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Stop of Trade, Inaccurate Quotes, Force Major

License no. 296/16 Highest Security standards

17. Stop of Trade, Inaccurate Quotes, Force Major

17.1.           You understand that the trading facilities provided by the System, may be halted or suspended at any time without a prior notice due to circumstances beyond the control of the Company. In such an event, the Company or an authorized party on its behalf may close any open positions you may have (by performing a Reverse Transaction) without prior written notice being sent to you, at fair market value reflecting, as closely as possible, the applicable prices of the relevant Contracts. You hereby waive any claims of indemnification / suits / causes of action against the Company in such an event and acknowledge that such waiver is a pre-condition to the validity of this Agreement.

17.2.           The Company reserves the right, provided a prior written notice to this effect has been sent to you, to cancel any Transaction that due to a System and/or human error, whether under the control of the Company or not, has been execute at a price which at the time of the Transaction was not the indicative and/or accurate price of that said Financial Contract created by the transaction.

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