Common use of Execution of Orders Clause in Contracts

Execution of Orders. 1. An order will be queued for execution in the following cases: - Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order level; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the order level. 2. In cases of price gaps the orders are executed according to the following rules: - pending orders, where the open level and the Take Profit got into a price gap, are canceled with a comment [canceled/gap]; - Take Profit order the level of which is within a price gap, is executed at the price set by the order; - Stop Loss order, which is within the price gap, is executed at the first received price following the gap and marked by a comment [sl/gap]; - Buy Stop and Sell Stop pending orders are executed at the first price received following a price gap, with [started/gap] appearing as a comment; - Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in the order prices. 3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".

Execution of Orders. 1. An 11.1 Buy Stop order will be queued enqueued for execution in the following cases: - Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower case current quote Ask has become equal or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order level; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the higher than order level. 2. In cases of price gaps the orders are executed according to the following rules: - pending orders, where the open level and the Take Profit got into a price gap, are canceled with a comment [canceled/gap]; - 11.2 Sell Stop order will be enqueued for execution in case current quote Bid has become lower than order level. 11.3 Buy Limit order will be enqueued for execution in case current quote Ask has become equal or lower than order level. 11.4 Sell Limit order will be enqueued for execution in case current quote Bid has become equal or higher than order level. 11.5 Take Profit order associated with an open long position will be enqueued for execution in case current quote Bid has become equal or higher than order level. 11.6 Stop Loss order associated with open long positions will be enqueued for execution in case current quote Bid has become equal or lower than order level. 11.7 Take Profit order associated with open short position will be enqueued for execution in case current quote Ask has become equal or lower than order level. 11.8 Stop Loss order associated with short position will be enqueued for execution in case current quote Ask has become equal or higher than order level. 11.9 At the level moment of which execution of Buy Stop, Sell Stop, Buy Limit and Sell Limit orders, checking of the Client's account for available Free Margin takes place. In case there is within a price gapnot enough Free Margin for the position open, is the order will be deleted with the comment "No money". 11.10 Buy Stop, Sell Stop, Stop Loss orders will be executed at the price set by the order; - Stop Loss order, which is within the price gap, is executed at the first received moment of order execution. Buy Limit, Sell Limit and Take Profit orders will be filled either at the exact price following client set or a more favorable price in the gap and marked by a comment [sl/gap]; - direction of client’s trade. 11.11 Buy Stop and Sell Stop pending Orders with associated Take Profit orders are executed at the first price received following shall be cancelled in case of a price gap, with [started/gap] appearing as the first quote after which is a comment; - Buy Limit trigger for execution of stop order and Sell Limit pending orders are executed at the Take Profit set price and marked by a comment [started/gap]. In some cases, when price gaps are small, orders can for this Order. 11.12 Pending order is considered to be executed in a customary mode, according to the set after an appropriate record in the order pricesserver's Log- file has been made. 3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".

Execution of Orders. 13.13.1. An order will be queued for execution in the following cases: - Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order level; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the order level. 23.13.2. In cases of price gaps the orders are executed according to the following rules: - pending orders, where the open level and the Take Profit got into a price gap, are canceled with a comment [canceled/gap]; - Take Profit order the level of which is within a price gap, is executed at the price set by the order; Company has right to execute in price more favorable to Customer - Stop Loss order, which is within the price gap, is executed at the first received price following the gap and marked by a comment [sl/gap]; - Buy Stop and Sell Stop pending orders are executed at the first price received following a price gap, with [started/gap] appearing as a comment; - Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in the order prices. 33.13.3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer"automatically.

Execution of Orders. 13.15.1. An order will be queued for execution in the following cases: - cases:- Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order level; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the order level.; 23.15.2. In cases of price gaps the orders are executed according to the following rules: - rules:- pending orders, where the open level and the Take Profit got into a price gap, are canceled with a comment [canceled/gap]; - gap];- Take Profit order the level of which is within a price gap, is executed at the price set by the order; - Stop Loss order, which is within the price gap, is executed at the first received price following the gap and marked by a comment [sl/gap]; - gap];- Buy Stop and Sell Stop pending orders are executed at the first price received following a price gap, with [started/gap] appearing as a comment; - comment;- Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In gap].In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in the order prices.; 33.15.3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".

