Common use of PROHIBITED TRADING Clause in Contracts

PROHIBITED TRADING. 11.1. If the Company suspects or has reasons to believe that an Existing Client is involved in 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, or transactions entered into or executed by an Existing Client and/or Introducer for the benefit of earning compensation for the Introducer (referred to as “churning”), the Company reserves the right to: (i) Delay payment of commission until the Company fully investigates and clarifies the matter; (ii) terminate this Agreement with immediate notice to the Introducer and remove any remuneration linked to those Existing Clients; (iii) terminate the Operative Agreements with immediate notice; (iv) close the Introducer’s account with the Company and/or suspend his account for an indefinite period of time; (v) close the Existing Client’s account with the Company and/or suspend his account for an indefinite period of time; (vi) charge a penalty fee to the Introducer and/or to the Existing Client as the Company deems fit and proportionate; (vii) close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the Existing Client. If profits arising out of prohibited trading were already withdrawn, profits can be confiscated from the Existing Client’s related accounts in order to make up for the difference.

PROHIBITED TRADING. 11.18.1. If the Company suspects or has reasons to believe that an Existing introduced Client is involved in 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 instrument has been suspended or restricted on a particular market, between same or different trading accounts, or transactions entered into or executed by an Existing Introduced Client and/or Introducer Affiliate for the benefit of earning compensation for the Introducer Affiliate (referred to as “churning”), the Company reserves the right to: (i) A. Delay payment of commission until the Company fully investigates and clarifies the matter; (ii) B. terminate this Agreement with immediate notice to the Introducer Affiliate and remove any remuneration linked to those Existing Clients; (iii) C. terminate the Operative Agreements introduced Client’s agreement with the Company with immediate notice; (iv) D. close the IntroducerAffiliate’s account with the Company and/or suspend his account for an indefinite period of time;period. (v) E. close the Existing introduced Client’s account with the Company and/or suspend his account for an indefinite period of time;. (vi) F. charge a penalty fee to the Introducer Affiliate and/or to the Existing introduced Client as the Company deems fit and proportionate; (vii) ; close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the Existing introduced Client. If profits arising out of prohibited trading Prohibited Trading were already withdrawn, profits can be confiscated from the Existing Client’s related accounts in order to make up for the difference.

PROHIBITED TRADING. 11.14.1. If the Company suspects or has reasons to believe that an Existing introduced Client is involved in 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 instrument has been suspended or restricted on a particular market, between same or different trading accounts, or transactions entered into or executed by an Existing Introduced Client and/or Introducer for the benefit of earning compensation for the Introducer (referred to as “churning”), the Company reserves the right to: (i) Delay : o delay payment of commission until the Company fully investigates and clarifies the matter; (ii) ; o terminate this Agreement with immediate notice to the Introducer and remove any remuneration linked to those Existing Clients; (iii) ; o terminate the Operative Agreements introduced Client’s agreement with the Company with immediate notice; (iv) ; o close the Introducer’s account with the Company and/or suspend his account for an indefinite period of time; (v) ; o close the Existing introduced Client’s account with the Company and/or suspend his account for an indefinite period of time; (vi) ; o charge a penalty fee to the Introducer and/or to the Existing introduced Client as the Company deems fit and proportionate; (vii) ; o close the account, confiscate any profits that arose from prohibited trading techniques and return the original deposit(s) to the Existing introduced Client. If profits arising out of prohibited trading Prohibited Trading were already withdrawn, profits can be confiscated from the Existing Client’s related accounts in order to make up for the difference.