REFUSAL TO EXECUTE ORDERS. The Company reserves the right, at any time during its relationship with the Client and at its own discretion, to refuse the provision of any investment or ancillary service, including but not limited to the execution of instructions for the purpose of trading in Financial Instruments, without giving any notice and/or explanation to the Client. Among the cases that the Company is entitled to do so are the following (the list is not exhaustive): i. If the Client does not have the required funds deposited in the Company’s Client trading account; ii. Whenever the Company is of the opinion that the order violates the smooth operation or the reliability of the Company’s Trading Platform; iii. Whenever the Company is of the opinion that the order aims at manipulating the market of the specific Financial Instrument; iv. Whenever the Company is of the opinion that the order is a result of the use of inside confidential information (xxxxxxx xxxxxxx); v. Whenever the Company is of the opinion that the order aims to legalise the proceeds from illegal acts or activities (money laundering). The Company reserves the right to refuse the execution of a pending order and/or modify the opening/closing price of an order in case a technical or any other type of error occurs. The Client accepts that any refusal by the Company to execute any of his/her Order shall be without prejudice and shall not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his assets. The Client accepts and acknowledges that the Company is not responsible in case a Client’s order is delayed or not even executed at the price
Appears in 5 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
REFUSAL TO EXECUTE ORDERS. The Company reserves the right, at any time during its relationship with the Client and at its own discretion, to refuse the provision of any investment or ancillary service, including but not limited to the execution of instructions for the purpose of trading in Financial Instruments, without giving any notice and/or explanation to the Client. Among the cases that the Company is entitled to do so are the following (the list is not exhaustive):
i. If the Client does not have the required funds deposited in the Company’s Client trading account;
ii. Whenever the Company is of the opinion that the order violates the smooth operation or the reliability of the Company’s Trading Platform;
iii. Whenever the Company is of the opinion that the order aims at manipulating the market of the specific Financial Instrument;
iv. Whenever the Company is of the opinion that the order is a result of the use of inside confidential information (xxxxxxx xxxxxxx);
v. Whenever the Company is of the opinion that the order aims to legalise the proceeds from illegal acts or activities (money laundering). The Company reserves the right to refuse the execution of a pending order and/or modify the opening/closing price of an order in case a technical or any other type of error occurs. The Client accepts that any refusal by the Company to execute any of his/her Order shall be without prejudice and shall not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his assets. The Client accepts and acknowledges that the Company is not responsible in case a Client’s order is delayed or not even executed at the priceprice Kingstown, VC0100 St. Xxxxxxx and the Grenadines Email: xxxxxxxxx@xxxxxxxxxxxxxxxx.xxx Web: xxx.xxxxxxxxxxxxxxxx.xxx
Appears in 4 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
REFUSAL TO EXECUTE ORDERS. The Company reserves the right, at any time during its relationship with the Client and at its own discretion, to refuse the provision of any investment or ancillary service, including but not limited to the execution of instructions for the purpose of trading in Financial Instruments, without giving any notice and/or explanation to the Client. Among the cases that the Company is entitled to do so are the following (the list is not exhaustive):
i. If the Client does not have the required funds deposited in the Company’s Client trading account;
ii. Whenever the Company is of the opinion that the order violates the smooth operation or the reliability of the Company’s Trading Platform;
iii. Whenever the Company is of the opinion that the order aims at manipulating the market of the specific Financial Instrument;
iv. Whenever the Company is of the opinion that the order is a result of the use of inside confidential information (xxxxxxx xxxxxxx);
v. Whenever the Company is of the opinion that the order aims to legalise the proceeds from illegal acts or activities (money laundering). The Company reserves the right to refuse the execution of a pending order and/or modify the opening/closing price of an order in case a technical or any other type of error occurs. The Client accepts that any refusal by the Company to execute any of his/her Order shall be without prejudice and shall not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his assets. The Client accepts and acknowledges that the Company is not responsible in case a Client’s order is delayed or not even executed at the priceprice Suite 305, Xxxxxxxx Corporate Centre P.O. Box 1510, Beachmont, Kingstown St. Xxxxxxx and the Grenadines Email: xxxxxxxxx@xxxxxxxxxxxxxxxx.xxx Web: xxx.xxxxxxxxxxxxxxxx.xxx
Appears in 1 contract
Samples: Client Agreement