Common use of ELECTRONIC TRADING TERMS Clause in Contracts

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 Blue Sun Capital Ltd’s website and/or trading platforms, unless agreed otherwise or stated on our website in order to place orders for any Financial Instrument available from Blue Sun Capital Ltd and entering into Transactions with Blue Sun Capital Ltd. Further, you will be able to trade on the Blue Sun Capital Ltd’s Trading Platforms with and through Blue Sun Capital Ltd with the use of a personal computer, smartphone or any other similar device that is connected to the internet. In this respect, you understand that Blue Sun Capital Ltd can, at its absolute discretion, terminate your access to Blue Sun Capital Ltd’s systems in order to protect both the Company’s and your interests and to ensure the systems’ effectiveness and efficiency. All references to Blue Sun Capital Ltd’s hours of trading are in Greenwich Mean Time (“GMT”) using 24- hour format. Our Electronic Services will normally be available continuously from 21:00 GMT Sunday until 21:00 GMT Friday (winter time), every week, excluding public holidays where the Forex market does not operate and cases where the market is closed due to illiquidity in the financial instruments. Please consult our website for more details on operating times for each financial 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 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 Order entry for Market Orders equals Order execution In regards to Forex, to enter an online order, you must access the Markets window, then click on “BUY/SELL” for the relevant market. A new window will appear in which you enter the price and lot size. The order is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified lot size or unanticipated technical difficulties. 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 to enable you to use an Electronic Service. 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: 1. ensure that the System is maintained in good order and is suitable for use with such Electronic Service; 2. 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; 3. carry out virus checks on a regular basis; 4. inform us immediately of any unauthorized 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 5. 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. 1. System errors We shall have no liability to you for damage which you may suffer as a result of transmission errors, technical faults, malfunctions, illegal intervention in network equipment, network overloads, malicious blocking of access by third parties, internet malfunctions, interruptions or other deficiencies on the part of internet service providers. You acknowledge that access to Electronic Services may be limited or unavailable due to such system errors, and that we reserve the right upon notice to suspend access to Electronic Services for this reason.

Appears in 2 contracts

Samples: Retail Client Agreement, Retail 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 Blue Sun Capital LtdNasr Trade LTD’s website and/or trading platforms, unless agreed otherwise or stated on our website in order to place orders for any Financial Instrument available from Blue Sun Capital Ltd Nasr Trade LTD and entering into Transactions with Blue Sun Capital Ltd. Nasr Trade LTD. Further, you will be able to trade on the Blue Sun Capital LtdNasr Trade LTD’s Trading Platforms with and through Blue Sun Capital Ltd Nasr Trade LTD with the use of a personal computer, smartphone or any other similar device that is connected to the internet. In this respect, you understand that Blue Sun Capital Ltd Nasr Trade LTD can, at its absolute discretion, terminate your access to Blue Sun Capital LtdNasr Trade LTD’s systems in order to protect both the Company’s and your interests and to ensure the systems’ effectiveness and efficiency. All references to Blue Sun Capital LtdNasr Trade LTD’s hours of trading are in Greenwich Mean Time (“GMT”) using 24- 24-hour format. Our Electronic Services will normally be available continuously from 21:00 GMT Sunday until 21:00 GMT Friday (winter time), every week, excluding public holidays where the Forex market does not operate and cases where the market is closed due to illiquidity in the financial instruments. Please consult our website for more details on operating times for each financial 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 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 Order entry for Market Orders equals Order execution In regards to Forex, to enter an online order, you must access the Markets window, then click on “BUY/SELL” for the relevant market. A new window will appear in which you enter the price and lot size. The order is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified lot size or unanticipated technical difficulties. 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 to enable you to use an Electronic Service. 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: 1. ensure that the System is maintained in good order and is suitable for use with such Electronic Service; 2. 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; 3. carry out virus checks on a regular basis; 4. inform us immediately of any unauthorized 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 5. 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. 1. System errors We shall have no liability to you for damage which you may suffer as a result of transmission errors, technical faults, malfunctions, illegal intervention in network equipment, network overloads, malicious blocking of access by third parties, internet malfunctions, interruptions or other deficiencies on the part of internet service providers. You acknowledge that access to Electronic Services may be limited or unavailable due to such system errors, and that we reserve the right upon notice to suspend access to Electronic Services for this reason.

