12.3.2 Prices quoted for Forex and CFDs on our Platforms are derived by reference to the price of the Underlying Market, which are quoted by our Liquidity Providers whom all orders will be transmitted for execution.

8.1 Material Interests
8.1.1 Your attention is drawn to the fact that when we deal with you or for you, we or an Affiliate or some other person connected with us may have another interest, relationship or arrangement that is material. Without limiting the nature of such interests, examples include where we or an Affiliate could be:

8.1.1.1 Dealing or quoting prices to the Markets, in the investment, a related investment or an asset underlying the investment, as principal for our (or its) own account or that of someone else. This could include selling to you or buying from you and also dealing with or using the services of an intermediate broker or other agent who may be an affiliate;

8.1.1.2 Matching (e.g. by way of a cross) your Transaction with that of another Client by acting on his behalf as well as yours;

12.7 Intermediate Brokers and Other Agents We may, at our sole and absolute discretion, arrange for any Transaction to be affected with or through the agency of an intermediate broker, who may be an Affiliate of ours, and may not be in the United Kingdom.

12.7.1 We provide you with price quotes and you may place Orders on the basis of those price quotes. Under the Financial Transaction and Reporting Act, 2018, INFINOX is required to take all reasonable steps to obtain the best possible result (or “best execution”) on behalf of our clients when we transmit orders to our liquidity providers for execution. When selecting the venue on which to transmit trades, INFINOX will take reasonable measures to ensure that the selected venue obtains the best possible trading result for you.

The concept of “arbitrage” and “scalping”, or taking advantage of these internet delays, cannot exist in an over- the-counter Market where the client is buying or selling directly from the Market. INFINOX does not permit the practice of “arbitrage” on the Trading Platforms and considers this improper use or abuse of our trading Platforms.

2.1. Orders are executed exclusively via a bilateral transaction with us. We are the counterparty to all transactions and we will act as principal and not as agent on your behalf. All transactions will be entered into on a principal-to-principal and non-advised basis.

3.4. In providing you with financial products and services, we, as your counterparty, act as a principal only and represent the sole execution venue to which you have access and only at a price set by us. Orders are executed on an ‘over the counter’ (OTC) basis rather than on an exchange or other regulated market.