4.1. We act as principal in all dealings and as the sole execution venue for your orders, which are not executed on a regulated exchange or multilateral trading facility.

The Company executes the Client Order in CFDs as a principal to principal against the Client, i.e. the Company is the Execution Venue (as defined in Commission Directive 2006/73/EC implementing MiFID) for the execution of the Client’s Order.

Likelihood of Execution: The likelihood of execution depends on the availability of prices of other financial institutions/market makers. In some cases, it may not be possible to arrange an Order for execution, for example but not limited in the following cases: during news times, trading session start moments, during volatile markets where prices may move significantly up or down and away from declared prices, where there is a rapid price movement, where there is insufficient liquidity for the execution of the specific volume at the declared price, a force majeure event has occurred. In the event that the Company is unable to proceed with an Order with regard to price or size or other reason, the Order will not be executed or will be executed at a different price. In addition, the Company is entitled, at any time and at its discretion, without giving any notice or explanation to the Client, to decline or refuse to transmit or arrange for the execution of any Order or Request or Instruction of the Client in circumstances explained in the Client Agreement/Terms of Business.

9. NO AGGREGATION
9.1. We will not combine your order with those of other clients for execution as a single order. 

4.19. For each of the transactions made to execute a Client’s order under this Agreement, the company shall act as eligible counterparty, irrespective of the type of order – “BUY” or “SELL”.

The liquidity provider is not a counterparty at the contract with the end customers of www.fxmeridian.com and is not responsible for the quality of the service provided to its clients;

“Scalping trading” – if a client fast opens and fast closes a position then we treat this activity as a scalping trading.

13.10. If the client has closed positions via scalping trading then we reduce the volume of all the closed positions with the positions closed via scalping trading according to the volume necessary to achieve target volume in bonus agreements.