Common use of REFUSAL TO EXECUTE ORDERS Clause in Contracts

REFUSAL TO EXECUTE ORDERS. 11.1 The Client acknowledges and accepts that the Company shall have the right, to refuse to execute any Order, amongst others in any of the following cases: (a) Whenever the Company deems that the execution of the Order aims at or may aim at manipulating the market of the Underlying Assets, constitutes an abusive exploitation of privileged confidential information (xxxxxxx xxxxxxx); contributes to the legislation of proceeds from illegal acts or activities (money laundering); affects or may affect in any manner the reliability or smooth operation of the Platform; (b) In calculating the said available funds, all funds required to meet any of the Client's obligations include, but without limitation, obligations which may arise from the possible execution of other previously registered purchase Orders, which will be deducted from the cleared funds deposited with the Company; (c) Internet connection or communications are disrupted; (d) In consequence of request of regulatory or supervisory authorities of South Africa or a court order or antifraud or anti-money laundering authorities; (e) Where the legality or genuineness of the Order is under doubt; (f) A Force Majeure Event has occurred; (g) In an Event of Default of the Client, as stated below in paragraph 12 (h) The Company has sent a notice of Termination of the Agreement to the Client; (i) The Platform rejects the Order due to trading limits imposed; (j) Under Abnormal Market Conditions; (k) The Client does not hold adequate funds in his Balance for the specific Order. (l) Prohibition to trade any specific Trading Instrument from Liquidity provider and/or Underlying Market from time to time. 11.2 In case any Order either to Open or Close a position concerning any Financial Instrument, has been mistakenly accepted and/or executed by the Company, the Company will make every effort to maintain the Client's original position. Any charges, losses or profits incurred from the actions above, will be absorbed by the Company.

REFUSAL TO EXECUTE ORDERS. ‌ 11.1 The Client acknowledges and accepts that the Company shall have the right, to refuse to execute any Order, amongst others in any of the following cases: (a) Whenever the Company deems that the execution of the Order aims at or may aim at manipulating the market of the Underlying Assets, constitutes an abusive exploitation of privileged confidential information (xxxxxxx xxxxxxx); contributes to the legislation of proceeds from illegal acts or activities (money laundering); affects or may affect in any manner the reliability or smooth operation of the Platform; (b) In calculating the said available funds, all funds required to meet any of the Client's obligations include, but without limitation, obligations which may arise from the possible execution of other previously registered purchase Orders, which will be deducted from the cleared funds deposited with the Company; (c) Internet connection or communications are disrupted; (d) In consequence of request of regulatory or supervisory authorities of South Africa or a court order or antifraud or anti-money laundering authorities; (e) Where the legality or genuineness of the Order is under doubt; (f) A Force Majeure Event has occurred; (g) In an Event of Default of the Client, as stated below in paragraph 12 (h) The Company has sent a notice of Termination of the Agreement to the Client; (i) The Platform rejects the Order due to trading limits imposed; (j) Under Abnormal Market Conditions; (k) The Client does not hold adequate funds in his Balance for the specific Order. (l) Prohibition to trade any specific Trading Instrument from Liquidity provider and/or Underlying Market from time to time. 11.2 In case any Order either to Open or Close a position concerning any Financial Instrument, has been mistakenly accepted and/or executed by the Company, the Company will make every effort to maintain the Client's original position. Any charges, losses or profits incurred from the actions above, will be absorbed by the Company.

REFUSAL TO EXECUTE ORDERS. 11.1 ‌ 12.1. The Client acknowledges and accepts that the Company shall have the right, to refuse to execute any Order, amongst others in any of the following casesfollowingcases: (a) i. Whenever the Company deems that the execution of the Order aims at or may aim at manipulating the market of the Underlying Assets, constitutes an abusive exploitation of privileged confidential information (xxxxxxx xxxxxxx); contributes to the legislation of proceeds from illegal acts or activities (money laundering); affects or may affect in any manner the reliability or smooth operation of the PlatformthePlatform; (b) ii. In calculating the said available funds, all funds required to meet any of the Client's Client‘s obligations include, but without limitation, obligations which may arise from the possible execution of other previously registered purchase Orders, which will be deducted from the cleared funds deposited with the Company; (c) iii. Internet connection or communications are disruptedaredisrupted; (d) iv. In consequence of request of regulatory or supervisory authorities of South Africa the Republic of Cyprus or a court order or antifraud or anti-money laundering authoritieslaunderingauthorities; (e) v. Where the legality or genuineness of the Order is under doubtunderdoubt; (f) vi. A Force Majeure Event has occurred; (g) vii. In an Event of Default of the Client, as stated below in paragraph 1213; (h) viii. The Company has sent a notice of Termination of the Agreement to the Client; (i) ix. The Platform rejects the Order due to trading limits imposedlimitsimposed; (j) x. Under Abnormal Market Conditionsabnormal market conditions; (k) xi. The Client does not hold adequate funds in his Balance for the specific Order. (l) Prohibition to trade any specific Trading Instrument from Liquidity provider and/or Underlying Market from time to time. 11.2 12.2. In case any Order either to Open or Close a position concerning any Financial Instrument, has been mistakenly accepted and/or executed by the Company, the Company will make every effort to maintain the Client's Client‘s original position. Any charges, losses or profits incurred from the actions above, will be absorbed by the Company.

REFUSAL TO EXECUTE ORDERS. 11.1 16.1. The Client acknowledges and accepts that the Company shall have the right, to refuse to execute any Order, amongst others in any of the following cases: (a) i. Whenever the Company deems that the execution of the Order aims at or may aim at manipulating the market of the Underlying Assets, constitutes an abusive exploitation of privileged confidential information (xxxxxxx xxxxxxx); contributes to the legislation of proceeds from illegal acts or activities (money laundering); affects or may affect in any manner the reliability or smooth operation of the Platform; (b) ii. In calculating the said available funds, all funds required to meet any of the Client's ’s obligations include, but without limitation, obligations which may arise from the possible execution of other previously registered purchase Orders, which will be deducted from the cleared funds deposited with the Company; (c) iii. Internet connection or communications are disrupted; (d) iv. In consequence of request of regulatory or supervisory authorities of South Africa the Republic of Cyprus or a court order or antifraud or anti-money laundering authorities; (e) v. Where the legality or genuineness of the Order is under doubt; (f) vi. A Force Majeure Event has occurred; (g) vii. In an Event of Default of the Client, as stated below in paragraph 12section 18; (h) viii. The Company has sent a notice of Termination of the Agreement to the Client, in accordance with section 28; (i) ix. The Platform rejects the Order due to trading limits imposed; (j) x. Under Abnormal Market Conditionsabnormal market conditions; (k) xi. The Client does not hold adequate funds in his Balance for the specific Order. (l) Prohibition to trade any specific Trading Instrument from Liquidity provider and/or Underlying Market from time to time. 11.2 16.2. In case any Order either to Open or Close a position concerning any Financial Instrument, has been mistakenly accepted and/or executed by the Company, the Company will make every effort to maintain the Client's ’s original position. Any charges, losses or profits incurred from the actions above, will be absorbed by the Company.