2. Asset Class and Earnings

2.1 Asset class: In the context of '316 Trade', an asset class represents the specific category of goods or products available for retail sale within the platform. '316 Trade' operates within various industries, offering commodities for sale directly sourced by '316' or provided by third-party vendors. These commodities span diverse sectors, including but not limited to consumer goods, electronics, apparel, and more.

The asset class in '316 Trade' signifies the range of tangible products available for trade within the platform. Users have the opportunity to allocate capital into these specific product categories, aiming to benefit from the sales and profits generated by these retail goods across different distribution channels. It allows users assess the range of products available, diversify their trading portfolio across various commodities, and make informed decisions regarding their capital allocation based on the performance and potential returns of different product categories.

2.2 Earnings / Profits: In the context of '316 Trade,' 'earnings' refer to the financial returns or profits obtained by users through their participation in retail trading activities within the platform. These earnings are the result of successful retail sales of commodities or products facilitated by '316 Trade.'

Users generate earnings by investing capital into various products available on the platform, such as goods sourced directly by '316' or provided by third-party vendors. As these products are sold through retail channels, users receive a portion of the profits generated from these sales, reflecting their returns.

The 'earnings' within '316 Trade' represent the financial gains or returns that users receive based on the performance of the retail goods they have chosen to allocate their capital to within the platform. These earnings contribute to the overall profitability and success of the users' trading endeavours within the retail marketplace facilitated by '316 Trade.'

3. Trading Balance

3.1 Within the context of '316 Trade,' the 'Trading Balance' refers to the financial allocation or amount of capital that a user has invested or dedicated to trading activities within the platform. It represents the sum total of funds specifically earmarked for engaging in retail trade and investment operations facilitated by '316 Trade.'
This balance reflects the amount of money that users have allocated to a stock limit or the purchase various products available on the platform for resale or trading purposes. It acts as the working capital that users utilize to invest in and trade retail goods, such as commodities sourced by '316' or those offered by third-party vendors.
The 'Trading Balance' is instrumental in determining the potential returns and profits that users can generate through their retail trading activities within the '316 Trade' platform. It is the core fund from which users execute trades, and generate earnings based on the performance of the retail products they engage with on the platform.
Users generate income by investing capital into products managed by 316 or those offered by third-party vendors.

4. Market Conditions

4.1 Definition: 'Market conditions' within the context of 316 Trade refer to the prevailing factors and variables that influence the retail trading environment where users engage in buying and selling commodities. These conditions encompass a wide range of factors that impact the performance, pricing, and demand for goods traded on the platform. These conditions can include, but are not limited to:

• 4.1.1 Supply and Demand Dynamics: Fluctuations in the availability of products and the corresponding consumer demand significantly influence market conditions. Changes in supply quantities or shifts in consumer preferences can impact pricing and sales volumes.
• 4.1.2 Economic Factors: Economic indicators such as inflation rates, interest rates, employment figures, and overall economic growth affect consumer spending patterns and market stability, directly influencing trade.
• 4.1.3 Industry Trends: Trends within specific industries or sectors can influence market conditions. For instance, technological advancements or changes in consumer behaviour can lead to shifts in demand for certain products.
• 4.1.4 Competitive Landscape: The presence of competitors, both within the platform and in the wider market, affects pricing strategies, product differentiation, and market share, influencing trading dynamics.
• 4.1.5 Regulatory Changes: Alterations in trade regulations, tariffs, or government policies can impact the cost of goods, import/export procedures, and overall market stability. While we aim to provide a consistent average quarterly yield, please note that sales, profits, and other retail aspects are subject to market conditions. Adverse market conditions may affect quarterly or yearly performance.

5. Trading Rates and Balances

5.1 The rates set for the Middle Entry Plan represent our best efforts to ensure users benefit from the market. In the event of a challenging quarter, we aim to even out returns over the year.

5.2 Your trading balance is equivalent to a stock and plays a pivotal role in determining your returns quarter over quarter throughout the trading year.

6. Fees and Commissions

6.1 Definition: Fees and commissions refer to the charges and costs associated with using the 316 trading platform and engaging in retail commodity trading activities. These charges are disclosed to users and encompass various aspects:

• 6.1.1 Trading Commission: This fee, typically a percentage of the transaction amount is charged on each trade executed through the platform. It constitutes the cost incurred for facilitating the buying or selling of commodities.
• 6.1.2 Non-Trading Commission: This fee, often a small percentage, applies to non-transactional activities or services within the platform, such as account maintenance or specific administrative functions.

6.2 Current fee and commissions schedules

• Trading Commission: 0.4%
• Non-Trading Commission: 0.007%

7. Liquidation

7.1 Definition: Liquidation, refers to the process of converting the trading stock or assets held by a user on the platform into fiat currency or cash. This process occurs according to predefined conditions, including the user's notice period, which determines the estimated duration for converting assets to cash.

