Common use of ELECTRONIC TRADING TERMS Scope Clause in Contracts

ELECTRONIC TRADING TERMS Scope. These clauses apply to your use of any Electronic Services. Access Hours Once you have gone through the security procedures associated with an Electronic Service provided by us, you will get access to such service, unless agreed otherwise or stated on our website. All references to the Company’s hours are in Greenwich Mean Time + 2 (“GMT”) using 24-hour format. Our Electronic Services will normally be available continuously from 22:00 GMT Sunday until 22:00 GMT Friday (winter time), every week, excluding public holidays and cases where the underlying is closed due to lack of liquidity. Please consult our website for more details on operating times for each contract. We reserve the right to suspend or modify the operating hours on our own discretion and on such event our website will be updated without delay in order to inform you accordingly. In this respect the operating hours, as indicated on the websites operated by our company and to which you have request rights are the applicable. We may change our security procedures at any time and we will inform you of any new procedures that apply to you as soon as possible. Electronic Request entry for Market Request equals the Request Execution To enter an online request, you must access the Markets window, then click on “BUY/SELL” for the relevant contract. A new window will appear in which you enter the price and volume. The request is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Requests may fail for several reasons including changing prices, insufficient margin, unspecified volume or unanticipated technical difficulties. One-Click Request To use one-click request, you must go to the “Settings” menu and choose “View and Edit”. You should check the “One-Click” box. To enter an online request with one-click procedure, you must access the Markets window and enter the price and volume. The request is filled shortly after you click the BUY/SELL button provided you have sufficient funds in your Account. Requests may fail for several reasons including changing prices, insufficient margin, unspecified volume or unanticipated technical difficulties. One-Click can also be used when closing positions. Restrictions on services provided There may be restrictions on the number of Transactions that you can enter into on any one day and also in terms of the total value of those Transactions when using an Electronic Service. Please refer to our website for details of the limits imposed upon Transactions carried out through our Electronic Services. Access requirements You will be responsible for providing the System (hardware equipment) to enable you to use an Electronic Service (online platform). Virus detection You will be responsible for the installation and proper use of any virus detection/scanning program we require from time to time. Use of information, data and software In the event that you receive any data, information or software via an Electronic Service other than that which you are entitled to receive pursuant to this Agreement, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. Maintaining standards When using an Electronic Service, you must: • ensure that the System is maintained in good order and is suitable for use with such Electronic Service; • run such tests and provide such information to us as we shall reasonably consider necessary to establish that the System satisfies the requirements notified by us to you from time to time; • carry out virus checks on a regular basis; • inform us immediately of any unauthorised access to an Electronic Service or any unauthorised Transaction or instruction which you know of or suspect and, if within your control, cause such unauthorised use to cease; and • not at any time leave the terminal from which you have accessed such Electronic Service or let anyone else use the terminal until you have logged off such Electronic Service. System defects In the event you become aware of a material defect, malfunction or virus in the System or in an Electronic Service, you will immediately notify us of such defect, malfunction or virus and cease all use of such Electronic Service until you have received permission from us to resume use. Intellectual Property All rights in patents, copyrights, design rights, trade marks and any other intellectual property rights (whether registered or unregistered) relating to the Electronic Services remain vested in us or our licensors. You will not copy, interfere with, tamper with, alter, amend or modify the Electronic Services or any part or parts thereof unless expressly permitted by us in writing, reverse compile or disassemble the Electronic Services, nor purport to do any of the same or permit any of the same to be done, except in so far as such acts are expressly permitted by law. Any copies of the Electronic Services made in accordance with law are subject to the terms and conditions of this Agreement. You shall ensure that all the licensors trademarks and copyright and restricted rights notices are reproduced on these copies. You shall maintain an up-to-date written record of the number of copies of the Electronic Services made by you. If we so request, you shall as soon as reasonably practical, provide to us a statement of the number and whereabouts of copies of the Electronic Services. Liability and Indemnity Without prejudice to any other terms of this Agreement, relating to the limitation of liability and provision of indemnities, the following clauses shall apply to our Electronic Services. Immediate suspension or permanent withdrawal We have the right, unilaterally and with immediate effect, to suspend or withdraw permanently your ability to use any Electronic Service, or any part thereof, without notice, where we consider it necessary or advisable to do so, for example due to your non-compliance with the Applicable Regulations, breach of any provisions of this Agreement, on the occurrence of an Event of Default, network problems, failure of power supply, for maintenance, or to protect you when there has been a breach of security. In addition, the use of an Electronic Service may be terminated automatically, upon the termination (for whatever reason) of: • any licence granted to us which relates to the Electronic Service; or • this Agreement. Suspension or permanent withdrawal with notice We may suspend or permanently withdraw an Electronic Service, by giving you 24 hours written notice.

