LegalExecution Policy
Execution & Error Trade Policy
Last updated: Feb 23, 2026
This policy governs order lifecycle controls, exceptional handling, manifest error standards, and correction authority. It applies to all order submissions, fills, cancellations, settlements, and balance postings.
1. Order acceptance principles
Orders are considered accepted only after passing eligibility, account status, margin, sanctions/compliance, rate-limit, and system integrity checks. Rejected orders are not executable claims and may be dropped without retry.
2. System controls and prioritization
Pariflow may apply queueing, throughput throttles, anti-spam protections, and dynamic risk controls. During load spikes or integrity events, lower-priority workflows may be delayed or disabled.
3. Market halts and close-only controls
Pariflow may impose market halts, reject new exposure, switch to close-only mode, or cancel resting orders in response to volatility anomalies, source degradation, abuse patterns, listing defects, infrastructure incidents, or legal/regulatory triggers.
4. Manifest error standard
A manifest error includes objectively identifiable pricing or execution defects that a reasonable participant would recognize as abnormal, including stale source execution, duplicate fills, impossible ticks, inverted books, corrupted parameters, or known incident windows.
5. Busted trade and correction authority
Pariflow may bust, amend, reverse, offset, rebook, or reprice trades and related balances to correct manifest errors or integrity incidents. Corrections may include fee adjustments, settlement revisions, and account ledger restatement.
6. Abuse and manipulation response
Where activity indicates collusion, self-dealing abuse, latency exploitation, spoofing, layering, synthetic identity abuse, or sanctions circumvention, Pariflow may freeze related flows, suspend accounts, reverse gains, and refer activity to competent authorities.
7. Settlement and balance correction window
Settlement postings can be corrected when a qualifying incident is identified after posting. Pariflow may reopen reconciliations and adjust balances even after provisional closure where necessary for legal compliance or systemic integrity.
8. Notification and transparency
Pariflow may provide incident notices when operationally appropriate, but emergency actions may be executed without prior notice. Post-incident summaries may be limited by legal, investigative, or security constraints.
9. No guaranteed compensation
Except where mandatory law requires otherwise, operational incidents, trade busts, corrections, or restricted mode operation do not create entitlement to compensation, opportunity loss claims, or discretionary rebates.
10. Relationship to Terms
This policy supplements and does not replace the Terms. If a conflict exists, this policy governs execution-error handling and the Terms govern all remaining rights and liabilities.