Common use of IMPROPER OR ABUSIVE TRADING AND/OR UNAUTHORIZED ACTIVITIES Clause in Contracts

IMPROPER OR ABUSIVE TRADING AND/OR UNAUTHORIZED ACTIVITIES. 30.1. The Company’s objective is to provide the most efficient trading liquidity available in the form of streaming, tradable prices for most of the financial instruments we offer on the Trading Platform. As a result of the highly automated nature of the delivery of these streaming, tradable prices, Clients acknowledge and accept that price misquotations are likely to occur from time to time. 30.2. Should the Clients execute trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’) the Company shall consider this as unacceptable behavior. Should the Company determine, at its sole discretion and in good faith, that any of the Clients and/or of his/her representative trading on his/her behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that any Client is committing any other improper or abusive trading act such as for example: (1) orders placed based on manipulated prices as a result of system errors or system malfunctions;