Common use of ENTERING INTO A TRANSACTION Clause in Contracts

ENTERING INTO A TRANSACTION. (1) You may request on any given Business Day, via the trading platform, email or otherwise, for Mitrade to quote a price at which Mitrade may be prepared to enter into a Financial Product. You acknowledge that a price quotation pursuant to this request does not constitute an offer to transact. (2) Upon receiving the quote from Mitrade, you may via the trading platform, email or otherwise, place an order, thereby offering Mitrade to enter into a Financial Product transaction with you at the price quoted by Xxxxxxx. (3) Mitrade is in no way obliged to accept your offer to enter into a Financial Product transaction and, without limitation, has absolute discretion not to accept your offer to enter into a Financial Product transaction, if you have exceeded or would exceed a predetermined limit imposed on you under this Client Agreement; or until Mitrade has received from you the Initial Margin where required, in the form of cleared funds. Mitrade will promptly advise you, should Mitrade decide not to accept your offer to enter into a Financial Product transaction. (4) If not already received from you, the Initial Margin will be payable to Mitrade upon acceptance by Mitrade of your offer to enter into the Financial Product transaction. (5) Should Mitrade accept your offer to enter into a Financial Product transaction, Mitrade will issue to you an email Confirmation 1 to 2 business days after the Financial Product transaction has been entered into. Regardless of the fact that the on-line trading facility might confirm that a contract is executed immediately when you transmit instructions via the on-line trading facility, the email Confirmation forwarded by Mitrade constitutes Mitrade’s official Confirmation of a contract. Failure by Mitrade to issue a Confirmation will not prejudice or affect the relevant Financial Product transaction. Mitrade will not bear any liability whatsoever resulting from the failure to issue a Confirmation. (6) For the avoidance of doubt, a Confirmation is provided on a transaction by transaction basis 1 to 2 days after the transaction in the form of an email from Mitrade. The Confirmation will contain the identification details of the product issuer, your account details, date of the transaction, description of the transaction, amount payable and any taxes or stamp duty applicable to the transaction. (7) You agree to examine the terms of each Confirmation immediately upon receipt and you agree that the contents of the Confirmation, in the absence of manifest error, will be conclusive evidence of the executed deal, unless within 48 hours of issue of a Confirmation you notify Mitrade of any disputed detail in the Confirmation received by you. Upon receipt of written notice within the 48 hour period of the disputed detail, Xxxxxxx will investigate the dispute and with your co-operation, will endeavour to resolve the dispute. Notwithstanding any such dispute, you will continue to satisfy any obligation including but not limited to the obligation to pay Margin Calls made by Mitrade in respect of the transaction as if the Confirmation was correct and its details were not the subject of dispute. (8) In its absolute discretion, Mitrade reserves the right to limit the value of Financial Product transactions you may enter into under this Client Agreement. Should you wish to enter into any further Financial Product transactions, you must seek and obtain approval from Mitrade, which Mitrade may grant or refuse in its absolute discretion. (9) Orders may be placed as market orders to buy or sell an instrument as soon as possible at the price obtainable in the market, or limit and stop orders to trade when the price reaches a predefined level, as applicable to the various instruments offered. Limit orders to buy and stop orders to sell must be placed below the current market price, and limit orders to sell and stop orders to buy must be placed above the current market price. If the bid price for sell orders or ask price for buy orders is reached, the order will be filled at the price obtainable in the market and when Mitrade is able to fully hedge the transaction with its hedge counterparties on a back to back basis. Limit and stop orders are thus not guaranteed executable at the specified level or amount, unless explicitly stated otherwise by Xxxxxxx. (10) If you provide Mitrade with standing instructions to enter into a Financial Product transaction when a particular price level is reached in the market of the Underlying Instrument, you acknowledge that the price at which the Financial Product transaction is entered into may not be the same as the price requested by you as Mitrade may elect not to enter into the Financial Product transaction until it has satisfied itself that it can hedge its exposure to you on a back to back basis.

