Market Abuse. 20.2.1 AvaTrade may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse. 20.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that: (a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and (b) Customer will not place and has not placed a trade with us in connection with: (i) a placing, issue, distribution or other analogous event; (ii) an offer, take over, merger or other analogous event; or (iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and (c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations. 20.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade has reasonable grounds for suspecting that Customer may have done so, AvaTrade may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
Appears in 2 contracts
Samples: Customer Agreement, Customer Agreement
Market Abuse. 20.2.1 AvaTrade 19.2.1 RaiseFX may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 19.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. The Customer agrees that AvaTrade RaiseFX may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 19.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade RaiseFX has reasonable grounds for suspecting that Customer may have done so, AvaTrade RaiseFX may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 )
19.2.4 The Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
19.2.5 Customer acknowledges that it would be improper for Customer to deal in the underlying market if the sole purpose of such a transaction was to impact on our bid or offer prices, and Customer agrees not to conduct any such transactions.
Appears in 2 contracts
Market Abuse. 20.2.1 AvaTrade Through opening similar positions with another institution or in the underlying market, VirtuFinance may hedge our liability to you by opening analogous positions with other institutions or in the underlying marketCustomer. The result outcome of our doing us taking this step is that when you trade trading with us your trades canus, through our hedging, exert a distorting influence your trades can impart an unclear effect on the underlying market for that index, in addition as well as the effect it may cause to the impact that it may have on our own pricesprices we offer. This creates a possibility of The market abusecan be abused through this method.
20.2.2 Customer represents It is agreed, represented and warrants, warranted by customer that all such warranty and agrees that each such representation and warranty is deemed repeated replicated each time Customer opens or closes a position is opened or closed by Customer that:
(a) Customer has not and will not place and has not placed a trade an order with us relating VirtuFinance related to a particular certain index or any other CFD price quotation if to do doing so would result in cause Customer, or others with whom Customer is acting in concert togetherjointly operating, having an exposure being exposed to the price quotation of the underlying financial instrument which can create a situation instigate an event of market abuse. This Such exposure can be equal equivalent to or exceeding greater than the value of a declarable interest in the applicable financial instrument. For this reason, the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be set to the prevailing level amount at the material physical time, set assigned by law law, or by the stock exchange(s) or other exchange upon which separate exchanges that facilitate the trading of the underlying financial instrument is tradedinstrument; and
(b) Customer has not and will not place and has not placed a trade an order with us in connection withVirtuFinance that is related to:
(i) a distribution, placing, issue, distribution or other analogous eventanother equivalent incident;
(ii) an a takeover, merger, offer, take over, merger or other analogous eventanother equivalent incident; or
(iii) another corporate finance-style operation of any other corporate finance style activitykind, in which Customer is involved marked by Xxxxxxxx’s involvement or otherwise interestedinterest; and
(c) Customer A position will not place be placed or close a position closed by Customer, nor will and order be placed by Customer will not place an order that contravenes violates any primary or secondary legislation or other law against pertaining to market manipulation or insider dealing or market manipulationdealing. Customer agrees acknowledges that AvaTrade VirtuFinance may proceed operate on the basis assumption that when Customer opens or closes a position or places an order on a share price, Customer may be treated considered as dealing in managing securities within the meaning implications of the relevant applicable statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade is placed or places closed by Customer or an order is placed in breach violation of the representations given warranties and warranties givenrepresentations, or AvaTrade has there is reasonable grounds evidence for suspecting that Customer may have VirtuFinance to suspect Customer’s having done so, AvaTrade VirtuFinance may at our absolute their sole discretion and without being under free from any obligation to inform responsibility of informing Customer of our reason reasons for doing so such actions, close that the relevant trade and any other open trade or trades belonging to you during that you may have open at the time, if applicableappropriate, and also at our absolute sole discretion cancel abolish any profits or trades or profits associated linked with Customer’s account(s) ).
