Common use of Closure during Business Day Clause in Contracts

Closure during Business Day. Where a Margin FX contract or CFD has been closed out during a Business Day, Clauses 12.3 and 12.4 of this Agreement will continue to apply to your long and short positions in the particular Underlying Instrument until Close Of Business on such Business Day and will apply to the balance of your outstanding long or short position (if any) in the relevant underlying instrument with effect immediately after Close Of Business on such Business Day.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

AutoNDA by SimpleDocs

Closure during Business Day. Where a Margin margin FX contract or CFD has been closed out during a Business Daybusiness day, Clauses 12.3 and 12.4 of this Agreement will continue to apply to your long and short positions in the particular Underlying Instrument underlying instrument until Close Of Business close of business on such Business Day business day and will apply to the balance of your outstanding long or short position (if any) in the relevant underlying instrument with effect immediately after Close Of Business close of business on such Business Daybusiness day.

Appears in 1 contract

Samples: Client Agreement

Closure during Business Day. Where a Margin margin FX contract or CFD has been closed out during a Business Daybusiness day, Clauses Clause 12.3 and 12.4 of this Agreement will continue to apply to your long and short positions in the particular Underlying Instrument underlying instrument until Close Of Business close of business on such Business Day business day and will apply to the balance of your outstanding long or short position (if any) in the relevant underlying instrument with effect immediately after Close Of Business close of business on such Business Daybusiness day.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

Closure during Business Day. Where a Margin FX contract or CFD Contract has been closed out during a Business Day, Clauses 12.3 clauses 11.2 and 12.4 11.3 of this Agreement will continue to apply to your long and short positions Positions in the particular Underlying Instrument until Close Of of Business on such Business Day and will apply to the balance of your outstanding long or short position Position (if any) in the relevant underlying instrument Underlying Instrument with effect immediately after Close Of of Business on such Business Day.

Appears in 1 contract

Samples: Client Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!