Prohibited Actions. 11.1. It is absolutely prohibited for the Client to take any of the following actions in relation to the Platform(s): a) Use any software, which applies artificial intelligence analysis to the Company’s systems and/or Platform(s). b) Intercept, monitor, damage or modify any communication which is not intended for him. c) Use any type of spider, virus, worm, Trojan‐horse, time bomb or any other codes or instructions that are designed to distort, delete, damage or disassemble the Platform(s) or the communication system or any system of the Company. d) Send any unsolicited commercial communication not permitted under applicable law or Applicable Regulations. e) Do anything that will or may violate the integrity of the Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation. f) Unlawfully access or attempt to gain access, reverse engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s). g) Any action that could potentially allow the irregular or unauthorized access or use of the Platform(s). 11.2. Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), or should the Company determine, their sole discretion, and in good faith, that the Client or any representative of theirs trading on their behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following: a) Fraud/illegal actions that led to the transaction; b) Arbitrage trading, such as “Swap Arbitrage” “Latency Arbitrage” or “Bonus Arbitrage” on Prices offered by the Company’s platforms c) Scalping trade or placing and closing orders or entering into positions for an arbitrarily short period of time d) Under no circumstances is the client allowed to use an IP address other than the IP address of their geolocation. Shall the client wish to use a different IP address for any reason, the Company should be notified immediately. e) Orders placed based on manipulated Prices as a result of system errors or system malfunctions f) Arbitrage trading on Prices offered by the Company’s platform as a result of systems errors and/or g) Coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates. h) Orders placed on the basis of privileged confidential information The Company shall have the right to take any of the following actions: a) Adjust the Price Spreads available to the Client; and/or b) Restrict the Client’s access to streaming, instantly tradable quotes, including providing manual quotation only; introduce time delays of up to 6 seconds between the Client’s placing of the order and the order opening on the Electronic Trading Platforms (to prevent scalping); and/or c) Obtain from the Client Account any historic trading profits that the Client has gained through such abuse of liquidity as determined by the Company at any time during the Company and Client’s trading relationship; and/or d) Reject an order or to cancel a trade; and/or e) Immediately terminate this Agreement. 11.3. Should the Company reasonably suspect that the Client has violated the terms of paragraph 11.1, it is entitled to take one or more of the counter measures of paragraph 31 of this Agreement.
Appears in 8 contracts
Sources: Terms and Conditions, Terms and Conditions, Terms and Conditions
Prohibited Actions. 11.1. 21.5.1 It is absolutely prohibited for the Client to take any of the following actions in relation to the Platform(s):
a) a. Use any software, which applies artificial intelligence analysis to the Company’s systems and/or Platform(s).
b) b. Intercept, monitor, damage or modify any communication which is not intended for him.
c) c. Use any type of spider, virus, worm, Trojan‐horse, time bomb or any other codes or instructions that are designed to distort, delete, damage or disassemble the Platform(s) or the communication system or any system of the Company.
d) d. Send any unsolicited commercial communication not permitted under applicable law or Applicable Regulations.
e) e. Do anything that will or may violate the integrity of the Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation.
f) f. Unlawfully access or attempt to gain access, reverse engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s).
g) g. Any action that could potentially allow the irregular or unauthorized access or use of the Platform(s).
11.2. 21.5.2 Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), or should the Company determine, their sole discretion, and in good faith, that the Client or any representative of theirs trading on their behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following:
a) a. Fraud/illegal actions that led to the transaction;
b) b. Arbitrage trading, such as “Swap Arbitrage” “Latency Arbitrage” or “Bonus Arbitrage” on Prices offered by the Company’s platforms
c) c. Scalping trade or placing and closing orders or entering into positions for an arbitrarily short period of timetime and/or any other methods of scalping.
d) d. The use of any automated trading systems, such as robot trading e.t.c
e. Under no circumstances is the client allowed to use an IP address other than the IP address of their geolocation. Shall the client wish to use a different IP address for any reason, the Company should be notified immediately.
e) f. Orders placed based on manipulated Prices as a result of system errors or system malfunctions
f) g. Arbitrage trading on Prices offered by the Company’s platform as a result of systems errors and/or
g) h. Coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates.
h) i. Orders placed on the basis of privileged confidential information j. Any other behavior which the Company reasonably believes that is used by the Client to manipulate and/or attempt to manipulate the trading platform and/or the overall trading environment and/or conditions.