20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer agrees that it would be inappropriate for Customer to trade in the underlying market if the only reason for such a transaction was to affect our offer or bid prices, and Customer agrees not to engage in any transactions of this sort.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade Through opening similar positions with another institution or in the underlying market, Nab Europe may hedge our liability to you by opening analogous positions with other institutions or in the underlying marketCustomer. The result outcome of our doing us taking this step is that when you trade trading with us your trades canus, through our hedging, exert a distorting influence your trades can impart an unclear effect on the underlying market for that index, in addition as well as the effect it may cause to the impact that it may have on our own pricesprices we offer. This creates a possibility of The market abusecan be abused through this method.
20.2.2 Customer represents It is agreed, represented and warrants, warranted by customer that all such warranty and agrees that each such representation and warranty is deemed repeated replicated each time Customer opens or closes a position is opened or closed by Customer that:
(a) Customer has not and will not place and has not placed a trade an order with us relating Nab Europe related to a particular certain index or any other CFD price quotation if to do doing so would result in cause Customer, or others with whom Customer is acting in concert togetherjointly operating, having an exposure being exposed to the price quotation of the underlying financial instrument which can create a situation instigate an event of market abuse. This Such exposure can be equal equivalent to or exceeding greater than the value of a declarable interest in the applicable financial instrument. For this reason, the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be set to the prevailing level amount at the material physical time, set assigned by law law, or by the stock exchange(s) or other exchange upon which separate exchanges that facilitate the trading of the underlying financial instrument is tradedinstrument; and
(b) Customer has not and will not place and has not placed a trade an order with us in connection withNab Europe that is related to:
(i) a distribution, placing, issue, distribution or other analogous eventanother equivalent incident;
(ii) an a takeover, merger, offer, take over, merger or other analogous eventanother equivalent incident; or
(iii) another corporate finance-style operation of any other corporate finance style activitykind, in which Customer is involved marked by Customer’s involvement or otherwise interestedinterest; and
(c) Customer A position will not place be placed or close a position closed by Customer, nor will and order be placed by Customer will not place an order that contravenes violates any primary or secondary legislation or other law against pertaining to market manipulation or insider dealing or market manipulationdealing. Customer agrees acknowledges that AvaTrade Nab Europe may proceed operate on the basis assumption that when Customer opens or closes a position or places an order on a share price, Customer may be treated considered as dealing in managing securities within the meaning implications of the relevant applicable statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade is placed or places closed by Customer or an order is placed in breach violation of the representations given warranties and warranties givenrepresentations, or AvaTrade has there is reasonable grounds evidence for suspecting that Customer may have Nab Europe to suspect Customer’s having done so, AvaTrade Nab Europe may at our absolute their sole discretion and without being under free from any obligation to inform responsibility of informing Customer of our reason reasons for doing so such actions, close that the relevant trade and any other open trade or trades belonging to you during that you may have open at the time, if applicableappropriate, and also at our absolute sole discretion cancel abolish any profits or trades or profits associated linked with Customer’s account(s) ).
20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer agrees that it would be inappropriate for Customer to trade in the underlying market if the only reason for such a transaction was to affect our offer or bid prices, and Customer agrees not to engage in any transactions of this sort.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade Stone Cross may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade Stone Cross may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade Stone Cross has reasonable grounds for suspecting that Customer may have done so, AvaTrade Stone Cross may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer acknowledges that it would be improper for Customer to deal in the underlying market if the sole purpose of such a transaction was to impact on our bid or offer prices, and Customer agrees not to conduct any such transactions.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade FXPN may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for marketfor that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade FXPN may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade FXPN has reasonable grounds for suspecting that Customer may have done so, AvaTrade FXPN may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute ourabsolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer acknowledges that it would be improper for Customer to deal in the underlying market if the sole purpose of such a transaction was to impact on our bid or offer prices, and Customer agrees not to conduct any such transactions.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade has reasonable grounds for suspecting that Customer may have done so, AvaTrade may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer acknowledges that it would be improper for Customer to deal in the underlying market if the sole purpose of such a transaction was to impact on our bid or offer prices, and Customer agrees not to conduct any such transactions.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade may hedge our liability to you by By opening analogous similar positions with other institutions another body or in the underlying market, ATGlobal Market may cover our liability to you. The result of our doing this step is that when you trade with us your trades canus, through our hedgingcoverage, exert a distorting influence your trades may impart an unclear effect on the underlying market for that index, in addition to as well as the impact that it effect which may have on our own pricescause at the prices we offer. This creates a possibility of The market abusecan be abused with this method.
