Dealing Practice. 5.1 Any day order for purchase or sale of Securities placed by the Client that has not been executed before the close of trading hours of the relevant Exchange or such other expiration date required by the Exchange or such other later time as the Client and WLSL may agree shall be deemed to have been cancelled automatically.
Dealing Practice. 27. Any day order for purchase or sale of Securities placed by the Customer that has not been executed before the close of business of the relevant Exchange or such other expiration date required by the Exchange or such other later time as the Customer and the Company may agree shall be deemed to have been cancelled automatically.
Dealing Practice. 12.1 The Customer acknowledges and agrees that once an order is placed to the Company and executed, the Customer is required to take or make delivery of the Commodities or to settle the Contract by cash unless the Customer's initial position is liquidated, provided always that the Company may at its absolute discretion request for cash settlement of the Contract instead of physical settlement.
Dealing Practice. 12.1 The Customer acknowledges and agrees that once an order is placed to MFL and executed, the Customer is required to take or make delivery of the Commodities or to settle the Contract by cash unless the Customer’s initial position is liquidated, provided always that MFL may at its absolute discretion request for cash settlement of the Contract instead of physical settlement.
Dealing Practice. 2.1 The Company is hereby authorized to act upon the instruction of the Client to deposit, purchase and/or sell securities for the Account(s) and otherwise deal with securities, receivables or monies held in for the Account(s).
Dealing Practice. 6.1 All instructions relating to Securities Transactions must be given by the Customer in such manner and contain such details as the Bank shall prescribe in its discretion and subject to any applicable law, rule, regulation or order, or any direction, guideline, notice or restriction (whether or not having the force of law) issued by any competent authority, government agency, exchange or body. Where instructions are given in writing, they must be in such form and manner prescribed by the Bank from time to time and duly signed in accordance with the Agreed Signing Arrangement. Any instruction which is found by the Bank to be defective in any respect is liable to be rejected by the Bank without notice to the Customer. The Customer acknowledges that it has the sole responsibility to verify that all instructions to the Bank are precise and given in the prescribed manner and contain the required details and the Bank shall have no obligation to notify the Customer of any defective instruction.
