(1) Subject to paragraphs (2) and (3), regulation 9 does not confer on a consumer a right to cancel a distance contract which is -

(a) a contract for a financial service where the price of that service depends on fluctuations in the financial market outside the supplier's control, which may occur during the cancellation period, such as services related to -

(i) foreign exchange,

(ii) money market instruments,

(iii) transferable securities,

(iv) units in collective investment undertakings,

(v) financial-futures contracts, including equivalent cash-settled instruments,

(vi) forward interest-rate agreements,

(vii) interest-rate, currency and equity swaps,

(viii) options to acquire or dispose of any instruments referred to in sub-paragraphs (i) to (vii), including cash-settled instruments and options on currency and on interest rates;

(b) a contract whose performance has been fully completed by both parties at the consumer's express request before the consumer gives notice of cancellation;