Common use of PRINCIPAL'S MARKET Clause in Contracts

PRINCIPAL'S MARKET. CFD's are not traded on a regulated market and therefore do not require open outcry . Instead, CFD's are traded in the over-the-counter dealer market. BMFN Limited ("BMFN ") is a dealer in CFD's and, as such, may be a counterparty to you r transactions. You will therefore transact at prices established by BMFN. Even though BMFN's quotations and prices are assisted by many computer-based component systems, its quotations and prices may vary due to market liquidity and may not be as favorable as those of other dealers. BMFN's trading facilities are supported by computer-based component systems for the order-routing, execution or matching of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses is subject to limits on liability set forth in the BMFN Client Agreement and the Online Services and Electronic Trading Agreement and the agreements of other dealers, banks or financial institutions which may at times act as your counterparty.

PRINCIPAL'S MARKET. CFD's are not traded on a regulated market and therefore do not require open outcry . Instead, CFD's are traded in the over-the-the­ counter dealer market. BMFN Limited ("BMFN BMFN") is a dealer in CFD's and, as such, may be a counterparty to you r your transactions. You will therefore transact at prices established by BMFN. Even though BMFN's quotations and prices are assisted by many computer-based component systems, its quotations and prices may vary due to market liquidity and may not be as favorable as those of other dealers. BMFN's trading facilities are supported by computer-based component systems for the order-routing, execution or matching of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses is subject to limits on liability set forth in the BMFN Client Agreement and the Online Services and Electronic Trading Agreement and the agreements of other dealers, banks or financial institutions which may at times act as your counterparty.