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WORLD LEADING ONLINE FINANCIAL DERIVATIVES BROKER

DAY TRADING POLICY

Please read the following policies regarding Scalping, Stale Trading, Idle Prices and Misquotes.

STALE TRADING

To ensure the stability and accuracy of the MEX Global Markets platforms and products, we define Stale Pricing as an old price which does not reflect the most recent updated price figure for the product. MEX Global Markets consider any trade executed on these prices as voided and do not reflect the real market price, therefore MEX Global Markets reserve the right to cancel them immediately.

MISQUOTES

We have an agency execution model and automatically cover all client positions with executing brokers and liquidity providers. Although we mitigate the risk of invalid price feeds reaching clients through utilizing a price aggregation system which generates a price from multiple liquidity providers (typically in excess of 10 liquidity providers). There are rare occasions where the price can become “skewed”. In such rare instances, if orders are filled at that price, we reserve the right to reverse orders where misquote occurred. We will investigate these cases and notify the client via e-mail or telephone that trades are cancelled. We will always check to ensure that the reversal does not generate an unintended position. If the order is executed and subsequently reversed to open a position, any subsequent order(s) closing this position would also be reversed leaving the net P&L at zero, this way the client will not be disadvantaged by this reversal due to our invalid price delivery.

STALE QUOTES AND MISQUOTES POLICY

MEX Global Markets quoted prices on rare occasions may become “stale” or “skewed”. MEX Global Markets reserves the right to cancel orders executed at idle or skewed prices. MEX Global Markets will actively monitor/report and investigate such trading activity and if those trades were cancelled will notify the client accordingly. MEX Global Markets will pursue the fair treatment of its Customers and will use its best endeavors to make sure cancellations are performed fairly and that the client is not disadvantaged by the cancellation i.e. there are no inadvertent positions left open and the client's Net Position is in line with the client's positions at the time of correction.

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