50% from the total equity that existed at the start of the trading day. In such circumstances, the account may resume trading in The Competition the following day.

8. AUTO LIQUIDATION ACKNOWLEDGMENT

In the event that Customer’s account liquidating value equals or is less than $2,500, or if Authorized Broker, for any reason whatsoever, deems itself insecure or if necessary for Authorized Broker’s protection, then Authorized Broker may auto liquidate any or all of the open positions in the account. The auto liquidation function will send liquidating (closing) market orders to the exchange, resulting in the closing of any or all open positions for Customer’s account. Customer acknowledges and agrees to his/her account being auto-liquidated at the current market price. If, for any reason, positions are unable to be liquidated, Customer remains liable for the positions and for adverse market movements affecting the account. Further, Customer is responsible to pay any debit balance that may result from the account being auto-liquidated. a. Risks of Auto Liquidation: Authorized Broker may liquidate an account without prior notice to Customer. This is especially the case in auto liquidation. There are several risk factors associated with auto liquidation. For instance, an account could be automatically liquidated if the wrong market data was received from the exchanges. Authorized Broker is not responsible for wrong data it receives from exchanges or for late, lost, mis-directed, mis-delivered, incomplete, illegible or unintelligible orders; unavailable network connections; failed, incomplete, garbled or delayed computer transmissions; keypunch errors; online failure or other technical malfunctions or disturbances. If the account value changes overnight, the account could be auto-liquidated upon the next market open. Market volatility could cause an account to be auto-liquidated on short or relatively no notice to Customer. All other risks associated with trading are present even though Authorized Broker may exercise its rights to auto- liquidate. b. Release and Indemnification: Customer releases Authorized Broker from any liability for losses suffered by Customer as a result of auto liquidation. Customer agrees to indemnify, defend and hold harmless Authorized Broker and its affiliates, and their respective officers, directors, managers, members, employees and agents in accordance with the terms of the Customer Agreement between Customer and Authorized Broker. Customer understands the foregoing and agrees to be bound by the terms of this Acknowledgment.

9. TOP TRADERS DETERMINATION

The top traders for trophies as specified in paragraph 3 will be determined on the basis of net return. All futures and options positions will be marked to the market on the close of business on December 31, 2022 in order to determine each account’s “Ending Equity.” For the purposes of The Championship results, Ending Equity will be ledger balance plus any cash withdrawals, plus or minus open equity, minus commissions due for liquidating any open positions. The Entrants with Ending Equity that show the highest percentage increase over Total Funds Deposited will be the winners. Percentage increase for trophies will be calculated by taking the Ending Equity on December 31, 2022 minus Total Funds Deposited and dividing by Total Funds Deposited. Only profitable entrants will qualify for trophies.

10. USE OF CHAMPIONSHIP FOR PROMOTIONAL PURPOSES

The World Cup Trading Championships® and World Cup Advisor® are registered trademarks. Entrant shall not and agrees not to, either alone or in concert with others, use the Championship or his or her participation in the Championship for promotional purposes unless approved in advance in writing by Sponsor. If Entrant violates this provision, Entrant may be disqualified from competing in the Championship or future Championships at Sponsor’s sole discretion. If found by Sponsor to be in violation, Entrant agrees to pay all legal fees and damages incurred by Sponsor to enforce this provision, and, if applicable, return to Sponsor any award(s) received as liquidated damages.

11. COMMUNICATION  DELAYS

Authorized Brokers shall not be responsible for any delays in the acceptance or transmission of orders due to a breakdown or failure of transmission, computer (hardware, software or interfaces) or communication facilities, or for any other cause beyond their reasonable control or anticipation.

12. INDEMNIFICATION

Entrant agrees to indemnify Sponsor and Authorized Brokers and hold them harmless from and against any and all liabilities, losses, damages, costs and expenses, including attorney’s fees, incurred by any of them resulting from: misrepresentations, breach of any provision of this agreement, the trading in Entrant’s account(s), or legal action brought by Entrant and adjudicated in favor of Sponsor and Authorized Brokers.

13. POSTPONEMENT, CANCELLATION AND ACCEPTANCE

Sponsor reserves the right to modify the length of the trading period, to postpone the starting date or to cancel the Championship if, in their sole discretion, they determine that such action is reasonable or necessary. This agreement shall not be deemed accepted until approved by Sponsor. Sponsor and Authorized Brokers, in their sole discretion, may reject any Entrant’s application for any reason and return it together with all funds submitted.

14. JURISDICTION

This Agreement shall be governed, construed and enforced in accordance with the laws of the State of Illinois and any cases, claims, and controversies, based upon or arising out of this agreement, shall be adjudicated only by an Illinois state court located in Cook County, Illinois or a Federal District Court for the Northern District of Illinois, and Entrant consents to the jurisdiction and venue of such courts in any such proceeding.

Rev 10/2021

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Privacy Policy

WorldCupChampionships.com (WCC) is committed to protecting your privacy. The information we collect from you comes primarily from requests for more information and includes contact information. It is necessary for us to obtain this information in order to fulfill requests for more information and to provide you with email notification services.  Although we provide secure areas on our site for you to enter your information, you may provide required information over the telephone or via email if you prefer. We maintain physical, electronic, and procedural safeguards to maintain the confidentiality of your information, and use reasonable security methods to protect the data that resides on our servers.

 

Access to information about you is provided only to entities affiliated with WorldCupChampionships.com and to those employees and authorized agents who need to know that information in order to provide requested products and services to you. We will not disclose your personal information to any other source, except when authorized by you or when we believe in good faith that we are required to do so by law or in order to protect our rights or property.

