Common use of Mistrades and misquotes Clause in Contracts

Mistrades and misquotes. For the execution of the commission orders placed by the Customer, Trade Republic uses the respective electronic trading system provided by the execution venues or trading partners (hereinafter "Trading Partners"). The agreements concluded with the Trading Partners provide for a reversal option in the event of prices, which are not in line with the fair market price. If, in connection with the execution of a Customer order, the trading partner mistakenly uses an incorrect price as a basis due to a technically justified malfunction of the trading system or due to an operating error or similar reasons, which deviates significantly and obviously from the market-adequate price - the reference price - at the time of the conclusion of the transaction (mistrade or misquote), the trading partner is entitled to a contractual right of withdrawal/cancellation vis-à-vis Trade Republic. In this case, Trade Republic will also cancel the execution of the securities transaction vis-à-vis 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). As an investment services company, Trade Republic is obliged to strive for the best possible execution of Customer orders (hereinafter: "Securities Orders"). In this context, Trade Republic shall establish execution policies and inform the Customer of these execution policies prior to the first provision of investment services and obtain the Customer's consent to these policies. However, if an investment services company acts on the Customer's instructions, this obligation shall be deemed to have been fulfilled upon execution of the instructions.

Mistrades and misquotes. For the execution of the commission orders placed by the Customer, Trade Republic uses the respective electronic trading system provided by the execution venues or trading partners (hereinafter "Trading Partners"). The agreements concluded with the Trading Partners provide for a reversal option in the event of prices, which are not in line with the fair market price. If, in connection with the execution of a Customer order, the trading partner mistakenly uses an incorrect price as a basis due to a technically justified malfunction of the trading system or due to an operating error or similar reasons, which deviates significantly and obviously from the market-adequate price - the reference price - at the time of the conclusion of the transaction (mistrade or misquote), the trading partner is entitled to a contractual right of withdrawal/cancellation vis-vis- à-vis Trade Republic. In this case, Trade Republic will also cancel the execution of the securities transaction vis-à-vis 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). As an investment services company, Trade Republic is obliged to strive for the best possible execution of Customer orders (hereinafter: "Securities Orders"). In this context, Trade Republic shall establish execution policies and inform the Customer of these execution policies prior to the first provision of investment services and obtain the Customer's consent to these policies. However, if an investment services company acts on the Customer's instructions, this obligation shall be deemed to have been fulfilled upon execution of the instructions.