Common use of Right to Reject Order Clause in Contracts

Right to Reject Order. We may reject your offer to open or close a Transaction without notice, if we reasonably believe:- i) your offer to open or close the Transaction is given while the quote is no longer valid; ii) our quote contains a Manifest Error; iii) the Transaction exceeds the maximum Order amount; iv) the Order is placed in reliance on price latency opportunities including any Orders placed using API, or by attempting to game or abuse the system; v) you have insufficient funds available on your Account to cover the Margin associated with an opening Transaction or maintaining an Open Position, or you would breach any other limit placed on your dealings by us or required of us by Applicable Law; vi) you have benefitted from any unfair advantage or acted in an unfair or abusive manner in respect of our systems, platforms or Accounts, for example: a. using any electronic device, software, algorithm or any trading strategy that aims to manipulate or take unfair advantage; b. exploiting a fault, loophole or error in our software, systems or platforms; c. collusion; or d. using trading strategies designed to return profits by taking advantage of latencies in a platform, delayed prices or through high volumes of Transactions opened and closed within an unusually short period of time as compared to the “average” client.