“Counterparties” shall mean banks and/or brokers through whom the Company may cover its transactions with Clients;

6. Market Making
6.1. The Client is specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, the Company may act as a Market Maker.

6.4. Following execution of any position with a Client, the Company may at it’s reasonable discretion subsequently offset each such client position with another Client position, or a position with one of the Company’s Counterparties or retain a proprietary position in the market with the intention to obtain trading profits from such positions.

8. Prohibited Trading
8.1. The Customer agrees and acknowledges that the service provided by the company to the Customer hereunder is not adapted for certain trading techniques commonly known as "arbitrage trading", "picking/sniping" Snipping: the situation where the Client is prematurely buying or selling near preset prices.