Common use of Market Abuse Clause in Contracts

Market Abuse. 22.1. When we execute a Transaction on your behalf, we may buy or sell directly from or to other financial institutions units in the relevant product. The result is that when you enter into Transactions with us, your Transactions can have an impact on the external market for that product in addition to the impact it might have on our price. This creates a possibility of market abuse and the purpose of this Clause is to prevent such abuse. 22.2. You represent and warrant to us at the time you enter into the Account Agreement and every time you enter into a Transaction or give us any Order that you will not place and have not placed a Transaction that contravenes any law or regulation prohibiting market manipulation or any other form of market abuse or market misconduct. You will act in accordance with all Applicable Laws. 22.3. In the event that you place any Transaction or otherwise act in breach of the representations and warranties given in this Clause or any other Clause of these Terms or we have reasonable grounds for believing that you have done so, we may, in addition to any rights we may have under these Terms: (a) enforce the Transaction(s) against you if it is a Transaction(s) which results in Liabilities; and/or (b) treat all your Transactions as void if they are Transactions which result in us owing funds to you, unless and until you produce conclusive evidence to our satisfaction within thirty (30) calendar days of our request that you have not in fact committed any breach of warranty, representation or undertaking under the Account Agreement. 22.4. We are entitled (and in some cases required) to report to any relevant regulatory authority details of any Transaction or Order which would be deemed to constitute market abuse. You may also be required to make appropriate disclosures and you undertake that you will do so where so required.

Market Abuse. 22.132.1. When we execute a Transaction on your behalf, we may buy or sell on securities exchanges or directly from or to other financial institutions shares or units in the relevant productInstrument. The result is that when you enter into Transactions with us, your Transactions can have an impact on the external market for that product Instrument in addition to the impact it might have on our price. This creates a possibility of market abuse and the purpose of this Clause clause is to prevent such abuse. 22.232.2. You represent and warrant to us at the time you enter into the Account Agreement these Terms and every time you enter into a Transaction or give us any other Order that you will not place and have not placed a Transaction that contravenes any law or regulation prohibiting insider dealing, market manipulation or any other form of market abuse or market misconductmisconduct (including, with limitation, short selling). You will act in accordance with all Applicable Lawsapplicable laws and regulations. 22.332.3. In the event that you place any Transaction or otherwise act in breach of the representations and warranties given in this Clause clause or any other Clause clause of these Terms or we have reasonable grounds for believing that you have done so, we may, in addition to any rights we may have under these Terms, may: (a) enforce Enforce the Transaction(s) against you if it is a Transaction(s) which results in Liabilitiesyou owing us funds; and/or (b) treat Treat all your Transactions as void if they are Transactions which result in us owing funds to you, unless and until you produce conclusive evidence to our satisfaction within thirty (30) calendar 30 days of our request that you have not in fact committed any breach of warranty, representation misrepresentation or undertaking under the Account Agreementthese Terms. 22.432.4. We are entitled (and in some cases required) to report to any relevant regulatory authority details of any Transaction or Order instruction which would be deemed to constitute market abuse. You may also be required to make appropriate disclosures and you undertake that you will do so where so required.

Market Abuse. 22.132.1. When we execute a Transaction on your behalf, we may buy or sell on securities exchanges or directly from or to other financial institutions shares or units in the relevant productInstrument. The result is that when you enter into Transactions with us, your Transactions can have an impact on the external market for that product Instrument in addition to the impact it might have on our price. This creates a possibility of market abuse and the purpose of this Clause clause is to prevent such abuse. 22.232.2. You represent and warrant to us at the time you enter into the Account Agreement these Terms and every time you enter into a Transaction or give us any other Order that you will not place and have not placed a Transaction that contravenes any law or regulation prohibiting insider dealing, market manipulation or any other form of market abuse or market misconductmisconduct (including, with limitation, short selling). You will act in accordance with all Applicable Lawsapplicable laws and regulations. 22.332.3. In the event that you place any Transaction or otherwise act in breach of the representations and warranties given in this Clause clause or any other Clause clause of these Terms or we have reasonable grounds for believing that you have done so, we may, in addition to any rights we may have under these Terms, may: (a) enforce the Transaction(s) against you if it is a Transaction(s) which results in Liabilitiesyou owing us funds; and/or (b) treat all your Transactions as void if they are Transactions which result in us owing funds to you, unless and until you produce conclusive evidence to our satisfaction within thirty (30) calendar 30 days of our request that you have not in fact committed any breach of warranty, representation misrepresentation or undertaking under the Account Agreementthese Terms. 22.432.4. We are entitled (and in some cases required) to report to any relevant regulatory authority details of any Transaction or Order instruction which would be deemed to constitute market abuse. You may also be required to make appropriate disclosures and you undertake that you will do so where so required.

