PROHIBITED TRADING. 27.1. The Client is not allowed to enter into any form of prohibited trading i.e. certain trading techniques commonly known as "arbitrage trading", "picking/ sniping" or the use of certain automated trading systems or “Expert Advisors”; and/or follow an abusive trading strategy i.e. any trading activity which is aiming towards potential riskless profit by opening opposite orders, during periods of volatile market conditions, during news announcements, on opening gaps (trading sessions starts), or on possible gaps where the underlying instrument has been suspended or restricted on a particular market, between same or different trading accounts. The Client agrees and acknowledges that if the Company considers that the Client has been acting in any of the manners described above; the Company may at its sole discretion and without prior notice to the Client, take one or more, or any portion of, the following actions: (a) close the Client's account; (b) suspend the Client's account for an indefinite period of time; (c) carry out an investigation on the Client's account for an indefinite period of time; (d) charge a penalty fee to the Client in the same or greater amount of money that resulted from the Client using such techniques; or (e) close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the account holder. If profits arising out of Prohibited Trading were already withdrawn, profits can be confiscated from the Client’s related accounts in order to make up for the difference.
Appears in 3 contracts
Sources: Account Opening Agreement, Account Opening Agreement, Account Opening Agreement
PROHIBITED TRADING. 27.124.1. The Client is not allowed to enter into any form of prohibited trading i.e. certain trading techniques commonly known as "arbitrage trading", "picking/ sniping" or the use of certain automated trading systems or “Expert Advisors”; and/or follow an abusive trading strategy i.e. any trading activity which is aiming towards potential riskless profit by opening opposite orders, during periods of volatile market conditions, during news announcements, on opening gaps (trading sessions starts), or on possible gaps where the underlying instrument has been suspended or restricted on a particular market, between same or different trading accounts. The Client agrees and acknowledges that if the Company considers that the Client has been acting in any of the manners described above; the Company may at its sole discretion and without prior notice to the Client, take one or more, or any portion of, the following actions:
(a) close Close the Client's account;
(b) suspend Suspend the Client's account for an indefinite period of time;
(c) carry Carry out an investigation on the Client's account for an indefinite period of time;
(d) charge Charge a penalty fee to the Client in the same or greater amount of money that resulted from the Client using such techniques; or
(e) close Close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the account holder. If profits arising out of Prohibited Trading were already withdrawn, profits can be confiscated from the Client’s related accounts in order to make up for the difference.
Appears in 1 contract
Sources: Client Agreement
PROHIBITED TRADING. 27.125.1. The Client is not allowed to enter into any form of prohibited trading i.e. certain trading techniques commonly known as "arbitrage trading", "picking/ sniping" or the use of certain automated trading systems or “Expert Advisors”; and/or follow an abusive trading strategy i.e. any trading activity which is aiming towards potential riskless profit by opening opposite orders, during periods of volatile market conditions, during news announcements, on opening gaps (trading sessions starts), or on possible gaps where the underlying instrument has been suspended or restricted on a particular market, between same or different trading accounts. The Client agrees and acknowledges that if the Company considers that the Client has been acting in any of the manners described above; the Company may at its sole discretion and without prior notice to the Client, take one or more, or any portion of, the following actions:
(a) close the Client's account;
(b) suspend the Client's account for an indefinite period of time;
(c) carry out an investigation on the Client's account for an indefinite period of time;
(d) charge a penalty fee to the Client in the same or greater amount of money that resulted from the Client using such techniques; or
(e) close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the account holder. If profits arising out of Prohibited Trading were already withdrawn, profits can be confiscated from the ClienttheClient’s related accounts in order to make up for the difference.
Appears in 1 contract
Sources: Account Opening Agreement
PROHIBITED TRADING. 27.1. The Client is not allowed to enter into any form of prohibited trading i.e. certain trading techniques commonly known as "arbitrage trading", "picking/ sniping" or the use of certain automated trading systems or “Expert AdvisorsHigh Frequency Robots”; and/or follow an abusive trading strategy i.e. any trading activity which is aiming towards potential riskless profit by opening opposite orders, during periods of volatile market conditions, during news announcements, on opening gaps (trading sessions starts), or on possible gaps where the underlying instrument has been suspended or restricted on a particular market, between same or different trading accounts. The Client agrees and acknowledges that if the Company considers that the Client has been acting in any of the manners described above; the Company may at its sole discretion and without prior notice to the Client, take one or more, or any portion of, the following actions:
(a) close Close the Client's account;
(b) suspend Suspend the Client's account for an indefinite period of time;
(c) carry ▇▇▇▇▇ out an investigation on the Client's account for an indefinite period of time;
(d) charge Charge a penalty fee to the Client in the same or greater amount of money that resulted from the Client using such techniques; or
(e) close Close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the account holder. If profits arising out of Prohibited Trading were already withdrawn, profits can be confiscated from the Client’s related accounts in order to make up for the difference.
Appears in 1 contract
Sources: Account Opening Agreement
PROHIBITED TRADING. 27.115.1. The Client is not allowed to enter into any form of prohibited trading i.e. i.e., certain trading techniques commonly known as "arbitrage trading", "picking/ sniping" or the use of certain automated trading systems or “Expert Advisors”; and/or follow an abusive trading strategy i.e. i.e., any trading activity which is aiming towards potential riskless profit by opening opposite orders, during periods of volatile market conditions, during news announcements, on opening gaps (trading sessions starts), or on possible gaps where the underlying instrument has been suspended or restricted on a particular market, between same or different trading accounts. The Client agrees and acknowledges that if the Company considers that the Client has been acting in any of the manners described above; the Company may at its sole discretion and without prior notice to the Client, take one or more, or any portion of, the following actions:
(a) close Close the Client's account;
(b) suspend Suspend the Client's account for an indefinite period of time;
(c) carry Carry out an investigation on the Client's account for an indefinite period of time;
(d) charge Charge a penalty fee to the Client in the same or greater amount of money that resulted from the Client using such techniques; or
(e) close Close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the account holder. If profits arising out of Prohibited Trading were already withdrawn, profits can be confiscated from the Client’s related accounts in order to make up for the difference.
Appears in 1 contract
Sources: Account Opening Agreement