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Terms "Execution Venue" - the counterparty for transactions and holder of Clients securities or other assets deposited. 7.1. The Parties are entering into this Agreement as principal to principal. For the avoidance of any doubt, in relation to Individual orders for CFD transactions the company shall not execute such orders against its Clients as a principal to principal, but shall transmit or arrange for the execution of such orders acting in behalf of its Client with the third party (Execution Venue).

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