Common use of Upon detecting Clause in Contracts

Upon detecting. the usage of an Islamic account (Swap Free) for performing arbitrage orders; and/or • the use of the carry trade-related strategies; and/or • an inappropriate usage or purposeful usage of an Islamic account (Swap Free) to make additional profits, the Company reserves the right to revoke the Swap Free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, or other forms of deceitful or fraudulent activity in regard to any Swap Free Account, including those referred to in clause 6.4.2 of any client, we reserve the right, at any time and with immediate effect, to:

Appears in 4 contracts

Samples: FBS Agreement, FBS Agreement, FBS Agreement

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Upon detecting. the usage of an Islamic account (Swap Free) for performing arbitrage orders; and/or the use of the carry trade-related strategies; and/or an inappropriate usage or purposeful usage of an Islamic account (Swap Free) to make additional profits, the Company reserves the right to revoke the Swap Free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, or other forms of deceitful or fraudulent activity in regard to any Swap Free Account, including those referred to in clause 6.4.2 of any client, we reserve the right, at any time and with immediate effect, to:

Appears in 1 contract

Samples: FBS Agreement

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