20.2.2 Customer represents It is agreed, represented and warrants, warranted by the customer that such warranties and agrees that each such representation and warranty is deemed repeated each representations are considered replicated every time Customer opens or closes a position thatis opened or closed by the Client who:
(a) Customer The Client has not and will not place and has not placed an order with ATGlobal Market in respect of a trade with us relating to a particular certain index or any other CFD price quotes if to do so this would result in Customercause the Client, or others with whom Customer is acting in concert togetherthe Client trades jointly, having an exposure to the price of the underlying financial instrument which can create cause a situation of market abuseabuse event. This Such exposure can may be equal to equivalent or exceeding greater than the amount value of a declarable reportable interest in the relevant applicable financial instrument. For this purposereason, the level amount of a declarable reportable interest will shall be fixed at the prevailing level amount at the material timephysical moment, set assigned by law law, or by the stock exchange(s) separate purse or other exchange upon which purses facilitating the negotiation of the underlying financial instrument is tradedinstrument; andAnd
(b) Customer will You have not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order with ATGlobal Market related to:
(I) a distribution, placement, issue or other equivalent incident;
(II) an acquisition, merger, offer or another equivalent incident; or
(III) another corporate finance transaction of any kind, marked with the involvement or interest of the Client; And
(c) A position will not be placed or closed by the Client, nor will the order be placed by the Client that contravenes violates any primary or secondary legislation law or other law against relating to the manipulation of the market or insider dealing or market manipulationdealing. Customer agrees The customer acknowledges that AvaTrade may proceed on the basis ATGlobal Market can operate assuming that when Customer the Client opens or closes a position or places an order on a share price, Customer the Client may be treated considered as dealing in a securities manager within the meaning scope of the relevant implications of applicable statutes or regulations.
20.2.3 In the event that (a) any transaction is made or closed by the Customer places or closes any trade or places an order is in breach of the warranties and representations and warranties givenprovided, or AvaTrade there is reasonable evidence for ATGlobal Market to suspect that the Client has reasonable grounds for suspecting that Customer may have done so, AvaTrade ATGlobal Market may at our absolute in their sole discretion and without being under any obligation responsibility to inform the Customer of our reason ours reasons for doing so such actions, close that the relevant trade and any other trade or open trades that you may have open at the timebelong during that period, if applicableany, and also at in our absolute sole discretion cancel to delete any trades profit or profits associated operation connected with Customer’s account(s) the customer's account.
20.2.4 Customer The Client acknowledges that trade the exchanges are speculative arrangements and Customer agrees that Customer the Client will not enter into will carry out any transactions with us in connection with relation to any corporate finance style activityfinancial type of activity corporate.
20.2.5 The Client agrees that it would be inappropriate for the Client to trade in the market underlying if the only reason for such a transaction was to influence our offer or ours offer prices, and the Client agrees not to engage in such transactions.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade Euro Next may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade Euro Next may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade Euro Next has reasonable grounds for suspecting that Customer may have done so, AvaTrade Euro Next may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer acknowledges that it would be improper for Customer to deal in the underlying market if the sole purpose of such a transaction was to impact on our bid or offer prices, and Customer agrees not to conduct any such transactions.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade Through opening similar positions with another institution or in the underlying market, VirtuFinance may hedge our liability to you by opening analogous positions with other institutions or in the underlying marketCustomer. The result outcome of our doing us taking this step is that when you trade trading with us your trades canus, through our hedging, exert a distorting influence your trades can impart an unclear effect on the underlying market for that index, in addition as well as the effect it may cause to the impact that it may have on our own pricesprices we offer. This creates a possibility of The market abusecan be abused through this method.