21.5.3 The Company shall have the right to take any of the following actions:
a) a. Adjust the Price Spreads available to the Client; and/or
b) b. Restrict the Client’s access to streaming, instantly tradable quotes, including providing manual quotation only; introduce time delays of up to 6 seconds between the Client’s placing of the order and the order opening on the Electronic Trading Platforms (to prevent scalping); and/or
c) c. Obtain from the Client Account any historic trading profits that the Client has gained through such abuse of liquidity as determined by the Company at any time during the Company and Client’s trading relationship; and/or
d) Reject an order or to cancel a trade; and/or
e) Immediately terminate this Agreement.
11.3. Should the Company reasonably suspect that the Client has violated the terms of paragraph 11.1, it is entitled to take one or more of the counter measures of paragraph 31 of this Agreement.
Appears in 4 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
Prohibited Actions. 11.1. It is absolutely prohibited for the Client to take any of the following actions in relation to the Platform(s):
a) Use any software, which applies artificial intelligence analysis to the Company’s systems and/or Platform(s).
b) Intercept, monitor, damage or modify any communication which is not intended for him.
c) Use any type of spider, virus, worm, Trojan‐horse, time bomb or any other codes or instructions that are designed to distort, delete, damage or disassemble the Platform(s) or the communication system or any system of the Company.
d) Send any unsolicited commercial communication not permitted under applicable law or Applicable Regulations.
e) Do anything that will or may violate the integrity of the Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation.
f) Unlawfully access or attempt to gain access, reverse engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s).
g) Any action that could potentially allow the irregular or unauthorized access or use of the Platform(s).
11.2. Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), or should the Company determine, their sole discretion, and in good faith, that the Client or any representative of theirs trading on their behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following:
a) Fraud/illegal actions that led to the transaction;
b) Arbitrage trading, such as “Swap Arbitrage” “Latency Arbitrage” or “Bonus Arbitrage” on Prices offered by the Company’s platforms
c) Scalping trade or placing and closing orders or entering into positions for an arbitrarily short period of timetime and/or any other methods of scalping.
d) The use of any automated trading systems, such as robot trading e.t.c
e) Under no circumstances is the client allowed to use an IP address other than the IP address of their geolocation. Shall the client wish to use a different IP address for any reason, the Company should be notified immediately.
ef) Orders placed based on manipulated Prices as a result of system errors or system malfunctions
fg) Arbitrage trading on Prices offered by the Company’s platform as a result of systems errors and/or
gh) Coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates.
hi) Orders placed on the basis of privileged confidential information j) Any other behavior which the Company reasonably believes that is used by the Client to manipulate and/or attempt to manipulate the trading platform and/or the overall trading environment and/or conditions. The Company shall have the right to take any of the following actions:
a) Adjust the Price Spreads available to the Client; and/or
b) Restrict the Client’s access to streaming, instantly tradable quotes, including providing manual quotation only; introduce time delays of up to 6 seconds between the Client’s placing of the order and the order opening on the Electronic Trading Platforms (to prevent scalping); and/or
c) Obtain from the Client Account any historic trading profits that the Client has gained through such abuse of liquidity as determined by the Company at any time during the Company and Client’s trading relationship; and/or
d) Reject an order or to cancel a trade; and/or
e) Immediately terminate this Agreement.
11.3. Should the Company reasonably suspect that the Client has violated the terms of paragraph 11.1, it is entitled to take one or more of the counter measures of paragraph 31 of this Agreement.
Appears in 1 contract
Sources: Terms and Conditions
Prohibited Actions. 11.1. 11.1 It is absolutely prohibited for the Client to take any of the following actions in relation to the Platform(s):
a) Use any software, which applies artificial intelligence analysis to the Company’s systems and/or Platform(s).
b) Intercept, monitor, damage damage, or modify any communication which is not intended for himthem.
c) Use of any type of spider, virus, worm, Trojan‐horseTrojan-horse, time bomb bomb, or any other codes or instructions that are designed to distort, delete, damage damage, or disassemble the Platform(s) or the communication system or of any system of the Company.
d) Send any unsolicited commercial communication not permitted under applicable law Law or Applicable Regulations.
e) Do anything that will or may violate the integrity of the Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation.
f) Unlawfully access or attempt to gain access, reverse engineer engineer, or otherwise circumvent any security measures that the Company has applied to the Platform(s).
g) Any action that could potentially allow the irregular or unauthorized access or use of the Platform(s).