ENTERING INTO A TRANSACTION. (1) You may request on any given Business Day, via the trading platform, email or otherwise, for Mitrade to quote a price at which Mitrade may be prepared to enter into a Financial Product. You acknowledge that a price quotation pursuant to this request does not constitute an offer to transact. (2) Upon receiving the quote from Mitrade, you may via the trading platform, email or otherwise, place an order, thereby offering Mitrade to enter into a Financial Product transaction with you at the price quoted by Xxxxxxx. (3) Mitrade is in no way obliged to accept your offer to enter into a Financial Product transaction and, without limitation, has absolute discretion not to accept your offer to enter into a Financial Product transaction, if you have exceeded or would exceed a predetermined limit imposed on you under this Client Agreement; or until Mitrade has received from you the Initial Margin where required, in the form of cleared funds. Mitrade will promptly advise you, should Mitrade decide not to accept your offer to enter into a Financial Product transaction. (4) If not already received from you, the Initial Margin will be payable to Mitrade upon acceptance by Mitrade of your offer to enter into the Financial Product transaction. (5) Should Mitrade accept your offer to enter into a Financial Product transaction, Mitrade will issue to you an email Confirmation 1 to 2 business days after the Financial Product transaction has been entered into. Regardless of the fact that the on-line on−line trading facility might confirm that a contract is executed immediately when you transmit instructions via the on-line on−line trading facility, the email Confirmation forwarded by Mitrade constitutes Mitrade’s official Confirmation of a contract. Failure by Mitrade to issue a Confirmation will not prejudice or affect the relevant Financial Product transaction. Mitrade will not bear any liability whatsoever resulting from the failure to issue a Confirmation. (6) For the avoidance of doubt, a Confirmation is provided on a transaction by transaction basis 1 to 2 days after the transaction in the form of an email from Mitrade. The Confirmation will contain the identification details of the product issuer, your account details, date of the transaction, description of the transaction, amount payable and any taxes or stamp duty applicable to the transaction. (7) You agree to examine the terms of each Confirmation immediately upon receipt and you agree that the contents of the Confirmation, in the absence of manifest error, will be conclusive evidence of the executed deal, unless within 48 hours of issue of a Confirmation you notify Mitrade of any disputed detail in the Confirmation received by you. Upon receipt of written notice within the 48 hour period of the disputed detail, Xxxxxxx will investigate the dispute and with your co-operationco−operation, will endeavour to resolve the dispute. Notwithstanding any such dispute, you will continue to satisfy any obligation including but not limited to the obligation to pay Margin Calls made by Mitrade in respect of the transaction as if the Confirmation was correct and its details were not the subject of dispute. (8) In its absolute discretion, Mitrade reserves the right to limit the value of Financial Product transactions you may enter into under this Client Agreement. Should you wish to enter into any further Financial Product transactions, you must seek and obtain approval from Mitrade, which Mitrade may grant or refuse in its absolute discretion. (9) Orders may be placed as market orders to buy or sell an instrument as soon as possible at the price obtainable in the market, or limit and stop orders to trade when the price reaches a predefined level, as applicable to the various instruments offered. Limit orders to buy and stop orders to sell must be placed below the current market price, and limit orders to sell and stop orders to buy must be placed above the current market price. If the bid price for sell orders or ask price for buy orders is reached, the order will be filled at the price obtainable in the market and when Mitrade is able to fully hedge the transaction with its hedge counterparties on a back to back basis. Limit and stop orders are thus not guaranteed executable at the specified level or amount, unless explicitly stated otherwise by Xxxxxxx. (10) If you provide Mitrade with standing instructions to enter into a Financial Product transaction when a particular price level is reached in the market of the Underlying Instrument, you acknowledge that the price at which the Financial Product transaction is entered into may not be the same as the price requested by you as Mitrade may elect not to enter into the Financial Product transaction until it has satisfied itself that it can hedge its exposure to you on a back to back basis.

