Common use of PROHIBITION ON ARBITRAGE AND MANIPULATION Clause in Contracts

PROHIBITION ON ARBITRAGE AND MANIPULATION. 20.1 AvaTrade does not permit the practice of arbitrage when trading and strictly forbids any form of manipulation of its prices, execution, and platform or making transactions based on errors, omissions or misquotes on the AvaTrade platform. 20.2 Price latency, connectivity delays, and price feed errors sometimes create a situation where the prices displayed do not accurately reflect market rates. The concept of arbitrage and "scalping", or taking advantage of these Internet delays, cannot exist in an OTC market where the client is buying or selling directly from the market maker. 20.3 Any transactions that rely on price latency or price feed errors may be subject to intervention which includes the right to void any transactions which AvaTrade has determined to be a result of any of these practices, revocation of profits, widening of spreads, block of trading and any other necessary corrections or adjustments on the account without prior notice. 20.4 If AvaTrade suspects or has reason to believe that Customer has abused the terms and conditions by hedging positions internally (using other trading accounts held with AvaTrade) or externally (using other trading accounts held with other brokers), AvaTrade reserves the right to cancel any trades or profits associated with Customer’s account(s).

PROHIBITION ON ARBITRAGE AND MANIPULATION. 20.1 20.1.1 AvaTrade does not permit the practice of arbitrage when trading and strictly forbids any form of manipulation of its prices, execution, and platform or making transactions based on errors, omissions or misquotes on the AvaTrade platform. 20.2 20.1.2 Price latency, connectivity delays, and price feed errors sometimes create a situation where the prices displayed do not accurately reflect market rates. The concept of arbitrage and "scalping", or taking advantage of these Internet delays, cannot exist in an OTC market where the client is buying or selling directly from the market maker. 20.3 20.1.3 Any transactions that rely on price latency or price feed errors may be subject to intervention which includes the right to void any transactions which AvaTrade has determined to be a result of any of these practices, revocation of profits, widening of spreads, block of trading and any other necessary corrections or adjustments on the account without prior notice. 20.4 20.1.4 If AvaTrade suspects or has reason to believe that Customer has abused the terms and conditions by hedging positions internally (using other trading accounts held with AvaTrade) or externally (using other trading accounts held with other brokers), AvaTrade reserves the right to cancel any trades or profits associated with Customer’s account(s).

PROHIBITION ON ARBITRAGE AND MANIPULATION. 20.1 AvaTrade Friedberg Direct does not permit the practice of arbitrage when trading and strictly forbids any form of manipulation of its prices, execution, and platform or making transactions based on errors, omissions or misquotes on the AvaTrade Friedberg Direct platform. 20.2 Price latency, connectivity delays, and price feed errors sometimes create a situation where the prices displayed do not accurately reflect market rates. The concept of arbitrage and "scalping", or taking advantage of these Internet delays, cannot exist in an OTC market where the client is buying or selling directly from the market maker. 20.3 Any transactions that rely on price latency or price feed errors may be subject to intervention which includes the right to void any transactions which AvaTrade Friedberg Direct has determined to be a result of any of these practices, revocation of profits, widening of spreads, block of trading and any other necessary corrections or adjustments on the account without prior notice. 20.4 If AvaTrade Friedberg Direct suspects or has reason to believe that Customer has abused the terms and conditions by hedging positions internally (using other trading accounts held with AvaTradeFriedberg Direct) or externally (using other trading accounts held with other brokers), AvaTrade Friedberg Direct reserves the right to cancel any trades or profits associated with Customer’s account(s).

PROHIBITION ON ARBITRAGE AND MANIPULATION. 20.1 AvaTrade Oceix does not permit the practice of arbitrage when trading and strictly forbids any form of manipulation of its prices, execution, and platform or making transactions based on errors, omissions or misquotes on the AvaTrade Oceix platform. 20.2 Price latency, connectivity delays, and price feed errors sometimes create a situation where the prices displayed do not accurately reflect market rates. The concept of arbitrage and "scalping", or taking advantage of these Internet delays, cannot exist in an OTC market where the client is buying or selling directly from the market maker. 20.3 Any transactions that rely on price latency or price feed errors may be subject to intervention which includes whichincludes the right to void any transactions which AvaTrade Oceix has determined to be a result of any of these practicesthesepractices, revocation of profits, widening of spreads, block of trading and any other necessary corrections or adjustments on the account without prior notice. 20.4 If AvaTrade Oceix suspects or has reason to believe that Customer has abused the terms and conditions by Terms of Useby hedging positions internally (using other trading accounts held with AvaTradeOceix ) or externally (using other trading accounts held with other brokers), AvaTrade tradingaccounts heldwithotherbrokers),Oceix reserves the right to cancel any trades therighttocancelanytrades or profits associated with associatedwith Customer’s account(s).