DMA
Exclusive trading conditions with No Dealing Desk environment.

Client further acknowledges that, subject to the terms and conditions herein, BMFN shall act as counterparty to all trading transactions conducted under this Agreement.

Unless instructed by Client to the contrary in writing, BMFN is authorized to execute all orders with itself as counterparty or with such other counterparties as BMFN deems appropriate.

Client understands and agrees that he/she will not enter into transactions for purposes of scalping, arbitrage or to intentionally exploit or manipulate any inaccuracy, regardless of how minor, major, obvious or unobvious, in any rate or pricing offered by BMFN whether through the usage of scripts, codes, electronic advisors, software or any other form of computer program or manual trading.
BMFN defines scalping as any transaction which remains open for a period of less than three minutes in duration. Client understands BMFN is authorized to retroactively cancel transactions found, in BMFN’s sole discretion, to be transactions entered into in order to exploit or manipulate pricing by means as set forth within this Section.