Appears in 5 contracts

Samples: Services Agreement, Services Agreement, Services Agreement

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ELECTRONIC TRADING TERMS Scope. These clauses apply to your use of any Electronic Services. Access and Trading Hours Once you have gone through the security procedures associated with an Electronic Service provided by us, you will get access to such service, unless agreed otherwise or stated on our website. All references to the Company’s hours of trading are in Greenwich Mean Time + 2 (“GMT”) using 24-hour format. Our Electronic Services will normally be available continuously from 22:00 GMT Sunday until 22:00 GMT Friday (winter time), every week, excluding public holidays where the Forex market does not operate and cases where the underlying market is closed due to lack of liquidityilliquidity in the financial instruments. Please consult our website for more details on operating times for each contractfinancial instrument. We reserve the right to suspend or modify the operating hours on our own discretion and on such event our website will be updated without delay in order to inform you accordingly. In this respect the operating hours, as indicated on the websites operated by our company and to which you have request trading rights are the applicable. We may change our security procedures at any time and we will inform you of any new procedures that apply to you as soon as possible. Electronic Request Order entry for Market Request Orders equals the Request Execution Order execution To enter an online requestorder, you must access the Markets window, then click on “BUY/SELL” for the relevant contractmarket. A new window will appear in which you enter the price and volumelot size. The request order is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Requests Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified volume lot size or unanticipated technical difficulties. One-Click Request Trading To use one-click requesttrading, you must go to the “Settings” menu and choose “View and Edit”. You should check the “One-ClickClick Trading” box. To enter an online request order with one-click proceduretrading, you must access the Markets window and enter the price and volumelot size. The request order is filled shortly after you click the BUY/SELL button provided you have sufficient funds in your Account. Requests Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified volume lot size or unanticipated technical difficulties. One-Click Trading can also be used when closing positions. Restrictions on services provided There may be restrictions on the number of Transactions that you can enter into on any one day and also in terms of the total value of those Transactions when using an Electronic Service. Please refer to our website for details of the limits imposed upon Transactions carried out through our Electronic Services. Access requirements You will be responsible for providing the System (hardware equipment) to enable you to use an Electronic Service (online trading platform). Virus detection You will be responsible for the installation and proper use of any virus detection/scanning program we require from time to time. Use of information, data and software In the event that you receive any data, information or software via an Electronic Service other than that which you are entitled to receive pursuant to this Agreement, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. Maintaining standards When using an Electronic Service, Service you must: • ensure that the System is maintained in good order and is suitable for use with such Electronic Service; • run such tests and provide such information to us as we shall reasonably consider necessary to establish that the System satisfies the requirements notified by us to you from time to time; • carry out virus checks on a regular basis; • inform us immediately of any unauthorised access to an Electronic Service or any unauthorised Transaction or instruction which you know of or suspect and, if within your control, cause such unauthorised use to cease; and • not at any time leave the terminal from which you have accessed such Electronic Service or let anyone else use the terminal until you have logged off such Electronic Service. System defects In the event you become aware of a material defect, malfunction or virus in the System or in an Electronic Service, you will immediately notify us of such defect, malfunction or virus and cease all use of such Electronic Service until you have received permission from us to resume use. Intellectual Property All rights in patents, copyrights, design rights, trade marks and any other intellectual property rights (whether registered or unregistered) relating to the Electronic Services remain vested in us or our licensors. You will not copy, interfere with, tamper with, alter, amend or modify the Electronic Services or any part or parts thereof unless expressly permitted by us in writing, reverse compile or disassemble the Electronic Services, nor purport to do any of the same or permit any of the same to be done, except in so far as such acts are expressly permitted by law. Any copies of the Electronic Services made in accordance with law are subject to the terms and conditions of this Agreement. You shall ensure that all the licensors trademarks and copyright and restricted rights notices are reproduced on these copies. You shall maintain an up-to-date written record of the number of copies of the Electronic Services made by you. If we so request, you shall as soon as reasonably practical, provide to us a statement of the number and whereabouts of copies of the Electronic Services. Liability and Indemnity Without prejudice to any other terms of this Agreement, relating to the limitation of liability and provision of indemnities, the following clauses shall apply to our Electronic Services. Immediate suspension or permanent withdrawal We have the right, unilaterally and with immediate effect, to suspend or withdraw permanently your ability to use any Electronic Service, or any part thereof, without notice, where we consider it necessary or advisable to do so, for example due to your non-compliance with the Applicable Regulations, breach of any provisions of this Agreement, on the occurrence of an Event of Default, network problems, failure of power supply, for maintenance, or to protect you when there has been a breach of security. In addition, the use of an Electronic Service may be terminated automatically, upon the termination (for whatever reason) of: • any licence granted to us which relates to the Electronic Service; or • this Agreement. Suspension or permanent withdrawal with notice We may suspend or permanently withdraw an Electronic Service, by giving you 24 hours written notice.:

