Clearly Erroneous Trade Policy



If a User of the LeveL ATS believes that an executed trade was materially inconsistent with the trading market at the time of the trade in that security, it may request a review of such trade(s) by eBX under eBX's Clearly Erroneous Trade Policy.

Upon receipt of a valid request for review, eBX will review the disputed transaction, applying the guidelines set forth herein and other considerations it deems appropriate. eBX reserves the right to request written documentation relating to the disputed transaction, which is reasonably necessary for use by eBX in resolving the matter. If the transaction is determined to be clearly erroneous, eBX will, in its sole discretion, cancel or modify the executed trade.

For more information, please download the following document: Clearly Erroneous Trade Policy

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