ENTERING INTO A TRANSACTION. (1) You may request on any given Business Day, via the trading platform, email or otherwise, for Mitrade to quote a price at which Mitrade may be prepared to enter into a Financial Product. You acknowledge that a price quotation pursuant to this request does not constitute an offer to transact. (2) Upon receiving the quote from Mitrade, you may via the trading platform, email or otherwise, place an order, thereby offering Mitrade to enter into a Financial Product transaction with you at the price quoted by XxxxxxxMitrade. (3) Mitrade is in no way obliged to accept your offer to enter into a Financial Product transaction and, without limitation, has absolute discretion not to accept your offer to enter into a Financial Product transaction, if you have exceeded or would exceed a predetermined limit imposed on you under this Client Agreement; or until Mitrade has received from you the Initial Margin where required, in the form of cleared funds. Mitrade will promptly advise you, should Mitrade decide not to accept your offer to enter into a Financial Product transaction. (4) If not already received from you, the Initial Margin will be payable to Mitrade upon acceptance by Mitrade of your offer to enter into the Financial Product transaction. (5) Should Mitrade accept your offer to enter into a Financial Product transaction, Mitrade will issue to you an email Confirmation 1 to 2 business days after the Financial Product transaction has been entered into. Regardless of the fact that the on-line on−line trading facility might confirm that a contract is executed immediately when you transmit instructions via the on-line on−line trading facility, the email Confirmation forwarded by Mitrade constitutes Mitrade’s official Confirmation of a contract. Failure by Mitrade to issue a Confirmation will not prejudice or affect the relevant Financial Product transaction. Mitrade will not bear any liability whatsoever resulting from the failure to issue a Confirmation. (6) For the avoidance of doubt, a Confirmation is provided on a transaction by transaction basis 1 to 2 days after the transaction in the form of an email from Mitrade. The Confirmation will contain the identification details of the product issuer, your account details, date of the transaction, description of the transaction, amount payable and any taxes or stamp duty applicable to the transaction. (7) You agree to examine the terms of each Confirmation immediately upon receipt and you agree that the contents of the Confirmation, in the absence of manifest error, will be conclusive evidence of the executed deal, unless within 48 hours of issue of a Confirmation you notify Mitrade of any disputed detail in the Confirmation received by you. Upon receipt of written notice within the 48 hour period of the disputed detail, Xxxxxxx will investigate the dispute and with your co-operationco−operation, will endeavour to resolve the dispute. Notwithstanding any such dispute, you will continue to satisfy any obligation including but not limited to the obligation to pay Margin Calls made by Mitrade in respect of the transaction as if the Confirmation was correct and its details were not the subject of dispute. (8) In its absolute discretion, Mitrade reserves the right to limit the value of Financial Product transactions you may enter into under this Client Agreement. Should you wish to enter into any further Financial Product transactions, you must seek and obtain approval from Mitrade, which Mitrade may grant or refuse in its absolute discretion. (9) Orders may be placed as market orders to buy or sell an instrument as soon as possible at the price obtainable in the market, or limit and stop orders to trade when the price reaches a predefined level, as applicable to the various instruments offered. Limit orders to buy and stop orders to sell must be placed below the current market price, and limit orders to sell and stop orders to buy must be placed above the current market price. If the bid price for sell orders or ask price for buy orders is reached, the order will be filled at the price obtainable in the market and when Mitrade is able to fully hedge the transaction with its hedge counterparties on a back to back basis. Limit and stop orders are thus not guaranteed executable at the specified level or amount, unless explicitly stated otherwise by Xxxxxxx. (10) If you provide Mitrade with standing instructions to enter into a Financial Product transaction when a particular price level is reached in the market of the Underlying Instrument, you acknowledge that the price at which the Financial Product transaction is entered into may not be the same as the price requested by you as Mitrade may elect not to enter into the Financial Product transaction until it has satisfied itself that it can hedge its exposure to you on a back to back basis.