20.2.2 Customer represents It is agreed, represented and warrants, warranted by customer that all such warranty and agrees that each such representation and warranty is deemed repeated replicated each time Customer opens or closes a position is opened or closed by Customer that:
(a) Customer has not and will not place and has not placed a trade an order with us relating VirtuFinance related to a particular certain index or any other CFD price quotation if to do doing so would result in cause Customer, or others with whom Customer is acting in concert togetherjointly operating, having an exposure being exposed to the price quotation of the underlying financial instrument which can create a situation instigate an event of market abuse. This Such exposure can be equal equivalent to or exceeding greater than the value of a declarable interest in the applicable financial instrument. For this reason, the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be set to the prevailing level amount at the material physical time, set assigned by law law, or by the stock exchange(s) or other exchange upon which separate exchanges that facilitate the trading of the underlying financial instrument is tradedinstrument; and
(b) Customer has not and will not place and has not placed a trade an order with us in connection withVirtuFinance that is related to:
(i) a distribution, placing, issue, distribution or other analogous eventanother equivalent incident;
(ii) an a takeover, merger, offer, take over, merger or other analogous eventanother equivalent incident; or
(iii) another corporate finance-style operation of any other corporate finance style activitykind, in which Customer is involved marked by Customer’s involvement or otherwise interestedinterest; and
(c) Customer A position will not place be placed or close a position closed by Customer, nor will and order be placed by Customer will not place an order that contravenes violates any primary or secondary legislation or other law against pertaining to market manipulation or insider dealing or market manipulationdealing. Customer agrees acknowledges that AvaTrade VirtuFinance may proceed operate on the basis assumption that when Customer opens or closes a position or places an order on a share price, Customer may be treated considered as dealing in managing securities within the meaning implications of the relevant applicable statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade is placed or places closed by Customer or an order is placed in breach violation of the representations given warranties and warranties givenrepresentations, or AvaTrade has there is reasonable grounds evidence for suspecting that Customer may have VirtuFinance to suspect Customer’s having done so, AvaTrade VirtuFinance may at our absolute their sole discretion and without being under free from any obligation to inform responsibility of informing Customer of our reason reasons for doing so such actions, close that the relevant trade and any other open trade or trades belonging to you during that you may have open at the time, if applicableappropriate, and also at our absolute sole discretion cancel abolish any profits or trades or profits associated linked with Customer’s account(s) ).
20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer agrees that it would be inappropriate for Customer to trade in the underlying market if the only reason for such a transaction was to affect our offer or bid prices, and Customer agrees not to engage in any transactions of this sort.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade 21.2.1 MainTrade may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 21.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade MainTrade may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 21.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade MainTrade has reasonable grounds for suspecting that Customer may have done so, AvaTrade MainTrade may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 21.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
21.2.5 Customer acknowledges that it would be improper for Customer to deal in the underlying market if the sole purpose of such a transaction was to impact on our bid or offer prices, and Customer agrees not to conduct any such transactions.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade Through opening similar positions with another institution or in the underlying market, InvestusPro may hedge our liability to you by opening analogous positions with other institutions or in the underlying marketCustomer. The result outcome of our doing us taking this step is that when you trade trading with us your trades canus, through our hedging, exert a distorting influence your trades can impart an unclear effect on the underlying market for that index, in addition as well as the effect it may cause to the impact that it may have on our own pricesprices we offer. This creates a possibility of The market abusecan be abused through this method.
