AUTOMATED TRADING SYSTEMS. Unauthorized automatic or semi-automatic trading systems that are installed by the customer within the browser or on his computer that require no human action to perform will be treated by us as a backdoor Application Performing Interface System and can lead to a closure of the account or to a lifting of the trade. Trades that are realized on that kind can lead to courses that would otherwise not have been and are considered by us as Over-the-Counter trading. This leads to the cancellation of trades made.
AUTOMATED TRADING SYSTEMS. 47.1 The Clients agree that trading operations using additional functions such as Expert Advisors and/or any other software (if available in the Trading Terminal) are executed completely under the Clients responsibility, as they depend directly on their trading terminal and the Company bears no responsibility whatsoever.
AUTOMATED TRADING SYSTEMS. Virtu Canada and its affiliates shall not be, directly or indirectly, responsible for the supervision, testing or functioning of any algorithmic or other automated trading systems used, operated, developed or modified by Customer. For the avoidance of doubt, Virtu Canada’s own trading algorithms are not “algorithmic trading systems” for the purposes of the preceding sentence. Customer shall ensure that its trading systems are tested prior to being engaged, are appropriately supervised, and contain appropriate built-in safety features and overrides.
AUTOMATED TRADING SYSTEMS
