Right to Refuse or Reject. Aquis reserves the right, in its sole discretion, and without prior notice to the Member, to reject or cancel any order or trade, if it considers the order may be incorrect, fraudulent, manipulative or that if such an action is required to preserve a fair and orderly market, or if the order would breach or be likely to breach the Rules, this Agreement or any Applicable Law.
Right to Refuse or Reject. Notwithstanding any other provision in this Agreement, CXE reserves the right, in its sole discretion, and without prior notice to the Participant, to reject, cancel or refuse to display or execute any order. CXE also has the right to cancel any trade in accordance with the Rules. CXE‟s rights under this Clause 11 apply to orders or trades which, in CXE‟s sole determination, would violate the Rules or any applicable Laws. Notwithstanding the foregoing, CXE shall use commercially reasonable efforts to provide notice to the Participant of any such rejection, cancellation or refusal in accordance with the Rules.