20.2.2 Customer represents It is agreed, represented and warrants, warranted by customer that all such warranty and agrees that each such representation and warranty is deemed repeated replicated each time Customer opens or closes a position is opened or closed by Customer that:
(a) Customer has not and will not place and has not placed a trade an order with us relating InvestusPro related to a particular certain index or any other CFD price quotation if to do doing so would result in cause Customer, or others with whom Customer is acting in concert togetherjointly operating, having an exposure being exposed to the price quotation of the underlying financial instrument which can create a situation instigate an event of market abuse. This Such exposure can be equal equivalent to or exceeding greater than the value of a declarable interest in the applicable financial instrument. For this reason, the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be set to the prevailing level amount at the material physical time, set assigned by law law, or by the stock exchange(s) or other exchange upon which separate exchanges that facilitate the trading of the underlying financial instrument is tradedinstrument; and
(b) Customer has not and will not place and has not placed a trade an order with us in connection withInvestusPro that is related to :
(i) a distribution, placing, issue, distribution or other analogous eventanother equivalent incident;
(ii) an a takeover, merger, offer, take over, merger or other analogous eventanother equivalent incident; or
(iii) another corporate finance-style operation of any other corporate finance style activitykind, in which Customer is involved marked by Xxxxxxxx’s involvement or otherwise interestedinterest; and
(c) Customer A position will not place be placed or close a position closed by Customer, nor will and order be placed by Customer will not place an order that contravenes violates any primary or secondary legislation or other law against pertaining to market manipulation or insider dealing or market manipulationdealing. Customer agrees acknowledges that AvaTrade InvestusPro may proceed operate on the basis assumption that when Customer opens or closes a position or places an order on a share price, Customer may be treated considered as dealing in managing securities within the meaning implications of the relevant applicable statutes or regulations.
20.2.3 In the event that (a) Customer places or closes any trade is placed or places closed by Customer or an order is placed in breach violation of the representations given warranties and warranties givenrepresentations, or AvaTrade has there is reasonable grounds evidence for suspecting that Customer may have InvestusPro to suspect Customer’s having done so, AvaTrade InvestusPro may at our absolute their sole discretion and without being under free from any obligation to inform responsibility of informing Customer of our reason reasons for doing so such actions, close that the relevant trade and any other open trade or trades belonging to you during that you may have open at the time, if applicableappropriate, and also at our absolute sole discretion cancel abolish any profits or trades or profits associated linked with Customer’s account(s) ).
20.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
20.2.5 Customer agrees that it would be inappropriate for Customer to trade in the underlying market if the only reason for such a transaction was to affect our offer or bid prices, and Customer agrees not to engage in any transactions of this sort.
Appears in 1 contract
Samples: Customer Agreement
Market Abuse. 20.2.1 AvaTrade 19.2.1 Veracity Markets may hedge our liability to you by opening analogous positions with other institutions or in the underlying market. The result of our doing this is that when you trade with us your trades can, through our hedging, exert a distorting influence on the underlying market for that index, in addition to the impact that it may have on our own prices. This creates a possibility of market abuse.
20.2.2 19.2.2 Customer represents and warrants, and agrees that each such representation and warranty is deemed repeated each time Customer opens or closes a position that:
(a) Customer will not place and has not placed a trade with us relating to a particular index or any other CFD price if to do so would result in Customer, or others with whom Customer is acting in concert together, having an exposure to the price of the underlying financial instrument which can create a situation of market abuse. This exposure can be equal to or exceeding the amount of a declarable interest in the relevant financial instrument. For this purpose, the level of a declarable interest will be the prevailing level at the material time, set by law or by the stock exchange(s) or other exchange upon which the underlying financial instrument is traded; and
(b) Customer will not place and has not placed a trade with us in connection with:
(i) a placing, issue, distribution or other analogous event;
(ii) an offer, take over, merger or other analogous event; or
(iii) any other corporate finance style activity, in which Customer is involved or otherwise interested; and
(c) Customer will not place or close a position and Customer will not place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. Customer agrees that AvaTrade Veracity Markets may proceed on the basis that when Customer opens or closes a position or places an order on a share price, Customer may be treated as dealing in securities within the meaning of the relevant statutes or regulations.
20.2.3 19.2.3 In the event that (a) Customer places or closes any trade or places an order in breach of the representations and warranties given, or AvaTrade Veracity Markets has reasonable grounds for suspecting that Customer may have done so, AvaTrade Veracity Markets may at our absolute discretion and without being under any obligation to inform Customer of our reason for doing so close that trade and any other trade or trades that you may have open at the time, if applicable, and also at our absolute discretion cancel any trades or profits associated with Customer’s account(s) 20.2.4 19.2.4 Customer acknowledges that trade are speculative arrangements and Customer agrees that Customer will not enter into any transactions with us in connection with any corporate finance style activity.
Appears in 1 contract
Samples: Customer Agreement
