Common use of Prohibited Actions Clause in Contracts

Prohibited Actions. 33.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.5. and/or do anything that will or may violate the integrity of the Company’s computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.6. unlawfully access or attempt to gain access, reverse engineer, or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.8. send massive requests on the server which may cause delays in the execution time, as Abusive Trading; and/or 33.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.2. Should the Company reasonably suspect that the Client has violated the terms of Clause 35 of this Agreement, the Company is entitled to take one or more of the counter measures contained herein in the Agreement.

Appears in 3 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Prohibited Actions. 33.132.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.132.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.232.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.332.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.432.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.532.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.632.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.732.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.832.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.932.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.232.2. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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: 32.2.1. adjust the Price Spreads available to you; and/or 32.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 32.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of liquidity; and/or 32.2.4. reject an order or to cancel a trade; and/or 32.2.5. immediately terminate this Agreement. 32.3. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 32 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Prohibited Actions. 33.1‌ 25.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.125.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.225.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.325.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.425.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.525.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.625.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.725.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.825.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.925.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.225.2. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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: 25.3. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 25 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Prohibited Actions. 33.132.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.132.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.232.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.332.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.432.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.532.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.632.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.732.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.832.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.932.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.232.2. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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: 32.2.1. adjust the Price Spreads available to you; and/or 32.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 32.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of liquidity; and/or 32.2.4. reject an order or to cancel a trade; and/or 32.2.5. immediately terminate this Agreement. 32.3. The Client hereby acknowledges and agrees that will comply in full and follow the Community Standards. 32.4. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 32 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Prohibited Actions. 33.130.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.130.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.230.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.330.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.430.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.530.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.630.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.730.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.830.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.930.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.230.2. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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: 30.2.1. adjust the Price Spreads available to you; and/or 30.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 30.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of liquidity; and/or 30.2.4. reject an order or to cancel a trade; and/or 30.2.5. immediately terminate this Agreement. 30.3. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 25 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Prohibited Actions. 33.125.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.125.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.225.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.325.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.425.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.525.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.625.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.725.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.825.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.925.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.225.2. Should the Company reasonably suspect that the Client has violated the terms of Clause 35 of this Agreement, the Company is entitled to take one or more of the counter measures contained herein in the Agreement.paragraph

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.130.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.130.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.230.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.330.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.430.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.530.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.630.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.730.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.830.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.930.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.230.2. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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: 30.2.1. adjust the Price Spreads available to you; and/or 30.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 30.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of liquidity; and/or 30.2.4. reject an order or to cancel a trade; and/or 30.2.5. immediately terminate this Agreement. 30.3. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 25 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.135. The 1The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.1. 35.1.1 use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.2. 35.1.2 intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.3. 35.1.3 use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.4. 35.1.4 send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.5. 35.1.5 and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.6. 35.1.6 unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.7. 35.1.7 perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.8. 35.1.8 send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.9. and/or 35.1.9 32.1.9 use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.2AXON. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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 reasonably suspect considers that the Client has violated been acting in any of the terms of Clause 35 of this Agreement, manners described above; the Company is entitled may at its sole discretion and without prior notice to the Client, take one or more of more, or any portion of, the counter measures contained herein in the Agreement.following actions:

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.5. and/or do anything that will or may violate the integrity of the Company’s computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.6. unlawfully access or attempt to gain access, reverse engineer, or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.8. send massive requests on the server which may cause delays in the execution time, as Abusive Trading; and/or 33.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.2. Should the Company reasonably suspect that the Client has violated the terms of Clause 35 of this Agreement, the Company is entitled to take one or more of the counter measures contained herein in the Agreement.

