Common use of Acceptance of Orders; Position Limits Clause in Contracts

Acceptance of Orders; Position Limits. (i) Xxxxxx Xxxxxxx shall have the right to limit the size of open positions (net or gross) of Customer with respect to the Account at any time and to refuse acceptance of orders to establish new positions, whether such refusal or limitation is required by, or based on position limits imposed under, Applicable Law. Xxxxxx Xxxxxxx shall immediately notify Customer of its rejection of any order. Unless specified by Customer, Xxxxxx Xxxxxxx may designate the exchange or other markets (including, without limitation, GLOBEX or ACCESS) on which it will attempt to execute orders.

Appears in 17 contracts

Samples: Customer Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Commodity Futures Customer Agreement (Witter Dean Spectrum Strategic Lp)

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