 

We may also disclose your personal information to third parties in the normal course of business, including but not limited to: (i) payment networks, and the members of such networks; (ii) electronic funds transfer networks; (iii) clearing and settlement banks; (iv) service companies that perform business operations for WCC, including but not limited to account statement preparation and mailing services; (v) courts, independent auditors, law enforcement agencies and other governmental authorities, regulatory bodies or agencies in response to subpoenas, to prevent fraud, during the course of an audit or examination or as required by law; and (vi) collection agencies, credit reporting agencies, business credit bureaus or other parties associated in collecting any debt owed to us.

 

Service companies also are prohibited from using personal information for any reason other than to provide the specific products or services intended. WCC reserves the right to transfer personal information in connection with the sale of all or part of its business or assets.

 

We use cookies (small data files containing information) to improve the functionality of our web site and enhance the member experience. The usage information we compile assists us in maintaining and improving our site.

 

WCC limits the collection of data to that which is necessary, and will only use personal data for the legitimate purpose for which the personal data is collected. Upon request, WCC will delete or transfer any personal data with consideration to regulatory restrictions and/or requirements imposed by the NFA (National Futures Association), CFTC (Commodity Futures Trading Commission), FINRA (Financial Industry Regulatory Authority) or other governing bodies and regulatory agencies.

 

All data processing is for a legitimate purpose. For regulatory purposes, WCC retains certain information pertaining to persons who access our system. WCC collects information in order to provide requested information about our services, which primarily includes only name, email address and telephone number. In certain cases we may collect other data used to send customized offers based on information you provide regarding your interests.

 

Periodically, we may invite you to participate in various promotions and offers offered by WorldCupChampionships.com or other sponsoring organizations. Your participation may require us to gather and share your personal information or may require you to provide personal information to the promotion sponsor. Participation in such programs will always be your choice.

 

We are not responsible for the privacy policies or the content of sites we link to and have no control over the use or protection of information provided by you or collected by those sites. Whenever you elect to link to another web site, you may be asked to provide registration or other personal information. Remember, the information you are providing is going to a third party, and you should familiarize yourself with the privacy policy provided by that third party.

 

DATA RETENTION

Information collected may be retained for a period of five (5) years or more, depending on whether the information is transactional, marketing related or falls under requirements set forth by regulatory or government bodies including, but not limited to, the NFA, CFTC, or FINRA.

 

ACCESS TO DATA

Designated personnel have access to personal data stored by WCC. Additionally relevant client designated administrators may be granted access to personal data pertaining to the client’s employees. In some cases third-party vendors of WCC  (such as IT consultants) may need to access this data, however in all cases they will be required to comply with internal WCC Information Security Policies and Procedures.  You have the right to receive from WCC confirmation on whether your personal data has been processed or whether WCC holds your personal data.  Upon request, WCC will provide you with the personal data that WCC has regarding you.

 

RIGHTS AND MODIFICATIONS

WCC respects your rights as a data subject.

 

Transparency, information, and answers to requests: WCC adheres to the principle of transparency in processing.  For any questions regarding this policy, you may contact us at  [email protected] We will respond without undue delay and in any case within one week upon receipt of the request.

 

Access: You have the right to receive from WCC confirmation on whether your personal data has been processed or whether WCC holds your personal data.  Upon request, WCC will provide you with the personal data that WCC has regarding you.

 

Rectification: You have the right to require the rectification of inaccurate data relating to you without undue delay, as well as incomplete data if necessary for processing.

 

Erasure: You have the right to ask for the erasure of personal data concerning you without undue delay.  WCC will not proceed with the erasure of personal data if the data must be maintained for a legal obligation or in cases where the processing is required for the establishment, exercise or defense of legal claims.

 

Restriction of Processing: You have the right to request a restriction of processing if the accuracy of personal data is disputed, for that period of time that allows WCC to verify the accuracy of personal data or based on any other legitimate reason specified in applicable Data Protection Laws.

 

Data Portability: If technically feasible, you have the right to receive your personal data in a structured, commonly used and machine-readable fashion as well as the right to request the direct transmission of personal data by WCC to another party.

 

Right to Object: If you receive promotional emails, you can remove yourself from the recipient’s list by selecting the “unsubscribe” link within the email content.

 

Complaint to Supervisory Authority: You have the right to lodge a complaint with a supervisory authority, in particular in the country of your habitual residence, place of work or place of the alleged infringement if you consider that the processing of your personal data infringes Data Privacy Laws.

We may amend this privacy statement at any time, and will post the amended version on our website www.worldcupchampionships.com.

 

YOUR CONSENT

Your choice to use our website, enter our trading competitions, and/or to allow the downloading of cookies via your browser constitutes consent to this policy and consent to the use of your information as described.

 

GDPR COMPLIANCE

Our GDPR Compliance Statement is incorporated into this Privacy Policy.

Besides strengthening and standardizing user data privacy across the EU nations, GDPR imposes new or additional obligations on all organizations that handle EU citizens’ personal data, regardless of where the organizations themselves are located.

 

You have complete control over the emails you receive from us. WCC provides various notifications via email, including service-related communications, account-related notifications, informational messages, and other updates through a third-party provider. Subscribers may discontinue email communications by responding with “unsubscribe” in the subject line or clicking on the unsubscribe link in email communications.

 

It is your responsibility to maintain the accuracy and completeness of your account information.  You may also contact us at [email protected] or call us at 877-456-7111 to inquire about or update your account information.