Common use of Manifest Errors Clause in Contracts

Manifest Errors. 20.1 A “Manifest Error” means a manifest or obvious misquote by us, or any Market, Liquidity Provider or official price source on which we have relied in connection with any Transaction, having regard to the current market conditions at the time an Order is placed as we may reasonably determine. When determining whether a situation amounts to a Manifest Error, we may take into account any information in our possession, including information concerning all relevant market conditions and any error in, or lack of clarity of, any information source or announcement. We will, when making a determination as to whether a situation amounts to a Manifest Error, act fairly towards you but the fact that you may have entered into, or refrained from entering into, a corresponding financial commitment, contract or Transaction in reliance on an Order placed with us (or that you have suffered or may suffer any loss) will not be taken into account by us in determining whether there has been a Manifest Error. 20.2 In respect of any Manifest Error, we may (but will not be obliged to): (a) amend the details of each affected Transaction to reflect what we may reasonably determine to be the correct or fair terms of such Transaction absent such Manifest Error; or (b) declare any or all affected Transactions void, in which case all such Transactions will be deemed not to have been entered into. 20.3 We will not be liable to you for any loss (including any loss of profits, income or opportunity) you or any other person may suffer or incur as a result of or in connection with any Manifest Error (including any Manifest Error by us) or our decision to maintain, amend or declare void any affected Transaction, except to the extent that such Manifest Error resulted from our own wilful default or fraud, as determined by a competent court in a final, non-appealable judgment.

Manifest Errors. 20.1 A “Manifest Error” means a manifest or obvious misquote by us, or any Market, Liquidity Provider or official price source on which we have relied in connection with any Transaction, having regard to the current market conditions at the time an Order is placed as we may reasonably determine. 24.1 When determining whether a situation amounts to a Manifest Error, we may take into account any information in our possession, including information concerning all relevant underlying market conditions and any error in, or lack of clarity of, any information source or announcement. We will, when making a determination as to whether a situation amounts to a Manifest Error, act fairly towards you but the fact that you may have entered into, or refrained from entering into, a corresponding financial commitment, contract or Transaction in reliance on an Order placed with us (or that you have suffered or may suffer any loss) will not be taken into account by us in determining whether there has been a Manifest Error. 20.2 24.2 In respect of any Manifest Error, we may (but will not be obliged to): (a) amend the details of each affected Transaction to reflect what we may reasonably determine in our sole and absolute discretion consider to be the correct or fair terms of such Transaction absent such Manifest Error; or (b) declare any or all affected Transactions void, in which case all such Transactions will be deemed not to have been entered into. 20.3 24.3 We will not be liable to you for any loss (including any loss of profitsincidental, income indirect or opportunityconsequential loss) you or any other person may suffer or incur as a result of or in connection with any Manifest Error (including any Manifest Error by us) or our decision to maintain, amend or declare void any affected Transaction, except to the extent that such Manifest Error resulted from our own wilful willful default or fraud, as determined by a competent court in a final, non-non- appealable judgment.

Manifest Errors. 20.1 34.1 A “Manifest Error” means a manifest or obvious misquote by us, or any Market, Liquidity Provider Provider, or official price source on which we have relied in connection with any Transaction, having regard to the current market conditions at the time an Order is placed as we may reasonably determine. When determining whether a situation amounts to a Manifest Error, we may take into account any information in our possessionsource, including information concerning all relevant without limitation, offer to execute transaction for exaggerated volumes of instruments or manifestly incorrect market conditions and any error in, price quotes or lack of clarity of, any information source or announcement. prices at a clear loss. 34.2 We will, when making a determination as to whether a situation amounts to a Manifest Error, act fairly towards you but the fact that you may have entered into, or refrained from entering into, a corresponding financial commitment, contract or Transaction in reliance on an Order placed with us (or that you have suffered or may suffer any loss) will not be taken into account by us in determining whether there has been a Manifest Error. 20.2 34.3 In respect of any Manifest Error, we may (but will not be obliged to): (a) amend 34.3.1 Amend the details of each affected Transaction to reflect what we may reasonably determine to be the correct or fair terms of such Transaction absent such Manifest Error; or (b) declare 34.3.2 Declare any or all affected Transactions void, in which case all such Transactions will be deemed not to have been entered intoentered. 20.3 34.4 We will not be liable to you for any loss (including any loss of profits, income or opportunity) you or any other person may suffer or incur as a result of or in connection with any Manifest Error (including any Manifest Error by us) or our decision to maintain, amend or declare void any affected Transaction, except to the extent that such Manifest Error resulted from our own wilful default or fraud, as determined by a competent court in a final, non-appealable judgment.