Common use of Abusive Trading Clause in Contracts

Abusive Trading. If the Company reasonably suspects that the Client performed abusive trading such as, but not limited to, pip-hunting, scalping, arbitrage, manipulations or a combination of faster/slower feeds, it may, at its absolute discretion, at any time and without prior Written Notice, take one or more of the following actions: a. Terminate this Agreement immediately without prior notice to the Client; b. Cancel any Open Positions; c. Temporarily or permanently bar access to the Trading Platform or suspend or prohibit any functions of the Trading Platform; d. Reject or Decline or refuse to transmit or execute any Order of the Client; e. Restrict the Client’s trading activity; f. In the case of fraud, reverse the funds back to real owner or according to the instructions of the law enforcement authorities of the relevant country; g. Cancel or reverse of profits gained through abusive trading or the application of artificial intelligence in the Client Account; h. Take legal action for any losses suffered by the Company.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Abusive Trading. If the Company reasonably suspects that the Client performed abusive trading such as, but not limited to, pip-hunting, scalping, arbitrage, manipulations or a combination of faster/slower feeds, it may, at its absolute discretion, at any time and without prior Written Notice, take one or more of the following actions: a. a) Terminate this Agreement immediately without prior notice to the Client; b. b) Cancel any Open Positions; c. c) Temporarily or permanently bar access to the Trading Platform or suspend or prohibit any functions of the Trading Platform; d. d) Reject or Decline or refuse to transmit or execute any Order of the Client; e. e) Restrict the Client’s trading activity; f. f) In the case of fraud, reverse the funds back to real owner or according to the instructions of the law enforcement authorities of the relevant country; g. g) Cancel or reverse of profits gained through abusive trading or the application of artificial intelligence in the Client Account;. h. h) Take legal action for any losses suffered by the Company.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Abusive Trading. If the Company reasonably suspects that the Client performed abusive trading such as, but not limited to, pip-pip- hunting, scalping, arbitrage, manipulations or a combination of faster/slower feeds, it may, at its absolute discretion, at any time and without prior Written Notice, take one or more of the following actions: a. Terminate this Agreement immediately without prior notice to the Client; b. Cancel any Open Positions; c. Temporarily or permanently bar access to the Trading Platform or suspend or prohibit any functions of the Trading Platform; d. Reject or Decline or refuse to transmit or execute any Order of the Client; e. Restrict the Client’s trading activity; f. In the case of fraud, reverse the funds back to real owner or according to the instructions of the law enforcement authorities of the relevant country; g. Cancel or reverse of profits gained through abusive trading or the application of artificial intelligence in the Client Account; h. Take legal action for any losses suffered by the Company.

Appears in 1 contract

Samples: Client Agreement

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