Common use of REFUSAL TO EXECUTE ORDERS Clause in Contracts

REFUSAL TO EXECUTE ORDERS. 11.1 The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order or request or instruction of the client, including without limitation in the following cases: • If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the trading platform. • If the client does not have sufficient available funds deposited with the Company or in his bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the trading platform. If the Company does refuse to execute an order, such refusal will 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. 11.2 The Client declares that he shall not knowingly give any order or instruction to the Company that might instigate the Company taking action in accordance with Paragraph 11.1 above.

REFUSAL TO EXECUTE ORDERS. 11.1 The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order or request or instruction of the clientorder, including without limitation in the following cases: • If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the trading platform. • If the client does not have sufficient available funds deposited with the Company or in his bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the trading platform. If In the event that the Company does refuse to execute an order, such refusal will 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. 11.2 The Client declares that he shall not knowingly give any order or instruction to the Company that might instigate the Company taking action in accordance with Paragraph 11.1 above.