Common use of Market Conduct Clause in Contracts

Market Conduct. ‌ Notwithstanding any other provision of these Terms, in providing the services, we shall be entitled to take any action we consider necessary, in our reasonable discretion, to ensure compliance with Market Rules, CMA Regulations and the Money Laundering Requirements and all other applicable laws, rules, regulations and regulatory decisions including Selling or closing any or all Transactions that you may have open and withholding any Realised Profits to the extent that we have reasonable grounds for believing that they are related to a regulatory breach. We may report to the CMA or any other relevant regulatory authority any Transaction entered into by you or on your behalf in accordance with the CMA Regulations or Market Rules. We may hedge our liability to you by opening analogous positions with other institutions or in the Underlying Market. The result of our doing this is that when you open or close a Transaction relating to a share or other Financial Instrument with us, your Transactions may, through our hedging, exert a distorting influence on the Underlying Market for that Financial Instrument, in addition to the impact that it may have on our own prices. For the avoidance of doubt, in such situations, the purpose is not to distort the Underlying Market, but to hedge our liability.

Market Conduct. ‌ Notwithstanding any other provision of these Terms, in providing the services, we shall be entitled to take any action we consider necessary, in our reasonable discretion, to ensure compliance with Market Rules, CMA Regulations and the Money Laundering Requirements and all other applicable laws, rules, regulations and regulatory decisions including Selling or closing any or all Transactions that you may have open and withholding any Realised Profits to the extent that we have reasonable grounds for believing that they are related to a regulatory breach. We may report to the CMA or any other relevant regulatory authority any Transaction entered into by you or on your behalf in accordance with the CMA Regulations or Market Rules. We may hedge our liability to you by opening analogous positions with other institutions or in the Underlying Market. The result of our doing this is that when you open or close a Transaction relating to a share or other Financial Instrument with us, your Transactions may, through our hedging, exert a distorting influence on the Underlying Market for that Financial Instrument, in addition to the impact that it may have on our own prices. For the avoidance of doubt, in such situations, the purpose is not to distort the Underlying Market, but to hedge our liability.