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.139.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or ƉƌŽŚŝďŝƚĞĚ ĨŽƌ ƚŚĞ ůŝĞŶƚ ƚŽ ƚĂŬĞ ĂŶLJ ŽĨ ƚŚĞ ĨŽů Platform(s) and/or Client Account: 33.1.139.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.239.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.339.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.439.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.539.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.639.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.739.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.839.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.939.2. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. The Client is not allowed to enter into any form of prohibited trading i.e. certain trading trading strategy focused on making numerous quick trades to capture small profits from minor price movements, aiming to open and close positions rapidly, often within, or the use of certain automated 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: 39.2.1. adjust the Price Spreads available to you; and/or 39.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 39.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of liquidity; and/or 39.2.4. reject an order or to cancel a trade; and/or 39.2.5. immediately terminate this Agreement. 33.239.2.6. Should The Client hereby acknowledges and agrees that will comply in full and follow the Community Standards. 39.2.7. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 32 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.1144003 Limassol, Cyprus 10.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it It is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(sOn-Line System(s) (where this may be made available) and/or Client Account: 33.1.1. use(a) Use, without the prior and written consent of the Company, of any software/system (e.g., Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(sand/or On-Line System (where this may be made available) and/or Client Account; and/or. 33.1.2. intercept(b) Intercept, monitor, damage or modify any communication which is not intended for the Client; and/orhim. 33.1.3. use (c) Use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(sOn-Line System (where this may be made available) or the communication system or any system of the Company; and/or. 33.1.4. send (d) Send any unsolicited commercial communication not permitted under applicable Law law or Applicable Regulations; and/or. 33.1.5. and/or do (e) Do anything that will or may violate the integrity of the Company’s computer system or Platform(sand/or OnLine System (where this may be made available) or cause such system(s) to malfunction or stop their operation; and/or. 33.1.6. unlawfully (f) Unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/orCompany’s computer system and/or the On-Line System. 33.1.7. perform (g) Do any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/orCompany’s computer system and/or the On-Line System(where this may be made available) . 33.1.8. send (h) Send massive requests on the server which may cause delays in the execution time, as Abusive Trading; and/or 33.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.210.2. Should the Company reasonably suspect that the Client has violated the terms of Clause 35 of this Agreementparagraph 11.1, the Company it is entitled to take one or more of the counter measures contained herein in the of Events of Default under paragraph 13.2. of this Client Agreement.

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.139.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.139.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.239.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.339.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.439.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.539.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.639.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.739.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.8. send massive requests on the server which may cause delays in the execution time, as Abusive Trading; and/or 33.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP and/or must reflect the registered and current residential country when creating and operating an account with NAGA. 33.2. Should 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", “scalping trades” a short-term trading strategy focused on making numerous quick trades to capture small profits from minor price movements, aiming to open and close positions rapidly, often within, or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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 reasonably suspect considers that the Client has violated been acting in any of the terms of Clause 35 of this Agreement, manners described above; the Company is entitled may at its sole discretion and without prior notice to the Client, take one or more more, or any portion of, the following actions: 39.2.1. adjust the Price Spreads available to you; and/or 39.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 39.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of the counter measures contained herein in the liquidity; and/or 39.2.4. reject an order or to cancel a trade; and/or 39.2.5. immediately terminate this Agreement.

Appears in 1 contract

Sources: Client Agreement

Prohibited Actions. 33.131.1. The Client hereby acknowledges, understands, accepts, and agrees herewith that it is absolutely prohibited for the Client to take any of the following actions in relation to the Company’s systems and/or Platform(s) and/or Client Account: 33.1.131.1.1. use, without the prior and written consent of the Company, of any software/system (e.g., e.g. Expert Advisor(s) and/or any automated data entry system), and of any software/system, which applies artificial intelligence analysis to the to the Company’s systems and /or Platform(s) and/or Client Account; and/or 33.1.231.1.2. intercept, monitor, damage or modify any communication which is not intended for the Client; and/or 33.1.331.1.3. use any type of spider, virus, worm, Trojan-horse, time bomb or any other codes or instructions that are designed to distort, delete, damage, damage or disassemble the Platform(s) or the communication system or any system of the Company; and/or 33.1.431.1.4. send any unsolicited commercial communication not permitted under applicable Law or Applicable Regulations; and/or 33.1.531.1.5. and/or do anything that will or may violate the integrity of the Company’s Company computer system or Platform(s) or cause such system(s) to malfunction or stop their operation; and/or 33.1.631.1.6. unlawfully access or attempt to gain access, reverse engineer, engineer or otherwise circumvent any security measures that the Company has applied to the Platform(s); and/or 33.1.731.1.7. perform any action that could potentially allow the irregular or unauthorised access or use of the Platform(s); and/or 33.1.831.1.8. send massive requests on the server which may cause delays in the execution time, time such as Abusive Trading; and/or 33.1.931.1.9. use of a Virtual Private Network (VPN) during the registration process and throughout the trading activity. IP must reflect the registered and current residential country when creating and operating an account with NAGA. 33.231.2. Should 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", “scalping trades” or the use of certain automated trading systems or “Expert Advisors”; and/or coordinated transactions by related parties in order to take advantage of system errors and delays on systems updates 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: 31.2.1. adjust the Price Spreads available to you; and/or 31.2.2. restrict your access to instantly tradable quotes, including providing manual quotation only; and/or 31.2.3. obtain from your Account any historic trading profits that you have gained through such abuse of liquidity; and/or 31.2.4. reject an order or to cancel a trade; and/or 31.2.5. immediately terminate this Agreement. 31.3. Both Parties hereby acknowledge and agree that where the Company reasonably suspect that the Client has violated any of the terms of Clause 35 of this clause 25 herein in the Agreement, ; the Company is entitled to take one or more of the counter measures contained herein in the this Client Agreement.

Appears in 1 contract

Sources: Client Agreement