ENTERING INTO A TRANSACTION. (1) You may request on any given Business Day, via the trading platformTrading Platform, email or otherwise, for Mitrade to quote a price at which Mitrade may be prepared to enter into a Financial Product. You acknowledge that a price quotation pursuant to this request does not constitute an offer to transact. (2) Upon receiving the quote from Mitrade, you may via the trading platformTrading Platform, email or otherwise, place an order, thereby offering Mitrade to enter into a Financial Product transaction with you at the price quoted by Xxxxxxx. (3) Mitrade is in no way obliged to accept your offer to enter into a Financial Product transaction and, without limitation, has absolute discretion not to accept your offer to enter into a Financial Product transaction, if you have exceeded or would exceed a predetermined limit imposed on you under this Client Agreement; or until Mitrade has received from you the Initial Margin where required, in the form of cleared funds. Mitrade will promptly advise you, should Mitrade decide not to accept your offer to enter into a Financial Product transaction. (4) If not already received from you, the Initial Margin will be payable to Mitrade upon acceptance by Mitrade of your offer to enter into the Financial Product transaction. (5) Should Mitrade accept your offer to enter into a Financial Product transaction, Mitrade will issue to you an email Confirmation 1 to 2 business days after the Financial Product transaction has been entered into. Regardless of the fact that the on-line online trading facility might confirm that a contract is executed immediately when you transmit instructions via the on-line online trading facility, the email Confirmation forwarded by Mitrade constitutes Mitrade’s official Confirmation of a contract. Failure by Mitrade to issue a Confirmation will not prejudice or affect the relevant Financial Product transaction. Mitrade will not bear any liability whatsoever resulting from the failure to issue a Confirmation. (6) For the avoidance of doubt, a Confirmation is provided on a transaction by transaction basis 1 to 2 days after the transaction in the form of an email from Mitrade. The Confirmation will contain the identification details of the product issuer, your account details, date of the transaction, description of the transaction, amount payable and any taxes or stamp duty applicable to the transaction. (7) You agree to examine the terms of each Confirmation immediately upon receipt and you agree that the contents of the Confirmation, in the absence of manifest error, will be conclusive evidence of the executed deal, unless within 48 hours of issue of a Confirmation you notify Mitrade of any disputed detail in the Confirmation received by you. Upon receipt of written notice within the 48 hour period of the disputed detail, Xxxxxxx will investigate the dispute and with your co-operation, will endeavour to resolve the dispute. Notwithstanding any such dispute, you will continue to satisfy any obligation including but not limited to the obligation to pay Margin Calls made by Mitrade in respect of the transaction as if the Confirmation was correct and its details were not the subject of dispute. (8) In its absolute discretion, Mitrade reserves the right to limit the value of Financial Product transactions you may enter into under this Client Agreement. Should you wish to enter into any further Financial Product transactions, you must seek and obtain approval from Mitrade, which Mitrade may grant or refuse in its absolute discretion. (9) Orders may be placed as market orders to buy or sell an instrument as soon as possible at the price obtainable in the market, or limit and stop orders to trade when the price reaches a predefined level, as applicable to the various instruments offered. Limit orders to buy and stop orders to sell must be placed below the current market price, and limit orders to sell and stop orders to buy must be placed above the current market price. If the bid price for sell orders or ask price for buy orders is reached, the order will be filled at the price obtainable in the market and when Mitrade is able to fully hedge the transaction with its hedge counterparties on a back to back basis. Limit and stop orders are thus not guaranteed executable at the specified level or amount, unless explicitly stated otherwise by Xxxxxxx. (10) If you provide Mitrade with standing instructions to enter into a Financial Product transaction when a particular price level is reached in the market of the Underlying Instrument, you acknowledge that the price at which the Financial Product transaction is entered into may not be the same as the price requested by you as Mitrade may elect not to enter into the Financial Product transaction until it has satisfied itself that it can hedge its exposure to you on a back to back basis.

