Common use of Mistrades and misquotes Clause in Contracts

Mistrades and misquotes. For the execution of commission orders placed by the Customer, Trade Republic uses the electronic trading system provided by the Execution Venues. The contract concluded with the operator of the respective execution venue provides for a reversal option in the event of the formation of prices that are not in line with the fair market value. If, in connection with the execution of a Customer order, the trading partner mistakenly uses an incorrect price as a basis, which deviates significantly and obviously from the price that was appropriate for the market - the reference price - at the time the transaction was concluded (mistrade or misquote), the trading partner has a contractual right of withdrawal/cancellation/adjustment vis-à-vis Trade Republic at its discretion. In this case, Trade Republic will also cancel or adjust the execution of the crypto trade towards the Customer. The Customer can view the regulations on mistrades or misquotes of the individual Execution Venues in the Application (Profile/Settings/Legal/Current Documents/Information on Trading Venues).

Mistrades and misquotes. For the execution of commission orders placed by the Customer, Trade Republic uses the electronic trading system provided by the Execution Venues. The contract concluded with the operator of the respective execution venue provides for a reversal option in the event of the formation of prices that are not in line with the fair market value. If, in connection with the execution of a Customer order, the trading partner mistakenly uses an incorrect price as a basis, which deviates significantly and obviously from the price that was appropriate for the market - the reference price - at the time the transaction was concluded (mistrade or misquote), the trading partner has a contractual right of withdrawal/cancellation/adjustment vis-à-vis Trade Republic at its discretion. In this case, Trade Republic will also cancel or adjust the execution of the crypto trade towards the Customer. The Customer can view the regulations on mistrades or misquotes of the individual Execution Venues in the Application (Profile/Settings/Legal/Current Documents/Information on Trading Venues).