Market Abuse. 22.1. 32.1 When we execute a Transaction on your behalf, we may buy or sell on securities exchanges or directly from or to other financial institutions shares or units in the relevant productInstrument. The result is that when you enter into Transactions with us, your Transactions can have an impact on the external market for that product Instrument in addition to the impact it might have on our price. This creates a possibility of market abuse and the purpose of this Clause clause is to prevent such abuse. 22.2. 32.2 You represent and warrant to us at the time you enter into the Account Agreement these Terms and every time you enter into a Transaction or give us any other Order that you will not place and have not placed a Transaction that contravenes any law or regulation prohibiting insider dealing, market manipulation or any other form of market abuse or market misconductmisconduct (including, with limitation, short selling). You will act in accordance with all Applicable Lawsapplicable laws and regulations. 22.3. 32.3 In the event that you place any Transaction or otherwise act in breach of the representations and warranties given in this Clause clause or any other Clause clause of these Terms or we have reasonable grounds for believing that you have done so, we may, in addition to any rights we may have under these Terms, may: (a) enforce the Transaction(s) against you if it is a Transaction(s) which results in Liabilitiesyou owing us funds; and/or (b) treat all your Transactions as void if they are Transactions which result in us owing funds to you, unless and until you produce conclusive evidence to our satisfaction ADSS Margin Terms of Business October 2016 within thirty (30) calendar 30 days of our request that you have not in fact committed any breach of warranty, representation misrepresentation or undertaking under the Account Agreementthese Terms. 22.4. 32.4 We are entitled (and in some cases required) to report to any relevant regulatory authority details of any Transaction or Order instruction which would be deemed to constitute market abuse. You may also be required to make appropriate disclosures and you undertake that you will do so where so required.

Market Abuse. 22.127.1. When we execute a Transaction on your behalffor you, we may buy or sell on securities exchanges or directly from or to other financial institutions units in and/or hedge our exposure to you by opening the relevant productsame positions with other institutions. The result is This means that when you enter into place Transactions with us, your Transactions they can have an impact on the external market for that product instrument in addition to the impact it might have on our price. This creates a possibility of market abuse and the purpose of this Clause clause is to prevent such abuse. Your Transactions may also constitute financial instruments subject to local market abuse rules (both civil and criminal). 22.227.2. You represent and warrant to us that, at the time you enter into the Account Agreement this GTC, and every time you enter into open a Transaction or give us any Order that you with us: a) You will not place and have not placed a Transaction that contravenes any law or regulation prohibiting insider dealing, market manipulation or any other form of market abuse or market misconduct; and b) You will not and have not placed a Transaction in connection with a placing, issue, distribution, an offer, takeover, merger, any corporate finance activity, or any similar event. It is strictly prohibited to place an order that contravenes any primary or secondary legislation or other law against insider dealing or market manipulation. As perthis GTC, you agree that we may proceed on the basis that when you open or close a Transaction or place an Order with us on a share price, we may treat you as dealing in an Investment or a related investment as per the meaning set by DFSA within the DFSA Rules and DIFC Markets Law 2012. 27.3. You will act acknowledge that it would be improper and potentially illegal for you to trade if the sole purpose of such a Transaction was to manipulate prices in accordance with all Applicable Lawsorder to gain an unfair advantage, and you must not conduct any such Transactions. 22.327.4. In order to comply with legal and regulatory obligations we may in our reasonable discretion, and without being under any obligation to inform you of our reason for doing so, treat all Transactions that violate this clause as void. 27.5. Further, we may also be entitled (and in some cases, required) to report to any relevant regulatory authority details of any transaction or instruction. 27.6. In the event that you place any a Transaction or otherwise act in breach of the representations and warranties given in this Clause or any other Clause of these Terms or we have reasonable grounds for believing that you have done so, we mayclause, in addition to any other rights we may have under these Termsthis GTC, we may: (a) enforce Enforce the Transaction(s) Transaction against you if it is a Transaction(s) Transaction which results in Liabilitiesyou owing money to us; and/or (b) treat Treat all of your Transactions as void if they are Transactions which result in us owing funds money to you, unless ; c) Unless and until you produce conclusive evidence to our satisfaction within thirty (30) calendar 30 days of our request which (in our reasonable discretion) satisfies us that you have not in fact committed any breach of warranty, representation or undertaking under the Account Agreementthis clause. 22.400.0. We are entitled (Xxx agree to indemnify the Company and in some cases required) its affiliates for, and to report to hold the Company and its affiliates harmless from, any relevant regulatory authority details loss or expense that such Company or its affiliates may sustain or incur as a consequence of any Transaction or Order which would be deemed to constitute market abuse. You may also be required to make appropriate disclosures and you undertake that you will do so where so requiredyour breach of this clause 28.

Market Abuse. 22.1. 22.1 When we execute a Transaction on your behalf, we may buy or sell directly from or to other financial institutions units in the relevant product. The result is that when you enter into Transactions with us, your Transactions can have an impact on the external market for that product in addition to the impact it might have on our price. This creates a possibility of market abuse and the purpose of this Clause is to prevent such abuse. 22.2. 22.2 You represent and warrant to us at the time you enter into the Account Agreement and every time you enter into a Transaction or give us any Order that that: you will not place and have not placed a Transaction that contravenes any law or regulation prohibiting market manipulation or any other form of market abuse or market misconduct. You will act in accordance with all Applicable Laws. 22.3. 22.3 In the event that you place any Transaction or otherwise act in breach of the representations and warranties given in this Clause or any other Clause of these Terms or we have reasonable grounds for believing that you have done so, we may, in addition to any rights we may have under these Terms: (a) enforce the Transaction(s) against you if it is a Transaction(s) which results in Liabilities; and/or (b) treat all your Transactions as void if they are Transactions which result in us owing funds to you, unless and until you produce conclusive evidence to our satisfaction within thirty (30) calendar days of our request that you have not in fact committed any breach of warranty, representation or undertaking under the Account Agreement. 22.4. 22.4 We are entitled (and in some cases required) to report to any relevant regulatory authority details of any Transaction or Order which would be deemed to constitute market abuse. You may also be required to make appropriate disclosures and you undertake that you will do so where so required.