Ethical Trading and Conduct Sample Clauses

Ethical Trading and Conduct. 6.1 Abusive Trading Techniques: Internet and connectivity delays, as well as price feed errors, can occasionally result in the prices displayed on our servers not accurately reflecting actual market rates. Trading strategies that exploit such errors, or conclude trades at off-market prices, or take advantage of internet delays—commonly referred to as "arbitrage," "sniping," or "scalping" (collectively referred to hereafter as "Arbitrage")—are not applicable in an OTC market where the client is trading directly with the principal. Therefore, we reserve the right, at our sole discretion, to prohibit any abusive exploitation of Arbitrage on our Online Trading Facility or in connection with our Services. Any transactions or contracts based on price latency arbitrage opportunities may be canceled at our discretion, without prior notice. In such cases, we reserve the right, at our sole discretion and without prior notice, to: (a) Make the necessary corrections or adjustments to the affected accounts, including adjusting price spreads available to the client. (b) Restrict the involved accounts from accessing streaming, instantly tradable quotes, potentially offering only manual quotations or requiring prior approval for any orders. (c) Retrieve from the involved accounts any historic trading profits documented as having been gained through such abuse of liquidity at any point in the client relationship. (d) Terminate the client relationship and close all involved accounts, including any other accounts held by the same client, by issuing written notice. (e) Inform any interested third parties. Additionally, any indication or suspicion, at our sole discretion, of arbitrage (including risk-free profiting), abusive trading patterns (where clients aim solely for financial gain without genuine market risk), internal hedging with others, abuse of our "no negative balance" policy, fraud, manipulation, cashback arbitrage, or any other fraudulent activity will result in all related transactions and profits or losses being deemed invalid. In such cases, we reserve the right to suspend or close all client accounts (either temporarily or permanently) and cancel all related transactions. Clients will be strictly prohibited from opening new trading accounts with us. If any account is opened or trading occurs due to technical or human error, we reserve the right to close the account immediately, nullify any profits or losses, and refund only the original deposit amount (excludin...