Common use of Electronic Trading Clause in Contracts

Electronic Trading. 1. The Client may make transactions, including place orders and give instructions through the trading platform. 2. The Client accepts the risk of mistakes or misinterpretations in the orders and instructions sent through the trading platform, the risk that the orders and instructions may be given by unauthorized persons and the risk of delays or other problems. In these cases, the Company is not responsible for resulting consequences, including the Client’s losses and damages. 3. The Client accepts that the Company may act as an agent of the Client. In this event the Company shall transmit the Client’s orders for execution to the third party. The Company is not responsible for actions, omissions and negligence of the third party and for the results of execution of the Client’s orders by the third party. In such cases the Client does not have any claims against the Company. 4. The orders may be accepted, transmitted for execution and executed only within the trading hours. 5. If the Company acts as the Client’s agent then the Company shall sequentially and promptly transmit the Client’s orders for execution. The Client understands and agrees that the transmission or execution of orders may not always be achieved for reasons beyond the control of the Company. In these cases, the Company bears no responsibility for Client’s losses and damages and the Client does not have any claims against the Company. 6. The Client accepts that the Company does not transmit and does not execute the Client’s orders placed in a different way than through the trading platform. 7. Considering the Client’s orders and the current market conditions, the Company may execute or transmit for execution a part of the Client’s orders. 8. The placed orders cannot be transferred by the Client to other providers of financial services and to their trading platforms. 9. All orders are executed at the available market prices. 10. The Company has the right to set limits and certain parameters in relation to the Client's trading account and his/her transactions, at its absolute discretion. Such limits and parameters may be amended, increased, decreased, removed or added by the Company at any time. The limits and parameters set by the Company are conclusive and binding on the Client and the Company is not responsible for any negative consequences for the Client resulting from this. In such cases the Client does not have any claims against the Company. 11. If any asset available on the Company’s trading platform is a subject to a specific risk, the Company reserves the right to remove this asset from the trading platform, permanently or temporarily. The Company is not responsible for any negative consequences for the Client resulting from this and the Client does not have any claims against the Company. 12. The Client is solely responsible for all concluded transactions, including orders and instructions sent to the Company through the Trading Platform under the Client’s Log-in Details. The Company may execute all the Client’s transactions, including orders and instructions, even if they are not suitable for the Client. The Company can rely and act according to any orders and instructions sent by the Client or any other person through the trading platform under the Client’s Log-in Details, without further verification. 13. The Client accepts that the Company, on its own discretion, especially in the case of suspicion of abuse or breach of this Agreement or law by the Client, is entitled to: a) refuse to execute any of the Client’s transactions; b) refuse to transmit or execute any of the Client’s placed orders or given instructions; c) cancel any of the Client’s pending orders; d) close or cancel any of the Client’s opened positions; e) refuse to transfer or withdrawal the Client’s profits from the trading account; f) remove the Client’s profits from the trading account. 14. In the events specified in point 13 above, the Company bears no responsibility for the Client’s losses and damages, including but not limited to the financial losses, and the Client does not have any claims against the Company. 15. The Company is also entitled, on its own discretion, to cancel or correct any of the Client’s transactions, in particular executed in connection with a system error, system malfunction, abuse or breach of this Agreement or law by Client. In these cases, the rules described in point 14 above apply. 16. The Client accepts that all concluded transactions are binding on the Client. The Client is solely responsible for all their results, both positive and negative, and the Client does not have any claims against the Company. 17. The Company does not provide any physical evidence in respect of any of the Client’s transactions. The profits and losses are considered as definitive after the closure of transaction. The Client may check the results of his/her activities on the trading platform. 18. The Company reserves the right to reverse the Client’s transactions deemed to be contrary to the Company’s interest. In these cases, the Company bears no responsibility for any negative consequences for the Client resulting from it and the Client does not have any claims against the Company. 19. The Company, in particular, does not permit to the execution of: a) opposite transactions simultaneously; b) transactions based on the market differences; c) transactions during the publication of information (macroeconomic notices); d) transactions based on the frozen prices; e) transactions during the suspension of trading; f) transactions based on the price or time manipulation; g) transactions based on the arbitrage between different systems; h) transactions found by the Company as an attempt to perform such forbidden transactions. 21. The trading in financial instruments occurs during specific time frames. The Client shall be notified of the Company’s holidays through the Company’s Website.