Execution of Orders. 13.15.1. An order will be queued for execution in the following cases: - cases:- Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order level; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow flow exceeds or equals the order level.; 23.15.2. In cases of price gaps the orders are executed according to the following rules: - rules:- pending orders, where the open level and the Take Profit Profit got into a price gap, are canceled with a comment [canceled/gap]; - gap];- Take Profit Profit order the level of which is within a price gap, is executed at the price set by the order; - Stop Loss order, which is within the price gap, is executed at the first first received price following the gap and marked by a comment [sl/gap]; - gap];- Buy Stop and Sell Stop pending orders are executed at the first first price received following a price gap, with [started/gap] appearing as a comment; - comment;- Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In gap].In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in the order prices.; 33.15.3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".

Execution of Orders. 1. An (a) The Order is placed in the queue in order will to be queued for execution executed in the following cases: - Sell Stop ● The “Take Profit” on open Long Position is placed in the queue in order is queued for execution the moment to be executed if the Bid price in the streaming quotes Quotes Flow becomes lower equal or equal to higher than the order level; - Buy ● The “Stop Loss” on open Long Position is placed in the queue in order to be executed if the Bid price in the Quotes Flow becomes equal or lower than the order level; ● The “Take Profit” on open Short Position is queued for execution placed in the moment queue in order to be executed if the Ask price in the streaming quotes hits Quotes Flow becomes equal or exceeds lower than the order level; - ● The “Stop Loss” on open Short Position is placed in the queue in order to be executed if the Ask price in the Quotes Flow becomes equal or higher than the order level; ● The “Buy Limit” is placed in the queue in order to be executed if the Ask price in the Quotes Flow becomes equal or lower than the order level; ● The “Sell Limit Limit” is placed in the queue in order is queued for execution the moment to be executed if the Bid price in the streaming quotes hits Quotes Flow becomes equal or exceeds higher than the order level; - ● The “Buy Limit Stop” is placed in the queue in order is queued for execution the moment to be executed if the Ask price in the streaming quotes Quotes Flow becomes lower equal or equal to higher than the order level; - Take Profit ● The “Sell Stop” is placed in the queue in order for open buy position is queued for execution when to be executed if the Bid price in the streaming quotes exceeds Quotes Flow becomes equal or equals lower than the order level; - Stop Loss . The Company will endeavor to execute Limit Orders at the limit price requested by the Client. However the Company may not be able to execute any of the Limit Orders for reasons including without limitation (i) there is not enough volume in the underlying market, (ii) the order exceeds the Company’s risk management limits as set and amended by the Company from time to time based on market conditions and other relevant factors, (iii) the bid or ask (whichever relevant to your Limit Order) is not at the required level i.e. if the order is to sell then the bid level must reach your limit price, if the order is to buy, the ask price must reach the limit price. (b) Order activation for open buy position triggersTrading Accounts on the server takes up to 5 seconds. ● Subject to any exceptions defined in current clause below, when the Bid order price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the order level. 2. In cases of price gaps the orders are executed according to the following rules: - pending orders, where the open level and the Take Profit got falls into a price gap on market opening or in abnormal market conditions, the order will be executed by the market price at the time of the execution at the moment that activation of the order ends; ● The following rule operates for orders that fall in a gap on certain currency pairs as shown on the Company’s website: ○ if the order is executed in market conditions different from normal (for example: under conditions of low liquidity), or ○ if the price specified in the pending order falls into the gap and the difference (absolute value) in pips between the market price at the time of the execution (after the gap) and the price of the order is equal to or exceeds a certain number of pips (gap level) for a particular instrument, are canceled with a comment [canceled/gap]; - Take Profit order the level of which is within a price gap● such an order, is as mentioned in either i) or ii) above, will be executed at the market price set by at the order; - Stop Loss order, which is within time of the execution that follows the gap. In all remaining cases the order execution price will correspond to the price gap, is executed at the first received price following the gap and marked by a comment [sl/gap]; - Buy Stop and Sell Stop pending orders are executed at the first price received following a price gap, with [started/gap] appearing as a comment; - Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set specified in the order prices. ● Buy Stop, Sell Stop and Stop Loss Orders may be executed at a level worse than that specified by the Client; and Buy Limit, Sell Limit and Take Profit Orders may be executed at a level better than that specified by the Client. 3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".

