Common use of ACCEPTANCE OF ORDERS AND OPENING OF CFD TRANSACTIONS Clause in Contracts

ACCEPTANCE OF ORDERS AND OPENING OF CFD TRANSACTIONS. 4.1. You may cancel your CFD Order at any time by notice to us unless and until the CFD Order has been executed in whole or in part, only if a CFD Order is an Entry Order. In the event a CFD Order is a Market Order it will not be possible for you to cancel the CFD Order at any time. 4.2. For Accounts using the “non-hedging” setting: Where you give an Order: a) to open a long position in relation to a CFD Instrument on an Account where you at that time already have a short position in relation to the same CFD Instrument on that Account; or b) you give a CFD Order to open a short position in relation to a CFD Instrument where you already have a long position in relation to that CFD Instrument, then we will treat your instruction to open the new CFD Transaction as an instruction to close the existing position to the extent of the size of the new CFD Transaction. If the new CFD Transaction is greater in size than the existing CFD Transaction, then the existing CFD Transaction will be closed in full and a CFD Transaction will be opened in relation to the excess size of the new CFD Transaction. 4.3. For Accounts using “hedging” setting: You may open a position by providing us with a CFD Order. Your request to open a new position will not close current Open Positions.

ACCEPTANCE OF ORDERS AND OPENING OF CFD TRANSACTIONS. 4.1. You may cancel your CFD Order at any time by notice to us unless and until the CFD Order has been executed in whole or in part, only if a CFD Order is an Entry Order. In the event a CFD Order is a Market Order it will not be possible for you to cancel the CFD Order at any time. 4.2. For Accounts using the “”non-hedging” setting: Where you give an Order: a) to open a long position in relation to a CFD Instrument on an Account where you at that time already have a short position in relation to the same CFD Instrument on that Account; or b) you give a CFD Order to open a short position in relation to a CFD Instrument where you already have a long position in relation to that CFD Instrument, then we will treat your instruction to open the new CFD Transaction as an instruction to close the existing position to the extent of the size of the new CFD Transaction. If the new CFD Transaction is greater in size than the existing CFD Transaction, then the existing CFD Transaction will be closed in full and a CFD Transaction will be opened in relation to the excess size of the new CFD Transaction. 4.3. For Accounts using “hedging” setting: You may open a position by providing us with a CFD Order. Your request to open a new position will not close current Open Positions.

ACCEPTANCE OF ORDERS AND OPENING OF CFD TRANSACTIONS. 4.1. You may cancel your CFD Order at any time by notice to us unless and until the CFD Order has been executed in whole or in part, only if a CFD Order is an Entry Order. In the event a CFD Order is a Market Order it will not be possible for you to cancel the CFD Order at any time. 4.2. For Accounts using the “non-hedging” setting: Where you give an Order: a) : to open a long position in relation to a CFD Instrument on an Account where you at that time already have a short position in relation to the same CFD Instrument on that Account; or b) or you give a CFD Order to open a short position in relation to a CFD Instrument where you already have a long position in relation to that CFD Instrument, then we will treat your instruction to open the new CFD Transaction as an instruction to close the existing position to the extent of the size of the new CFD Transaction. If the new CFD Transaction is greater in size than the existing CFD Transaction, then the existing CFD Transaction will be closed in full and a CFD Transaction will be opened in relation to the excess size of the new CFD Transaction. 4.3. For Accounts using “hedging” setting: You may open a position by providing us with a CFD Order. Your request to open a new position will not close current Open Positions.