Common use of Client Orders Clause in Contracts

Client Orders. Availability of orders a. if you do not have the required funds deposited in the client trading account; and b. in the case of any communication or technical failure as well as any incorrect reflection on the quotes feed (i.e. prices to freeze/stop updating or price spikes), we reserve the right not to execute an order or, where the order was executed, to change the Opening and/or Closing Price of a particular order or to cancel the said executed order. a. Slippage is the difference between a requested price of a trade or pending order and the price at which the order was executed or filled. A gap in the markets is a break between prices on a chart that occurs when the price of a product makes a sharp move up or down with no trading occurring in between or when the Underlying Market closes at different rate to when it opens again. b. There are two common types of slippage: i. when a market gaps, either over the weekend or after a news event (like payroll figures or interest rate decisions); and ii. when a price is clicked on and has substantially changed in the time it took to get back to the executing bank or broker. c. For the benefit of our clients, we treat both slippage scenarios in the same way that they would be treated in the exchange-traded share or futures markets in that we slip our clients to a better price if the interbank market from which we obtain prices has moved in the client’s favour, and similarly a worse price if the market has moved against them. The price differences reflect the slippage that we get from the aggregated price obtained from our hedging counterparties. You will remain liable for any losses in your Account which may be realised as the result of the filling of an order, regardless of the trading resources available on your Account at the time the order was filled.

Client Orders. Availability of ‌ You can add or modify limit, stop, trailing stop, and if done, can cancel the other orders on Securities. Under certain conditions, we, or an Underlying Broker, may refuse to accept these orders, including: a. if you do not have the required funds deposited in the client trading accountapplicable Trading Account; and b. in the case of any communication or technical failure as well as any incorrect reflection on the quotes feed on the Trading Platform (i.e. prices to freeze/stop updating or price spikes), we reserve the right not to execute deliver your order for execution by an Underlying Broker, or the Underlying Broker may reserve the right not to execute, an order or, where the order was executed, to change the Opening and/or Closing Price of a particular order or to cancel the said executed order. a. Slippage is the difference between a requested price of a trade or pending order and the price at which the order was executed or filled. A gap in the markets is a break between prices on a chart that occurs when the price of a product Security makes a sharp move up or down with no trading occurring in between or when the Underlying Market closes at different rate rates to when it opens again. b. There are two common types of slippage: i. when a market gaps, either over the weekend or after a news event (like payroll figures or interest rate decisions)event; and ii. when a price is clicked on and has substantially changed in the time it took to get back to the executing bank or broker. c. For the benefit of our clients, we treat both slippage scenarios in the same way that they would be treated in the exchange-traded share or futures markets in that we slip our clients to a better price if the interbank market from which we obtain prices has moved in the client’s favour, and similarly a worse price if the market has moved against them. The price differences reflect the slippage that we get from the aggregated price obtained from our hedging counterpartiescounterparties including Underlying Brokers. You will remain liable for any losses in your Account which may be realised as the result of the filling of an order, regardless of the trading resources available on your Account at the time the order was filled.

Client Orders. Availability of orders a. if you do not have the required funds deposited in the client trading account; and b. in the case of any communication or technical failure as well as any incorrect reflection on the quotes feed (i.e. prices to freeze/stop updating or price spikes), we reserve the right not to execute an order or, where the order was executed, to change the Opening and/or Closing Price of a particular order or to cancel the said executed order. a. Slippage is the difference between a requested price of a trade or pending order and the price at which the order was executed or filled. A gap in the markets is a break between prices on a chart that occurs when the price of a product makes a sharp move up or down with no trading occurring in between or when the Underlying Market closes at a different rate to when it opens again. b. There are two common types of slippage: i. when a market gaps, either over the weekend or after a news event (like payroll figures or interest rate decisions); and ii. when a price is clicked on and has substantially changed in the time it took to get back to the executing bank or broker. c. For the benefit of our clients, we treat both slippage scenarios in the same way that they would be treated in the exchange-traded share or futures markets in that we slip our clients to a better price if the interbank market from which we obtain prices has moved in the client’s favour, and similarly a worse price if the market has moved against them. The price differences reflect the slippage that we get from the aggregated price obtained from our hedging counterparties. You will remain liable for any losses in your Account which may be realised as the result of the filling of an order, regardless of the trading resources available on your Account at the time the order was filled.