PRICE LATENCY TRADING AND EA POLICY Sample Clauses

PRICE LATENCY TRADING AND EA POLICY. In order to ensure the stability of the Trading Platform and Products, any trading Accounts using price latency trading strategies (we define price latency trading as a method a client uses where they open and close Contracts within 120 seconds, and this price latency trades constitute more than 25% of total trades the client conducts via the trading Account). FAIRMARKETS permits the use of EA strategies (EA stands for Expert Advisor, which is an added on software linked to a trading platform and allows for automatic trades under certain conditions). However, EA strategies which use price latency trading or scalping may be closed at any time at the discretion of FAIRMARKETS. AFS License Number 424122 Last Updated: 29.09.2021 FAIRMARKETS reserves the right to, and the customer agrees to allow, FAIRMARKETS to:
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