ENTERING INTO A TRANSACTION. (1) You may request on any given Business Day, via the trading platform, email or otherwise, for Mitrade to quote a price at which Mitrade may be prepared to enter into a Financial Product. You acknowledge that a price quotation pursuant to this request does not constitute an offer to transact. (2) Upon receiving the quote from Mitrade, you may via the trading platform, email or otherwise, place an order, thereby offering Mitrade to enter into a Financial Product transaction with you at the price quoted by XxxxxxxMitrade. (3) Mitrade is in no way obliged to accept your offer to enter into a Financial Product transaction and, without limitation, has absolute discretion not to accept your offer to enter into a Financial Product transaction, if you have exceeded or would exceed a predetermined limit imposed on you under this Client Agreement; or until Mitrade has received from you the Initial Margin where required, in the form of cleared funds. Mitrade will promptly advise you, should Mitrade decide not to accept your offer to enter into a Financial Product transaction. (4) If not already received from you, the Initial Margin will be payable to Mitrade upon acceptance by Mitrade of your offer to enter into the Financial Product transaction. (5) Should Mitrade accept your offer to enter into a Financial Product transaction, Mitrade will issue to you an email Confirmation 1 to 2 business days after the Financial Product transaction has been entered into. Regardless of the fact that the on-line trading facility might confirm that a contract is executed immediately when you transmit instructions via the on-line trading facility, the email Confirmation forwarded by Mitrade constitutes Mitrade’s official Confirmation of a contract. Failure by Mitrade to issue a Confirmation will not prejudice or affect the relevant Financial Product transaction. Mitrade will not bear any liability whatsoever resulting from the failure to issue a Confirmation. (6) For the avoidance of doubt, a Confirmation is provided on a transaction by transaction basis 1 to 2 days after the transaction in the form of an email from Mitrade. The Confirmation will contain the identification details of the product issuer, your account details, date of the transaction, description of the transaction, amount payable and any taxes or stamp duty applicable to the transaction. (7) You agree to examine the terms of each Confirmation immediately upon receipt and you agree that the contents of the Confirmation, in the absence of manifest error, will be conclusive evidence of the executed deal, unless within 48 hours of issue of a Confirmation you notify Mitrade of any disputed detail in the Confirmation received by you. Upon receipt of written notice within the 48 hour period of the disputed detail, Xxxxxxx Mitrade will investigate the dispute and with your co-operation, will endeavour to resolve the dispute. Notwithstanding any such dispute, you will continue to satisfy any obligation including but not limited to the obligation to pay Margin Calls made by Mitrade in respect of the transaction as if the Confirmation was correct and its details were not the subject of dispute. (8) In its absolute discretion, Mitrade reserves the right to limit the value of Financial Product transactions you may enter into under this Client Agreement. Should you wish to enter into any further Financial Product transactions, you must seek and obtain approval from Mitrade, which Mitrade may grant or refuse in its absolute discretion. (9) Orders may be placed as market orders to buy or sell an instrument as soon as possible at the price obtainable in the market, or limit and stop orders to trade when the price reaches a predefined level, as applicable to the various instruments offered. Limit orders to buy and stop orders to sell must be placed below the current market price, and limit orders to sell and stop orders to buy must be placed above the current market price. If the bid price for sell orders or ask price for buy orders is reached, the order will be filled at the price obtainable in the market and when Mitrade is able to fully hedge the transaction with its hedge counterparties on a back to back basis. Limit and stop orders are thus not guaranteed executable at the specified level or amount, unless explicitly stated otherwise by XxxxxxxMitrade. (10) If you provide Mitrade with standing instructions to enter into a Financial Product transaction when a particular price level is reached in the market of the Underlying Instrument, you acknowledge that the price at which the Financial Product transaction is entered into may not be the same as the price requested by you as Mitrade may elect not to enter into the Financial Product transaction until it has satisfied itself that it can hedge its exposure to you on a back to back basis.