The Client accepts that the Company acts only as an agent of the Client. The Company will transmit the Client’s orders in the external market (other liquidity providers) for execution. The execution of the Client’s orders will depends on the pricing and available liquidity of the providers.

7.The Company has the right,at its discretion to increase or decrease spreads of financial instruments depending on the current market conditions as well as the size of the Client’s orders.

18.The Company,in particular,does not permit:(i) execution of opposite transactions simultaneously, (ii) execution of transactions based on market differences; (iii) execution of transactions during publications of information(macroeconomic notices);

17.The Company reserves the right to reverse any orders that are deemed to be contrary to the Company’s interests.

19.The Company may, from timeto time, provide bonusesor different grants to the Trading Account.

4.3. Speed of Execution. The Company does not execute the Client Order in CFDs as a principal to principal against the Client, i.e. the Company is not the execution venue for the execution of the Client’s Order. The Company transmits Client Orders or arranges for their execution with a thirdparty(ies).

5.2. Re-quotes. In some cases, the Company may be providing a secondary quote to the Client after an Order has been submitted; the Client must agree to this re-quote before the order is executed.