8. Liquidation schedule

The Liquidation Schedule provides users with a clear understanding of the timeline and procedures involved in converting their trading assets into cash, maintaining transparency and facilitating informed decision-making regarding their trading activities on the 316 Trade platform.

The Liquidation Schedule outlines the timetable or specific guidelines governing the process of liquidating assets within the platform. It includes details such as:

• 8.1 Notice Period: This stipulates the timeframe required for initiating the liquidation process, allowing users to convert their trading balance or stock holdings into cash. Users are informed about the time required before their assets can be liquidated.
• 8.2 Mode of Liquidation: It specifies the steps or procedures involved in converting the trading balance or assets (retail products or commodities) into fiat currency, ensuring a systematic and secure process.
• 8.3 Safety and Security Measures: The schedule may highlight measures undertaken to ensure the safety and security of the liquidation process with the intention of safeguarding the user's assets and funds.

9. Reports and Access to Information

9.1 Periodic reporting: Users enrolled in the 316 Trade platform receive regular and comprehensive reports detailing their trading activity. These reports encompass various aspects such as sales, profits, expenses, commissions, and overall performance on the platform.

9.2 Account information access: All information relevant to a user's trading activities, including transaction details, earnings, and commissions, is accessible through their individual 316 Trade account. This ensures transparency and allows users to track their performance and financial status.

9.3 Account Reporting: All data regarding user activities and trades is reported and securely stored within the 316 Trade platform. This information assists in creating accurate reports and maintains a record of user transactions and interactions on the platform.

10. How you access the 316 Trade platform

10.1 When you register with 316 Trade, you (or each authorized user) will choose an email or phone number and a secured password. You will also provide other security details which must be entered to log on to the 316 Trade Platform.

10.2 You must tell us as soon as possible if your mobile device has been lost or stolen or you think someone else knows your security details or can use 316 Trade by impersonating you. Until you tell us, you will be responsible for any instruction which we receive and act on, even if it was not given by you.

11. Security

11.1 We may use software and other technology to detect viruses or malicious software on the computer or device you use to access the 316 Trade Platform. If you are using a mobile device, we may also use software and other technology to determine whether your device has been altered through 'jailbreaking' or 'rooting'. If we determine that your device has been altered through 'jailbreaking' or 'rooting', or if we detect viruses or malicious software, we may suspend, restrict or block access to the 316 Trade Platform from that device.

12. When we can restrict your access to the 316 Trade Platform

12.1 We may suspend, restrict, or stop your use of the 316 Trade Platform at any time without advance warning if we reasonably think this is necessary because, for example:

• We discover you have knowingly given us false information;
• The security of the 316 Trade Platform is at risk;
• We suspect unauthorized or fraudulent use of the 316 Trade Platform;
• A device is used that we do not recognize or is used in an unusual way;
• You use the 316 Trade Platform or our services and tools in a way or for a purpose not envisaged by us;
• We have to comply with any legal or regulatory requirement;
• Any event under clause 6.3 of our Customer Agreement policy;
• You have not accessed the 316 Trade Platform for six months or more;
• You have breached this agreement, including but not limited to using the 316 Trade Platform for any Prohibited Activity or Prohibited Purpose or failing to make any payment due; or
• You fail to satisfy the compliance criteria of any of our third-party providers.

12.2 If we suspend, restrict, or stop your use of the 316 Trade Platform, you will not be able to use the Linked Services until access to the 316 Trade Platform is restored.

12.3 Where possible we will contact you before suspending, restricting, or blocking your access to tell you that we are doing so and why.

13. Our Limited Liability and Limited Functionality

13.1 Nothing in this agreement shall exclude or limit our liability for death or personal injury resulting from our negligence or the negligence of our employees, agents, or subcontractors and for fraud or fraudulent misrepresentation and for any other liability that cannot be excluded by law.

13.2 To the extent permitted by law, all conditions or warranties implied by law, statute, or otherwise are expressly excluded.

13.3 You can usually use the 316 Trade Platform at all times but we won’t be liable if you suffer any loss or damage if it is unavailable or does not function properly because of:

• Scheduled and emergency repairs, updates, or maintenance;
• The failure of data processing systems; or
• Events, circumstances, or causes beyond our reasonable control.

14. Changing These Terms

14.1 We may ask you to agree to changes to these terms and conditions or to the services we provide, for example software updates or improvements in functionality, on the 316 Trade Platform through the 316 Trade website or 316 Trade app.

14.2 We can also change any of these terms and conditions, including introducing or changing charges, provided we give you at least 90 calendar days’ notice in advance. The new terms will apply automatically at the end of the notice period, but if you do not want to agree to the change