Common use of Technical Risk Clause in Contracts

Technical Risk. The Client accepts the risk caused by software or telecommunications facilities failures as well as by other technical problems. The Company is not responsible for Client’s losses sustained due to non-observance of instructions included in the Ghost Trader client terminal user guide. The Client accepts the risk of executing unplanned trading transactions in the case of repeating an order before the last order processing results were received. The Client must keep passwords and ensure that third parties will not have access to the trading system. The Client will be subject to the trading obligation, assumed by him/her on the one part and by the Company on the other part, executed using Client’s password even if the password was used by a third party. The Client realizes that the information en Xxxxx (sent via email, instant messenger service) is not protected from unauthorized access.