Appears in 1 contract

Samples: Retail Client Agreement

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 Blue Sun Capital Ltd’s website and/or trading platformssuch service, unless agreed otherwise or stated on our website in order to place orders for any Financial Instrument available from Blue Sun Capital Ltd and entering into Transactions with Blue Sun Capital Ltd. Further, you will be able to trade on the Blue Sun Capital Ltd’s Trading Platforms with and through Blue Sun Capital Ltd with the use of a personal computer, smartphone or any other similar device that is connected to the internet. In this respect, you understand that Blue Sun Capital Ltd can, at its absolute discretion, terminate your access to Blue Sun Capital Ltd’s systems in order to protect both the Company’s and your interests and to ensure the systems’ effectiveness and efficiencywebsite. All references to Blue Sun Capital LtdThe Company’s hours of trading are in Greenwich Mean Time (“GMT”) using 24- 24-hour format. Our Electronic Services will normally be available continuously from 21:00 GMT Sunday until 21:00 GMT Friday (winter time), every week, excluding public holidays where the Forex market does Foreign exchange markets do not operate and cases where the market is markets are closed due to illiquidity in the financial instruments. Please consult our website for more details on operating times for each financial 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 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 Order entry for Market Orders equals Order execution In regards to Forex, to To enter an online orderorder when trading Foreign Exchange Instruments, you must access the Markets window, then click on “BUY/SELL” for the relevant market. A new window will appear in which you enter the price and lot size. The order is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified lot size or unanticipated technical difficulties. One-Click Trading To use one-click trading, you must go to the “Settings” menu and choose “View and Edit”. You should check the “One-Click Trading” box. To enter an online order with one-click trading, you must access the Markets window and enter the price and lot size. The order is filled shortly after you click the BUY/SELL button provided you have sufficient funds in your Account. Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified 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 ServiceService (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: 1. a. ensure that the System is maintained in good order and is suitable for use with such Electronic Service; 2. b. 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; 3. c. carry out virus checks on a regular basis; 4. d. inform us immediately of any unauthorized access to an Electronic Service or any unauthorised unauthorized Transaction or instruction which you know of or suspect and, if within your control, cause such unauthorised unauthorized use to cease; and 5. e. 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. 1. a. System errors We shall have no liability to you for damage which you may suffer as a result of transmission errors, technical faults, malfunctions, illegal intervention in network equipment, network overloads, malicious blocking of access by third parties, internet malfunctions, interruptions or other deficiencies on the part of internet service providers. You acknowledge that access to Electronic Services may be limited or unavailable due to such system errors, and that we reserve the right upon notice to suspend access to Electronic Services for this reason. Delays Neither we nor any third-party software provider accepts any liability in respect of any delays, inaccuracies, errors or omissions in any data provided to you in connection with an Electronic Service. We do not accept any liability in respect of any delays, inaccuracies or errors in prices quoted to you if these delays, inaccuracies or errors are caused by third party service providers with which we may collaborate. We shall not be obliged to execute any instruction which has been identified that is based on errors caused by delays of the system to update prices provided by the system price feeder or the third-party service providers. We do not accept any liability towards executed trades that have been based and have been the result of delays as described above. b. Viruses from an Electronic Service We shall have no liability to you (whether in contract or in tort, including negligence) in the event that any viruses, worms, software bombs or similar items are introduced into the System via an Electronic Service or any software provided by us to you in order to enable you to use the Electronic Service, provided that we have taken reasonable steps to prevent any such introduction. c. Viruses from your System You will ensure that no computer viruses, worms, software bombs or similar items are introduced into our computer system or network and will indemnify us on demand for any loss that we suffer arising as a result of any such introduction. d. Unauthorized use We shall not be liable for any loss, liability or cost whatsoever arising from any unauthorized use of the Electronic Service. You shall on demand indemnify, protect and hold us harmless from and against all losses, liabilities, judgements, suits, actions, proceedings, claims, damages and costs resulting from or arising out of any act or omission by any person using an Electronic Service by using your designated passwords, whether or not you authorised such use.

Appears in 1 contract

Samples: Retail 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 Blue Sun Capital LtdNamir Trade LTD’s website and/or trading platforms, unless agreed otherwise or stated on our website in order to place orders for any Financial Instrument available from Blue Sun Capital Ltd Namir Trade LTD and entering into Transactions with Blue Sun Capital Ltd. Namir Trade LTD. Further, you will be able to trade on the Blue Sun Capital LtdNamir Trade LTD’s Trading Platforms with and through Blue Sun Capital Ltd Namir Trade LTD with the use of a personal computer, smartphone or any other similar device that is connected to the internet. In this respect, you understand that Blue Sun Capital Ltd Namir Trade LTD can, at its absolute discretion, terminate your access to Blue Sun Capital LtdNamir Trade LTD’s systems in order to protect both the Company’s and your interests and to ensure the systems’ effectiveness and efficiency. All references to Blue Sun Capital LtdNamir Trade LTD’s hours of trading are in Greenwich Mean Time (“GMT”) using 24- hour format. Our Electronic Services will normally be available continuously from 21:00 GMT Sunday until 21:00 GMT Friday (winter time), every week, excluding public holidays where the Forex market does not operate and cases where the market is closed due to illiquidity in the financial instruments. Please consult our website for more details on operating times for each financial 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 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 Order entry for Market Orders equals Order execution In regards to Forex, to enter an online order, you must access the Markets window, then click on “BUY/SELL” for the relevant market. A new window will appear in which you enter the price and lot size. The order is filled shortly after you hit the OK button provided you have sufficient funds in your Account. Orders may fail for several reasons including changing dealer prices, insufficient margin, unspecified lot size or unanticipated technical difficulties. 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 to enable you to use an Electronic Service. 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: 1. ensure that the System is maintained in good order and is suitable for use with such Electronic Service; 2. 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; 3. carry out virus checks on a regular basis; 4. inform us immediately of any unauthorized 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 5. 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. 1. System errors We shall have no liability to you for damage which you may suffer as a result of transmission errors, technical faults, malfunctions, illegal intervention in network equipment, network overloads, malicious blocking of access by third parties, internet malfunctions, interruptions or other deficiencies on the part of internet service providers. You acknowledge that access to Electronic Services may be limited or unavailable due to such system errors, and that we reserve the right upon notice to suspend access to Electronic Services for this reason.

Appears in 1 contract

Samples: Retail Client Agreement

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