11.2. 11.2 Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) ), or act in bad faith (commonly known as ‘sniping’“Sniping”), or should the Company determinecompany determine or suspect, their at its sole discretion, and in good faith, that the Client or any representative of theirs trading on their behalf is taking advantage, benefittingbenefiting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following:
a) Fraud/illegal actions that led to the transaction;Transaction.
b) Arbitrage trading, such as “Swap Arbitrage” ”, “Latency Arbitrage” ”, or “Bonus Arbitrage” on Prices prices offered by the Company’s platformsPlatform(s);
c) Scalping trade or placing and closing orders or entering into positions for an arbitrarily short period The use of timeany automated trading systems, such as robot trading etc.
d) Under no circumstances is the client Client allowed to use an IP address other than the IP address of their geolocation. Shall the client Client wish to use a different IP address for any reason, the Company should be notified immediately.
e) Orders placed based on manipulated Prices prices, as a result of system errors or system malfunctions.
f) Arbitrage trading on Prices offered by the Company’s platform as a result of systems errors and/orsystem errors.
g) Coordinated transactions by related parties parties, in order to take advantage of systems system errors and delays on systems system updates.
h) Orders placed based on the basis of privileged confidential information The information.
i) Any other behavior which the Company reasonably believes that is used by the Client to manipulate and/or attempt to manipulate the trading platform and/or overall trading environment and/or conditions.
11.3 For any breaches by the Client under Paragraph 11, the Company shall have the right to take any of the following actions:
a) Adjust the Price Spreads available to the Client; and/or
b) Restrict the Client’s access to streaming, instantly tradable quotes, including providing manual quotation only; introduce time delays of up to 6 seconds between the Client’s placing of the order and the order opening on the Electronic Trading Platforms (to prevent scalping); and/or
c) Obtain from the Client Account any historic trading profits that the Client has gained through such abuse of liquidity liquidity, as determined by the Company at any time during the Company Company’s and the Client’s trading relationship; relationship and/or;
d) Reject an order or to cancel a trade; and/or;
e) Immediately terminate this Agreement.
11.3. 11.4 Should the Company reasonably suspect that the Client has violated the terms of paragraph 11.1Paragraph 11, it is entitled to take one or more of the counter measures of paragraph 31 set out at Paragraph 30 of this Agreement.
Appears in 1 contract
Sources: Client Agreement
Prohibited Actions. 11.1. It is absolutely prohibited for the Client to take any of the following actions in relation to the Platform(s):
a) Use any software, which applies artificial intelligence analysis to the Company’s systems and/or Platform(s).
b) Intercept, monitor, damage or modify any communication which is not intended for him.
c) Use any type of spider, virus, worm, Trojan‐horse, time bomb or any other codes or instructions that are designed to distort, delete, damage or disassemble the Platform(s) or the communication system or any system of the Company.
d) Send any unsolicited commercial communication not permitted under applicable law or Applicable Regulations.
e) Do anything that will or may violate the integrity of the Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation.
f) Unlawfully access or attempt to gain access, reverse engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s).
g) Any action that could potentially allow the irregular or unauthorized access or use of the Platform(s).
11.2. Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), or should the Company determine, their sole discretion, and in good faith, that the Client or any representative of theirs trading on their behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following:
a) Fraud/illegal actions that led to the transaction;
b) Arbitrage trading, such as “Swap Arbitrage” “Latency Arbitrage” or “Bonus Arbitrage” on Prices offered by the Company’s platforms
c) Scalping trade or placing and closing orders or entering Engage in unusual transactions such as scalping i.e., enter into positions for an arbitrarily short period of timetime (namely less than five (5) minutes) and/ or exhibit trading patterns involving what the company considers to be sudden and significant changes in trading volume;
d) Under no circumstances is the client allowed to use an IP address other than the IP address of their geolocation, including the use of a Virtual Private Network (“VPN”). Shall the client wish to use a different IP address for any reason, the Company should be notified immediately.
