Common use of Improper or Abusive Trading Clause in Contracts

Improper or Abusive Trading. (a) JME Financial Services (Pty) Ltd 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 JME Financial Services (Pty) Ltd Online Trading Platform. As a result of the highly automated nature of the delivery of these streaming, tradable prices, you acknowledge and accept that price misquotations are likely to occur from time to time. (b) Should you execute trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), JME Financial Services (Pty) Ltd shall consider this as unacceptable behavior. Should JME Financial Services (Pty) Ltd determine, in its sole and absolute discretion and in good faith, that you or any representative of yours trading on your behalf is taking advantage, benefitting, attempting to take advantage of or benefit from such misquotation(s) or that you are committing any other improper or abusive trading act such as: (i) fraud/illegal actions that led to the Transaction; (ii) orders placed based on manipulated prices as a result of system errors or system malfunctions; (iii) arbitrage trading on prices offered by our platforms as a result of systems errors; and/or (iv) coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates; and (v) entering into transactions or combinations of transactions (voluntarily and/or involuntarily) such as holding long and short positions in the same or similar instruments at similar times either by you or by you acting in concert with others, possibly connected accounts, including (but not limited to) between accounts held with different entities within JME Financial Services (Pty) Ltd, which taken together or separately are for the purpose of manipulating the trading platform for gain, then JME Financial Services (Pty) Ltd will have the right to: (c) adjust the price spreads available to you; and/or (d) restrict your access to streaming, instantly tradable quotes, including providing manual quotation only; and/or (e) obtain from your Account any historic trading profits that you have gained through such abuse of liquidity as determined by us at any time during our trading relationship; and/or (f) reject any order or cancel any trade; and/or (g) immediately terminate our trading relationship, without prejudice to any other rights JME Financial Services (Pty) Ltd may have in law.

Improper or Abusive Trading. (a) JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD 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 JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD Online Trading Platform. As a result of the highly automated nature of the delivery of these streaming, tradable prices, you acknowledge and accept that price misquotations are likely to occur from time to time. (b) Should you execute trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD shall consider this as unacceptable behavior. Should JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD determine, in its sole and absolute discretion and in good faith, that you or any representative of yours trading on your behalf is taking advantage, benefitting, attempting to take advantage of or benefit from such misquotation(s) or that you are committing any other improper or abusive trading act such as: (i) fraud/illegal actions that led to the Transaction; (ii) orders placed based on manipulated prices as a result of system errors or system malfunctions; (iii) arbitrage trading on prices offered by our platforms as a result of systems errors; and/or (iv) coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates; and (v) entering into transactions or combinations of transactions (voluntarily and/or involuntarily) such as holding long and short positions in the same or similar instruments at similar times either by you or by you acting in concert with others, possibly connected accounts, including (but not limited to) between accounts held with different entities within JME Financial Services (Pty) LtdFRONTIER MARKETS PTY LTD , which taken together or separately are for the purpose of manipulating the trading platform for gain, then JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD will have the right to: (c) adjust the price spreads available to you; and/or (d) restrict your access to streaming, instantly tradable quotes, including providing manual quotation only; and/or (e) obtain from your Account any historic trading profits that you have gained through such abuse of liquidity as determined by us at any time during our trading relationship; and/or (f) reject any order or cancel any trade; and/or (g) immediately terminate our trading relationship, without prejudice to any other rights JME Financial Services (Pty) Ltd FRONTIER MARKETS PTY LTD may have in law.

Improper or Abusive Trading. (a) JME Financial Services (Pty) Midori FX Ltd 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 JME Financial Services (Pty) Midori FX Ltd Online Trading Platform. As a result of the highly automated nature of the delivery of these streaming, tradable prices, you acknowledge and accept that price misquotations are likely to occur from time to time. (b) Should you execute trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), JME Financial Services (Pty) Midori FX Ltd shall consider this as unacceptable behavior. Should JME Financial Services (Pty) Midori FX Ltd determine, in its sole and absolute discretion and in good faith, that you or any representative of yours trading on your behalf is taking advantage, benefitting, attempting to take advantage of or benefit from such misquotation(s) or that you are committing any other improper or abusive trading act such as: (i) fraud/illegal actions that led to the Transaction; (ii) orders placed based on manipulated prices as a result of system errors or system malfunctions; (iii) arbitrage trading on prices offered by our platforms as a result of systems errors; and/or (iv) coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates; and (v) entering into transactions or combinations of transactions (voluntarily and/or involuntarily) such as holding long and short positions in the same or similar instruments at similar times either by you or by you acting in concert with others, possibly connected accounts, including (but not limited to) between accounts held with different entities within JME Financial Services (Pty) LtdMidori FX Ltd , which taken together or separately are for the purpose of manipulating the trading platform for gain, then JME Financial Services (Pty) Midori FX Ltd will have the right to: (c) adjust the price spreads available to you; and/or (d) restrict your access to streaming, instantly tradable quotes, including providing manual quotation only; and/or (e) obtain from your Account any historic trading profits that you have gained through such abuse of liquidity as determined by us at any time during our trading relationship; and/or (f) reject any order or cancel any trade, profits; and/or (g) immediately terminate our trading relationship, without prejudice to any other rights JME Financial Services (Pty) Midori FX Ltd may have in law.

Improper or Abusive Trading. 9.13.1. Sikhula Venture Capital’s (aPTY) JME Financial Services (Pty) Ltd Ltd. objective is to provide the most efficient trading liquidity available at its Liquidity Providers’ level, in the form of streaming, tradable prices for most of the financial instruments we offer on the JME Financial Services (Pty) Ltd Online Trading Platformtrading platform. As a result of the highly automated nature of the delivery of these streaming, tradable prices, you acknowledge and accept that price misquotations variations are likely to occur from time to timetime in CFDs and FX products. (b) 9.13.2. Should you execute trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), JME Financial Services Sikhula Venture Capital (PtyPTY) Ltd shall consider this as unacceptable behavior. Should JME Financial Services Sikhula Venture Capital (PtyPTY) Ltd determine, in at its sole and absolute discretion and in good faith, that you or any representative of yours trading on your behalf is taking advantage, benefittingbenefiting, attempting to take advantage or to benefit of or benefit from such misquotation(s) or that you are committing any other improper or abusive trading act such asas for example: (i) fraud/illegal actions that led to the Transactiontransaction; (ii) orders placed based on manipulated prices as a result of system errors or system malfunctions; (iii) arbitrage trading on prices offered by our platforms as a result of systems errors; and/or (iv) coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates; and , Then Sikhula Venture Capital (v) entering into transactions or combinations of transactions (voluntarily and/or involuntarily) such as holding long and short positions in the same or similar instruments at similar times either by you or by you acting in concert with others, possibly connected accounts, including (but not limited to) between accounts held with different entities within JME Financial Services (Pty) Ltd, which taken together or separately are for the purpose of manipulating the trading platform for gain, then JME Financial Services (PtyPTY) Ltd through its liquidity providers will have the right to: (ci) adjust the price spreads available to you; and/or (dii) restrict your access to streaming, instantly tradable quotes, including providing manual quotation only; and/or (eiii) obtain from your Account account any historic trading profits that you have gained through such abuse of liquidity as determined by us at any any (iv) time during our trading relationship; and/or (fv) reject any an order or to cancel any a trade; and/or (gvi) immediately terminate our trading relationship, without prejudice to any other rights JME Financial Services (Pty) Ltd may have in law.