Common use of Discretions Clause in Contracts

Discretions. MTC reserves the right to exercise certain discretions in respect of Client trading and Account management. In this regard, MTC will consider our commercial objectives, regulatory considerations and ethical obligations as a dealer. These discretions include, but are in no way limited to a right to: • Refuse any application for an Account without cause • Call for funds or security where we consider it would make commercial sense to do so (refer Clause 7.4) • Refuse to accept any trades placed by the Client that we judge to be clearly outside the prevailing market price such that they may be deemed non-market price transactions, whether due to manifest human error or stale/incorrect/broken price feeds. Where we have opened or closed a trade before becoming aware of the price disparity, we may at our absolute discretion either treat that trade as void or accept that trade at the prevailing Market price • Determine Commission rates and financing charges, • Decline the Client’s instructions or cancel any Order or instruction without reason, where:

Discretions. MTC reserves the right to exercise certain discretions in respect of Client trading and Account management. In this regard, MTC will consider our commercial objectives, regulatory considerations and ethical obligations as a dealer. These discretions include, but are in no way limited to a right to: • ●Refuse any application for an Account without cause • ●Call for funds or security where we consider it would make commercial sense to do so (refer Clause 7.4) • ●Refuse to accept any trades placed by the Client that we judge to be clearly outside the prevailing market price such that they may be deemed non-market price transactions, whether due to manifest human error or stale/incorrect/broken price feeds. Where we have opened or closed a trade before becoming aware of the price disparity, we may at our absolute discretion either treat that trade as void or accept that trade at the prevailing Market price • ●Determine Commission rates and financing charges, • ●Decline the Client’s instructions or cancel any Order or instruction without reason, where: