Events of Default

1. Definition of Default

An "Event of Default" shall be deemed to occur if any of the following circumstances arise:

• Failure to Pay: The Client fails to make any payment or deposit Margin when required by the Company.
• Breach of Agreement: The Client violates any provision of the Terms of Service, including but not limited to AML policies or usage restrictions.
• Insolvency: The Client dies, becomes of unsound mind, commits an act of bankruptcy, or has a petition for winding up presented against them.
• Prohibited Activity: The Client is found to be engaging in abusive trading practices such as latency arbitrage, price manipulation, or using unauthorized automated spiders.

2. Rights Upon Default

Upon the occurrence of an Event of Default, RescaleEquity reserves the right, at its absolute discretion and without prior notice, to:

• Close or liquidate any or all Open Positions at current market prices.
• Suspend or terminate the Client's Account immediately.
• Refuse to accept any further Orders from the Client.
• Combine or consolidate Client accounts to set off balances.

Last Updated: January 29, 2026