Common use of Client Protection Clause in Contracts

Client Protection. 3.9.1 In order to provide Clients with protection against the potential adverse consequences of certain events i.e. when the market is highly volatile the Company might take any or all of the following steps, including but not limited to: 3.9.1.1 Restrict the opening of Orders; 3.9.1.2 Decrease/Increase leverage; 3.9.1.3 Widen/Narrow Spreads; 3.9.1.4 Decrease/Increase Margin Requirements; 3.9.1.5 Volume Restrictions; 3.9.1.6 Reverse trades caused by extreme volatility. These extreme volatility moves are viewed as any move equal to or more than 100 point on market opening of any instrument in either direction of any given instrument and/or exchange; 3.9.1.7 If the source of data from which the company receives feed is either corrupt, delayed or any software failure; and 3.9.1.8 Or in extreme market volatility is presumed to cause negative effects any client funds. 3.9.2 The Company shall inform the Clients of the actions taken during major events which can cause the market to be highly volatile; the Company shall do so via email to the Client’s registered email address provided by the Client during the Back-Office registration with the Company and through the Company’s website under section ‘News’. 3.9.3 Under certain market conditions, i.e. during unexpected and unforeseeable events, the price of any financial instrument might be affected making it impossible for the Company to execute any type of order at the declared price. In such circumstances, the ability to execute o r d e r s on a timely basis will become the primary factor.

Client Protection. 3.9.1 In order to provide Clients with protection against the potential adverse consequences of certain events i.e. when the market is highly volatile the Company might take any or all of the following steps, including but not limited to: 3.9.1.1 Restrict the opening of Orders; 3.9.1.2 Decrease/Increase leverage; 3.9.1.3 Widen/Narrow Spreads; 3.9.1.4 Decrease/Increase Margin Requirements; 3.9.1.5 Volume Restrictions; 3.9.1.6 Reverse trades caused by extreme volatility. These extreme volatility moves are viewed as any move equal to or more than 100 point on market opening of any instrument in either direction of any given instrument and/or exchange; 3.9.1.7 If the source of data from which the company receives feed is either corrupt, delayed or any software failure; and 3.9.1.8 Or in extreme market volatility is presumed to cause negative effects any client funds. 3.9.2 The Company shall inform the Clients of the actions taken during major events which can cause the market to be highly volatile; the Company shall do so via email to the Client’s registered email registeredemail address provided by the Client during the Back-Office registration with the Company and through the Company’s website under section ‘News’. 3.9.3 Under certain market conditions, i.e. during unexpected and unforeseeable events, the price of any financial instrument might be affected making it impossible for the Company to execute any type of order at the declared price. In such circumstances, the ability to execute o r d e r s on a timely basis will become the primary factor.