Common use of WIDENED SPREADS Clause in Contracts

WIDENED SPREADS. Client understands and acknowledges that there may be instances where spreads widen beyond the typical spreads offered. During volatile markets, such as news announcements, spreads may widen substantially in order to compensate for increased market volatility. Client is advised to utilize extreme caution when trading during increased volatility in the markets, including major news events, as widened spreads can adversely affect all positions in an account including hedged positions. BMFN is authorized, in its absolute discretion, to rollover or offset all or any portion of positions maintained in CFD’s on currencies within Client’s Account(s), maintained on any electronic trading platform at Client’s risk. A position carried forward may be credited or debited interest charges until the position is closed. All CFD’s on Futures are not rolled over at contract expiration. BMFN shall close all positions at expiration of Futures contracts and client may, at his/her sole discretion, elect to purchase a new contract. At its discretion, BMFN may elect to offer Client an interest free account whereby positions carried forward will not be credited or debited interest charges. Client agrees and acknowledges that such interest free terms shall be granted by BMFN only as a result of representations made by Client and that BMFN shall have the authority to, at its own discretion, elect to retroactively cancel such interest free terms and account activity after making determinations of the lack of authenticity of such representations, including determining that Client is maintaining interest bearing accounts elsewhere. BMFN is authorized to cancel all trading activity of such account since inception following its determination and will return the original deposit(s) to Client.

WIDENED SPREADS. Client understands and acknowledges that there may be instances where spreads widen beyond the typical spreads offered. During volatile markets, such as news announcements, spreads may widen substantially in order to compensate for increased market volatility. Client is advised to utilize extreme caution when trading during increased volatility in the markets, including major news events, as widened spreads can adversely affect all positions in an account including hedged positions. BMFN is authorized, in its absolute discretion, to rollover or offset all or any portion of positions maintained in CFD’s CFDs on currencies within Client’s 's Account(s), maintained on any electronic trading platform at Client’s 's risk. A position carried forward may be credited or debited interest charges until the position is closed. All CFD’s CFDs on Futures are not rolled over at contract expiration. BMFN shall close all positions at expiration of Futures contracts and client may, at his/her sole discretion, elect to purchase a new contract. At its discretion, BMFN may elect to offer Client an interest free account whereby positions carried forward will not be credited or debited interest charges. Client agrees and acknowledges that if such interest free terms shall be granted an account is offered by BMFN only as a result of representations made by Client and that to Client, BMFN shall have has the authority to, at its own discretiondiscretion and at anytime and for any reason, elect begin crediting and/or debiting interest charges to retroactively cancel such interest free terms and said account activity after making determinations of the lack of authenticity of such representations, including determining that Client is maintaining interest bearing accounts elsewhere. BMFN is authorized to cancel all trading activity of such account since inception following its determination and will return the original deposit(s) without prior notice to Client.