Common use of Churning Clause in Contracts

Churning. Tradeview reserves the right to monitor the activities of all counterparties and to take such measures as it deems necessary to discourage counterparties from churning or over-trading accounts, including but not limited to canceling payments of rebates and or/commissions with or without notice. Churning/over-trading means excessive trading of a discretionary account by a person with control over the account for the purpose of generating commissions while disregarding the interests of the Client.

Churning. Tradeview Ltd. reserves the right to monitor the activities of all counterparties and to take such measures as it deems necessary to discourage counterparties from churning or over-trading accounts, including but not limited to to, canceling payments of rebates and orr/commissions with or without sufficient notice. Churning/over-trading means excessive trading of a discretionary account by a person with control over the account for the purpose of generating commissions while disregarding the interests of the Clientcustomer.