Scalping Notice
       026.SN.V5.01.05.2016
       One Financial Markets is the trading name of C B Financial Services Ltd, a company registered in England with company number 6050593.
       C B Financial Services Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201)
       and the Financial Services Board in South Africa (with FSP number 45784).
             DEFINITION OF SCALPING
             Scalping is a trading strategy designed to return profits by taking advantage of internet latencies, delayed prices or through high 
             volumes of transactions targeting tick fluctuations rather than price movements where trades are opened and closed very quickly.
              
             Placing pending orders either side of the market prior to market news is regarded as scalping and is not allowed.
              
             NOTICE
             While One Financial Markets does not prohibit any particular trading style please note not all strategies are accepted on our 
             brokerage operations. Please be advised that all trading activity is monitored and in the event it is identified that you are scalping 
             we will close your brokerage account and move you to our STP ECN scalping platform with immediate effect. Furthermore if your 
             behaviour has led to trades being executed on materially incorrect prices or where we become aware of clients actively scalping 
             or straddling to abuse our systems, we reserve the right to reverse trades and recoup funds where applicable.
              
             If you are seeking to scalp we suggest you chose our ECN platform from the outset which is more suitable for this trading style.
              
             Please note that our scalping profile operates on wider spreads.
             WHY TRADE ECN?
             We are aware that many clients that opt for a scalping strategy will move from broker to broker when it is made clear that their 
             trading style is no longer welcomed. This is because of the broker’s inability to hedge such a strategy in the underlying market. 
             Our ECN account eliminates that problem as we are no longer acting as principal to your trades and are passing your transactions 
             straight through to our external bank liquidity. Unlike One Financial Markets, the banks are willing to absorb the risk.
              
             As you would now be trading your scalping strategy with top tier bank liquidity you are no longer a risk to One Financial Markets’ 
             book in terms of our ability to hedge so you can be comfortable in the knowledge that your account will not be closed and you 
             have the comfort of a long, transparent and sustainable relationship with us.
              
             WHAT NEXT?
             Your account manager will be able to provide more details regarding your ECN options - we have fixed or variable spreads - and 
             the difference between our standard account in terms of execution and requotes. If you would like to know more about this policy 
             or have any questions about our ECN platform please don’t hesitate to contact us on 0044 207 534 0950.
             One Financial Markets, 20 Savile Row, London, W1S 3PR, United Kingdom                                                         Scalping Notice | 2
             Tel: +44 (0) 207 534 0950  Fax: +44 (0) 207 434 4367 
             Email: info@ofmarkets.com  Web: www.onefinancialmarkets.com