Events Outside Our Control and Market Disruption Events Sample Clauses

Events Outside Our Control and Market Disruption Events. 16.1. We may determine that a situation or an exceptional market condition exists which constitutes an Event Outside Our Control and/or a Market Disruption Event. 16.2. If we determine that an Event Outside Our Control or Market Disruption Event has occurred we may take any of the steps referred to in clause 16.3 with immediate effect. We will take reasonable steps to notify you of any action we take before we take any action to the extent practicable. If it is not practicable to give you prior notice, we will notify you at the time or promptly after taking any such action. 16.3. If we determine that an Event outside our Control and/or a Market Disruption Event has occurred, we may, in our absolute discretion, take one or more of the following steps: 16.3.1. cease or suspend trading and/or refuse to enter into any Trades or accept any Orders; 16.3.2. alter our normal trading times for all or any Markets; 16.3.3. change Our Price and Our Spreads and/or minimum or maximum Quantity; 16.3.4. close any Open Positions, cancel and/or fill any Orders, and/or make adjustments to the price and/ or Quantity of any Open Positions and Orders; 16.3.5. change the Margin Factors and/or Margin Multipliers in relation to both Open Positions and new Trades; 16.3.6. change the Margin Close Out Level applicable to your Account; 16.3.7. immediately require payments of any amounts you owe us, including Margin Requirement; 16.3.8. alter or withdraw the Credit on your Account; 16.3.9. void (as if the Trade had never occurred) or roll over any Open Positions; and/or 16.3.10. take or omit to take all such other actions as we consider to be reasonable in the circumstances to protect ourselves and our clients as a whole. 16.4. In some cases we may be unable, after using reasonable efforts, to acquire, establish, re-establish, substitute, maintain, unwind or dispose of any Underlying Instrument we consider necessary to hedge or protect our exposure to market and other risks arising from an Open Position. When this occurs we may close that Open Position at the prevailing Our Price. 16.5. We will not be liable to you for any loss or damage arising under this clause 16, provided we act reasonably.

Events Outside Our Control and Market Disruption Events. We may determine that a situation or an exceptional market condition exists which constitutes an Event Outside Our Control and/or a Market Disruption Event. If we determine that an Event Outside Our Control or Market Disruption Event has occurred, we may take any of the steps referred to in clause 15.2 with immediate effect. We will take reasonable steps to notify you of any action we take before we take any action to the extent practicable.

Events Outside Our Control and Market Disruption Events. 15.1 We may determine that a situation or an exceptional market condition exists which constitutes an Event Outside Our Control and/or a Market Disruption Event. 15.2 If we determine that an Event Outside Our Control or Market Disruption Event has occurred we may take any of the steps referred to in clause 15.3 with immediate effect. We will take reasonable steps to notify you of any action we take before we take any action to the extent practicable. If it is not practicable to give you prior notice, we will notify you at the time or promptly after taking any such action. 15.3 If we determine that an Event outside our Control and/or a Market Disruption Event has occurred, we may take one or more of the following steps: 15.3.1 Cease or suspend trading and/or refuse to enter into any Trades or accept any Orders; 15.3.2 Alter our normal trading times for all or any Instruments and foreign currencies; 15.