Market Abuse. 10.9.1 Any behaviour, Open Position, Trade and/or Order that would be considered market abuse and/ or market manipulation and/or insider dealing will not be supported or executed by the Company. 10.9.2 If the Client placed an Open Position, Trade and/or Order that breaches any of the warranties stated following, the Company, without being required to give advance notice, may: a) Close that Open Position and/or Order and any other Open Position and/or Orders that the Client may have open at that time, or b) Treat all of the Clients’ Open Positions and Trades under this paragraph as immediately void even if they are Open Positions or Trades under which the Client has made profits, or c) Enforce the Open Position or Trade against the Client if it is an Open Position or Trade under which the Client had made losses. 10.9.3 The company shall inform the Client as soon as possible that any actions mentioned in this clause have been exercised. 10.9.4 Unless adequate and conclusive evidence is provided by the Client, that proves that no breach has been committed within a given timeframe, all profitable Trades between the Client and the Company will be finally null and void. 10.9.5 The Company shall exercise the above rights regardless of the effect it may have on the Client’s other Open Positions or Orders, or other positions the Client may have with a third party and even if a loss arises as a result. 10.9.6 The Company has sole discretion and right to define scalping or HFT (High Frequency Trading) strategies that are in violation of fair-trading strategies. Orders or trades, placed by the Client, that are in violation of fair trading (scalping with fast speed or on specific instruments and symbols with price movements that accommodate such trading strategies), shall be considered abusive and lead to execution delays and/or cancellation of trades and/or profits made by such trading behaviour.
Appears in 5 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Market Abuse. 10.9.1 Any behaviour, Open Position, Trade and/or Order that would be considered market abuse and/ or market manipulation and/or insider dealing will not be supported or executed by the Company.
10.9.2 If the Client placed an Open Position, Trade and/or Order that breaches any of the warranties stated following, the Company, without being required to give advance notice, may:
a) Close that Open Position and/or Order and any other Open Position and/or Orders that the Client may have open at that time, or
b) Treat all of the Clients’ Open Positions and Trades under this paragraph as immediately void even if they are Open Positions or Trades under which the Client has made profits, or
c) Enforce the Open Position or Trade against the Client if it is an Open Position or Trade under which the Client had made losses.
10.9.3 The company shall inform the Client as soon as possible that any actions mentioned in this clause have been exercised.
10.9.4 Unless adequate and conclusive evidence is provided by the Client, that proves that no breach has been committed within a given timeframe, all profitable Trades between the Client and the Company will be finally null and void.
10.9.5 The Company shall exercise the above rights regardless of the effect it may have on the Client’s other Open Positions or Orders, or other positions the Client may have with a third party and even if a loss arises as a result.
10.9.6 The Company has sole discretion and right to define scalping or HFT (High Frequency Trading) strategies that are in violation of fair-trading strategies. Orders or trades, placed by the Client, that are in violation of fair trading (scalping with fast speed or on specific instruments and symbols with price movements that accommodate such trading strategies), shall be considered abusive and lead to execution delays and/or cancellation of trades and/or profits made by such trading behaviour.
10.9.7 Negative balance in a client’s trading account that resulted from orders and trades that were placed before market closing due to gaps in the price at market reopening or placed before important economic announcements, shall be covered from the client’s funds available in other trading accounts and/or wallets held with the company. Moreover, the Company may also exercise its right to terminate the Client Agreement following repeated abusive strategy as such by client.
10.9.8 Exploitation of server latency, price manipulation, time manipulation and similar arbitrage practices or any other method found to be abusive but not pre-defined herein shall be treated as such. In addition the Company does not approve nor support use of trading strategies that maybe based on exploiting the specific trading conditions offered, including but not limited to rollovers (Swaps) values, either applied or otherwise and/or any other trading strategy that may be found in a breach with the terms of this Agreement." any profits , amounts gained from mentioned strategies will be removed from trading account.
Appears in 1 contract
Samples: Client Agreement
Market Abuse. 10.9.1 Any behaviour, Open Position, Trade and/or Order that would be considered market abuse and/ or market manipulation and/or insider dealing will not be supported or executed by the Company.
10.9.2 If the Client placed an Open Position, Trade and/or Order that breaches any of the warranties stated following, the Company, without being required to give advance notice, may:
a) Close that Open Position and/or Order and any other Open Position and/or Orders that the Client may have open at that time, oror White Forex (St Lucia) Registration number-00475 Ground Floor, The Sotheby Building, Xxxxxx Village, Xxxxxx Bay, Gros-/islet, Saint Lucia P.O. Box 838, Xxxxxxxx, Saint Lucia (White Forex). xxx.xxxxxxxxxx.xxx | xxxxxxx@xxxxxxxxxx.xxx Updated on 12.08.2024
b) Treat all of the Clients’ Open Positions and Trades under this paragraph as immediately void even if they are Open Positions or Trades under which the Client has made profits, or
c) Enforce the Open Position or Trade against the Client if it is an Open Position or Trade under which the Client had made losses.
10.9.3 The company shall inform the Client as soon as possible that any actions mentioned in this clause have been exercised.
10.9.4 Unless adequate and conclusive evidence is provided by the Client, that proves that no breach has been committed within a given timeframe, all profitable Trades trades between the Client and the Company will be finally null and void.
10.9.5 The Company shall exercise the above rights regardless of the effect it may have on the Client’s other Open Positions or Orders, or other positions the Client may have with a third party and even if a loss arises as a result.
10.9.6 The Company has sole discretion and right to define scalping or HFT (High Frequency Trading) strategies that are in violation of fair-trading strategies. Orders or trades, placed by the Client, that are in violation of fair trading (scalping with fast speed or on specific instruments and symbols with price movements that accommodate such trading strategies), shall be considered abusive and lead to execution delays and/or cancellation of trades and/or profits made by such trading behaviour.
Appears in 1 contract
Samples: Client Agreement