Appears in 1 contract

Samples: Client Agreement

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ELECTRONIC TRADING TERMS Scope. These clauses apply to your use of any Electronic Services. Access and Trading Hours Once you have gone through the security procedures associated with an Electronic Service provided by us, you will get access to such service, unless agreed otherwise or stated on our website. All references to the Company’s hours of trading are in Greenwich Mean Time + 2 (“GMT”) using 24-hour format. Our Electronic Services will normally be available continuously from 22:00 GMT Sunday until 22:00 GMT Friday (winter time), every week, excluding public holidays where the Forex market does not operate and cases where the underlying market is closed due to lack of liquidityilliquidity in the financial instruments. Please consult our website for more details on operating times for each contractfinancial instrument. We reserve the right to suspend or modify the operating hours on our own discretion and on such event our website will be updated without delay in order to inform you accordingly. In this respect the operating hours, as indicated on the websites operated by our company and to which you have request trading rights are the applicable. We may change our security procedures at any time and we will inform you of any new procedures that apply to you as soon as possible. Electronic Request Order entry for Market Request equals the Request Execution Orders Equals Order execution To enter an online requestorder, you must access the Markets window, then click on “BUY/SELL” for the relevant contractmarket. A new window will appear in which you enter the price and volumelot size. The request order is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Requests Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified volume lot size or unanticipated technical difficulties. One-Click Request Trading To use one-click requesttrading, you must go to the “Settings” menu and choose “View and Edit”. You should check the “One-ClickClick Trading” box. To enter an online request order with one-click proceduretrading, you must access the Markets window and enter the price and volumelot size. The request order is filled shortly after you click the BUY/SELL button provided you have sufficient funds in your Account. Requests Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified volume lot size or unanticipated technical difficulties. One-One- Click Trading can also be used when closing positions. Restrictions on services provided There may be restrictions on the number of Transactions that you can enter into on any one day and also in terms of the total value of those Transactions when using an Electronic Service. Please refer to our website for details of the limits imposed upon Transactions carried out through our Electronic Services. Access requirements You will be responsible for providing the System (hardware equipment) to enable you to use an Electronic Service (online trading platform). Virus detection You will be responsible for the installation and proper use of any virus detection/detection/ scanning program we require from time to time. Use of information, data and software In the event that you receive any data, information or software via an Electronic Service other than that which you are entitled to receive pursuant to this Agreement, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. Maintaining standards When using an Electronic Service, you must: • ensure that the System is maintained in good order and is suitable for use with such Electronic Service; • run such tests and provide such information to us as we shall reasonably consider necessary to establish that the System satisfies the requirements notified by us to you from time to time; • carry out virus checks on a regular basis; • inform us immediately of any unauthorised access to an Electronic Service or any unauthorised Transaction or instruction which you know of or suspect and, if within your control, cause such unauthorised use to cease; and • not at any time leave the terminal from which you have accessed such Electronic Service or let anyone else use the terminal until you have logged off such Electronic Service. System defects In the event you become aware of a material defect, malfunction or virus in the System or in an Electronic Service, you will immediately notify us of such defect, malfunction or virus and cease all use of such Electronic Service until you have received permission from us to resume use. Intellectual Property All rights in patents, copyrights, design rights, trade marks and any other intellectual property rights (whether registered or unregistered) relating to the Electronic Services remain vested in us or our licensors. You will not copy, interfere with, tamper with, alter, amend or modify the Electronic Services or any part or parts thereof unless expressly permitted by us in writing, reverse compile or disassemble the Electronic Services, nor purport to do any of the same or permit any of the same to be done, except in so far as such acts are expressly permitted by law. Any copies of the Electronic Services made in accordance with law are subject to the terms and conditions of this Agreement. You shall ensure that all the licensors trademarks and copyright and restricted rights notices are reproduced on these copies. You shall maintain an up-to-date written record of the number of copies of the Electronic Services made by you. If we so request, you shall as soon as reasonably practical, provide to us a statement of the number and whereabouts of copies of the Electronic Services. Liability and Indemnity Without prejudice to any other terms of this Agreement, relating to the limitation of liability and provision of indemnities, the following clauses shall apply to our Electronic Services. Immediate suspension or permanent withdrawal We have the right, unilaterally and with immediate effect, to suspend or withdraw permanently your ability to use any Electronic Service, or any part thereof, without notice, where we consider it necessary or advisable to do so, for example due to your non-compliance with the Applicable Regulations, breach of any provisions of this Agreement, on the occurrence of an Event of Default, network problems, failure of power supply, for maintenance, or to protect you when there has been a breach of security. In addition, the use of an Electronic Service may be terminated automatically, upon the termination (for whatever reason) of: • any licence granted to us which relates to the Electronic Service; or • this Agreement. Suspension or permanent withdrawal with notice We may suspend or permanently withdraw an Electronic Service, by giving you 24 hours written notice.:

Appears in 1 contract

Samples: Client Agreement

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