Common use of Technical Risk Clause in Contracts

Technical Risk. 3.1. The Client shall assume the risk of financial loss caused by the failure of information, communication, electronic and other systems. 3.2. When executing trading operations through the Client’s terminal, the Client shall assume the risk of financial loss, which can be caused by: a) the failure of Client’s hardware, software and internet connection; b) the improper operation of Client’s equipment; c) the wrong settings in the Client’s terminal; d) delayed Client’s terminal updates; e) the Client’s ignorance of the applicable rules described in the MetaTrader 5 User Guide. 3.3. The Client acknowledges that at the moment of peak load there may be some difficulties in getting phone or chat communication with the duty operator, especially on the fast market (for example, when key economic indicators are released).

Appears in 2 contracts

Sources: Client Agreement, Client Agreement