Client Service Agreement

15. AGGREGATION AND SPLIT
15.1 Tickmill Ltd is in accordance with the broker's Best Execution Policy entitled to 
aggregate the Client's orders with the broker's own orders, orders of any of the 
broker's associates and/or persons connected with Tickmill Ltd including 
employees and other clients. Furthermore, Tickmill Ltd may split the Client's orders 
when executing these. The orders will only be aggregated or split if Tickmill Ltd 
reasonably believes it to be in the best interest of the Client. On some occasions 
aggregation and split of the Client's order may result in the Client obtaining a less 
favourable price than if the Client's orders had been executed respectively 
separately or mutually.

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Tickmill Ltd
www.tickmill.com
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16.
CONFLICTS OF INTEREST
16.1 Tickmill Ltd, its associates or other persons or companies connected with Tickmill Ltd 
may have an interest, relationship or arrangement that is material in relation to any 
transaction or Contract effected, or advice provided by Tickmill Ltd, under this 
Agreement. By accepting this Agreement and Tickmill Ltd's Conflict of Interest 
Policy (which distinctly describes the general character and/or background of any 
conflict of interest) the Client agrees that Tickmill Ltd may transact such business 
without prior reference to any potential specific conflict of interest.
17.
TICKMILL LTD’S COUNTERPARTIES
17.1 In order to give effect to the Client's instructions, Tickmill Ltd may instruct a 
Counterparty selected at Tickmill Ltd's discretion and Tickmill Ltd shall do so where 
the transaction is to be subject to the rules of an exchange or market of which 
Tickmill Ltd is not a member.
17.2 Tickmill Ltd shall not be responsible for errors committed by such Counterparties 
unless it is proven that Tickmill Ltd has not acted with sufficient care when selecting 
the Counterparty.