![]() Unless we or our agent informs you otherwise in the confirmation of sale, Transactions in any securities after their initial sale. Or another of its affiliates or agents may use the pricing supplement to which to this free writing prospectus relates in market-making ![]() To other registered broker-dealers or will offer the securities directly to investors. will purchase the securities from us for distribution ![]() Of ours, as the agent for the sale of the securities. We have appointed HSBC Securities (USA) Inc., an affiliate Any representation to the contrary is a criminal offense. Upon the accuracy or the adequacy of this document, the accompanying underlying supplement, product supplement, prospectus or prospectus These securities will not bear interest.Ĭommission ( the “SEC”) nor any state securities commission has approved or disapproved of the securities or passed securitiesĮxchange or automated quotation system. (each a “security” and collectively the “securities") offered hereunder will not be listed on any U.S. Protection from the first 10% of any losses in the reference asset, subject to the credit risk of HSBC USA Inc. Minimum payment at maturity if the return is zero or positive, subject to the credit risk of HSBC USA Inc. Uncapped participation in gains of the reference asset 3 dated Octoberīuffered Performance Plus Securities linked to the S&P 500 ® Index
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