What is a SCARP?
It stands for Structured Capital at Risk Product. It is a financial product that provides an agreed level of income or growth over a specified period but also exposes the customer to a range of outcomes in relation to the return on the initial capital. The amount of capital returned is generally dependant on the performance of an index or other factor, and in some circumstances may result in the loss of some or all of the initial capital.
Before trading you should fully understand the nature of Structured Capital at Risk Products and the extent of their exposure to risk, indicating your understanding.