Electronic Trading. 1. The Client may make is able to enter into transactions, including place placing orders and give instructions opening/closing positions through the trading platform. 2. The Client accepts the risk of mistakes or misinterpretations in the orders and instructions sent risks connected with entering into transactions through the trading platform, in particular the risk that delays in placing orders, the orders errors in quotes or the price differences The Company has the right to correct errors and instructions may be given by unauthorized persons and the risk of delays or other problemsdifferences. In these cases, the Company is not responsible for resulting consequences, including the Client’s losses and damages. 3. The Client accepts that the Company may act as an agent of the Client. In this event case, the Company shall transmit the Client’s orders for execution to the third party. The Company is not responsible for actions, omissions omissions, and negligence of the third party and for the results of execution of the Client’s orders by the third party. In such cases the Client does not have any claims against the Company. 4. The orders placed by the Client may be accepted, transmitted for execution execution, and executed only within the trading hours. 5. If the Company acts as the Client’s agent agent, then the Company shall sequentially and promptly transmit the Client’s orders for execution. The Client understands and agrees that the transmission or execution of orders may not always be achieved for reasons beyond the control of the Company. In these cases, the Company bears no responsibility for Client’s losses and damages and the Client does not have any claims against the Companydamages. 6. The Client accepts that the Company does not transmit and does not execute the Client’s orders placed in a different way than through the trading platform. 7. Considering the Client’s orders and the current market conditions, the Company may execute or transmit for execution a part of the Client’s orders. 8. The placed orders cannot be transferred by the Client to other providers of financial the trading services and to their trading platforms. 9. All orders are executed at the available market prices. 10. The Company has the right to set limits and certain parameters in relation to the Client's trading account and his/her its transactions, at its absolute own discretion. Such limits and parameters may be amended, increased, decreased, removed or added changed by the Company at any time. The limits and parameters set by the Company are conclusive and binding on the Client and the Company is not responsible for any negative consequences for the Client resulting from this. In such cases the Client does not have any claims against the Company. 11. If any asset available on the Company’s trading platform is a subject to a specific risk, the Company reserves the right to remove this asset from the trading platform, permanently or temporarily. The Company is not responsible for any negative consequences for the Client resulting from this and the Client does not have any claims against the Company. 12. The Client is solely responsible for all concluded transactions, including placed orders and instructions sent to the Company opened/closed positions through the Trading Platform trading platform under the Client’s Log-in Details. The Company may execute all the Client’s transactions, including orders and instructions, even if they are not suitable for the Client. 13. The Company can rely on and act according to any orders and instructions sent placed by the Client or any other person through the trading platform under the Client’s Log-in Details, without further verification. 1314. The Company may execute all the Client’s transactions, including all orders, even if they are not suitable for the Client. 15. The Client accepts that the Company, on its own discretion, especially in the case of suspicion of abuse or breach of this Agreement or law by the Client, is entitled to: a) refuse to execute any of the Client’s transactions; b) refuse to transmit or execute any of the Client’s placed orders or given instructionsorders; c) cancel any of the Client’s pending orders; d) close or cancel any of the Client’s opened positions; e) refuse to transfer or withdrawal the Client’s profits from the trading account; f) remove the Client’s profits from the trading account. 1416. In the events specified in point 13 15 above, the Company bears no responsibility for the Client’s losses and damages, including but not limited to the financial losses, and the Client does not have any claims against the Company. 1517. The Company is also entitled, on its own discretion, to cancel or correct any of the Client’s transactions, in particular executed in connection with a system error, system malfunction, abuse or breach of this Agreement or law by Client. In these cases, the rules described in point 14 16 above apply. 1618. The Client accepts that all concluded transactions are binding on the Client. The Client is solely responsible for all their results, both positive and negative, and the Client does not have any claims against the Company. 1719. The Company does not provide any physical evidence in respect of any of the Client’s transactions. The profits and losses are considered as definitive after the closure of transaction, orders or positions. The Client may check the results of his/her activities its activity on the trading platform. 18. The Company reserves the right to reverse the Client’s transactions deemed to be contrary to the Company’s interest. In these cases, the Company bears no responsibility for any negative consequences for the Client resulting from it and the Client does not have any claims against the Company. 1920. The Company, in particular, does not permit to the execution of: a) opposite transactions simultaneously; b) transactions based on the market differences; c) transactions during the publication of information (macroeconomic notices); d) transactions based on the frozen prices; e) transactions during the suspension of trading; f) transactions based on the price or time manipulation; g) transactions based on the arbitrage between different systems; h) transactions found by the Company as an attempt to perform such forbidden transactions. 21. The Client may enter into the transactions, including place orders and open/close positions through the trading in financial instruments occurs during specific time framesplatform from Monday to Friday, excepts the weekends and holidays. The Client trading hours are dependent on the financial instrument and market. More detailed hours of trading shall be notified of the Company’s holidays through available on the Company’s Website.