e) Orders placed based on manipulated Prices as a result of system errors or system malfunctions
f) Arbitrage trading on Prices offered by the Company’s platform as a result of systems errors and/or
g) Coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates.
h) Orders placed on the basis of privileged confidential information The Company shall have the right to take any of the following actions:
a) Adjust the Price Spreads available to the Client; and/or
b) Restrict the Client’s access to streaming, instantly tradable quotes, including providing manual quotation only; introduce time delays of up to 6 seconds between the Client’s placing of the order and the order opening on the Electronic Trading Platforms (to prevent scalping); and/or
c) Obtain from the Client Account any historic trading profits that the Client has gained through such abuse of liquidity as determined by the Company at any time during the Company and Client’s trading relationship; and/or
d) Reject an order or to cancel a trade; and/or
e) Immediately terminate this Agreement.
11.3. Should the Company reasonably suspect that the Client has violated the terms of paragraph 11.1, it is entitled to take one or more of the counter measures of paragraph 31 of this Agreement.
Appears in 1 contract
Sources: Terms and Conditions
Prohibited Actions. 11.1. It is absolutely prohibited for the Client to take any of the following actions in relation to the Platform(s):
a) Use any software, which applies artificial intelligence analysis to the Company’s systems and/or Platform(s).
b) Intercept, monitor, damage or modify any communication which is not intended for him.
c) Use any type of spider, virus, worm, Trojan‐horse, time bomb or any other codes or instructions that are designed to distort, delete, damage or disassemble the Platform(s) or the communication system or any system of the Company.
d) Send any unsolicited commercial communication not permitted under applicable law or Applicable Regulations.
e) Do anything that will or may violate the integrity of the Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation.
f) Unlawfully access or attempt to gain access, reverse engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s).
g) Any action that could potentially allow the irregular or unauthorized access or use of the Platform(s).
11.2. Should the Client engage in any trading strategies with the objective of exploiting such misquotation(s) or act in bad faith (commonly known as ‘sniping’), or should the Company determine, their sole discretion, and in good faith, that the Client or any representative of theirs trading on their behalf is taking advantage, benefitting, attempting to take advantage or to benefit of such misquotation(s) or that the Client is committing any other improper or abusive trading act, including without limitation the following:
a) Fraud/illegal actions that led to the transaction;
b) Arbitrage trading, such as “Swap Arbitrage” “Latency Arbitrage” or “Bonus Arbitrage” on Prices offered by the Company’s platforms
c) Scalping trade or placing and closing orders or entering Engage in unusual transactions such as scalping i.e., enter into positions for an arbitrarily short period of timetime (namely less than five (5) minutes) and/ or exhibit trading patterns involving what the company considers to be sudden and significant changes in trading volume;
d) Under no circumstances is the client allowed to use an IP address other than the IP address of their geolocation. Shall the client wish to use a different IP address for any reason, the Company should be notified immediately.
e) Orders placed based on manipulated Prices as a result of system errors or system malfunctions
f) Arbitrage trading on Prices offered by the Company’s platform as a result of systems errors and/or
g) Coordinated transactions by related parties in order to take advantage of systems errors and delays on systems updates.
h) Orders placed on the basis of privileged confidential information The Company shall have the right to take any of the following actions:
a) Adjust the Price Spreads available to the Client; and/or
b) Restrict the Client’s access to streaming, instantly tradable quotes, including providing manual quotation only; introduce time delays of up to 6 seconds between the Client’s placing of the order and the order opening on the Electronic Trading Platforms (to prevent scalping); and/or
c) Obtain from the Client Account any historic trading profits that the Client has gained through such abuse of liquidity as determined by the Company at any time during the Company and Client’s trading relationship; and/or
d) Reject an order or to cancel a trade; and/or
e) Immediately terminate this Agreement.
11.3. Should the Company reasonably suspect that the Client has violated the terms of paragraph 11.1, it is entitled to take one or more of the counter measures of paragraph 31 of this Agreement.
Appears in 1 contract
Sources: Terms and Conditions