Execution of Orders. 13.14.1. An order will be queued for execution in the following cases: - cases:- Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order level; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the order level. 23.14.2. In cases of price gaps the orders are executed according to the following rules: - rules:- pending orders, where the open level and the Take Profit got into a price gap, are canceled with a comment [canceled/gap]; - gap];- Take Profit order the level of which is within a price gap, is executed at the price set by the order; - Stop Loss order, which is within the price gap, is executed at the first received price following the gap and marked by a comment [sl/gap]; - gap];- Buy Stop and Sell Stop pending orders are executed at the first price received following a price gap, with [started/gap] appearing as a comment; - comment;- Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In gap].In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in the order prices. 33.14.3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".

Execution of Orders. 13.13.1. An order will be queued for execution in the following cases: - Sell Stop order is queued for execution the moment the Bid price in the streaming quotes becomes lower or equal to the order level; - Buy Stop order is queued for execution the moment the Ask price in the streaming quotes hits or exceeds the order levelhi(thsttoprs:e//xtcheeebdrosktehrescoarpditearl.cleovme)l; - Sell Limit order is queued for execution the moment the Bid price in the streaming quotes hits or exceeds the order level; - LOGIN DO CLIENTE  Buy Limit order is queued for execution the moment the Ask price in the streaming quotes becomes lower or equal to the order level; - Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes exceeds or equals the order level; - Stop Loss order for open buy position triggers, when the Bid price in the streaming quotes drops below or equals the order level; - Take Profit order for open sell trade triggers, when the Ask price in the streaming quotes drops below or equals the order level; - Stop Loss order for open sell trade triggers selling an open position, and the Ask price in the quoting flow exceeds or equals the order level. 23.13.2. In cases of price gaps the orders are executed according to the following rules: - – pending orders, where the open level and the Take Profit got into a price gap, are canceled with a comment [canceled/gap]; - Take Profit order the level of which is within a price gap, is executed at the price set by the order; - Company has right to execute in price more favorable to Customer Stop Loss order, which is within the price gap, is executed at the first received price following the gap and marked by a comment [sl/gap]; - Buy Stop and Sell Stop pending orders are executed at the first price received following a price gap, with [started/gap] appearing as a comment; - Buy Limit and Sell Limit pending orders are executed at the set price and marked by a comment [started/gap]. In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in the order prices. 33.13.3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer"automatically.

Execution of Orders. 1. An order will shall be queued for execution in the following cases: - : 1. Sell Stop order is queued for execution the moment when the Bid price in the streaming quotes becomes quote stream is lower or equal to at the order level; - ; 2. Buy Stop order is queued for execution the moment when the Ask price in the streaming quotes quote stream hits or exceeds the order level; - ; 3. Sell Limit order is queued for execution the moment when the Bid price in the streaming quotes quote stream hits or exceeds the order level; - ; 4. Buy Limit order is queued for execution the moment when the Ask price in the streaming quotes becomes quote stream is lower or equal to at the order level; - ; 5. Take Profit order for open buy position is queued for execution when the Bid price in the streaming quotes quote stream exceeds or equals hits the order level; - ; 6. Stop Loss order for open buy position triggers, is queued for execution when the Bid price in the streaming quotes quote stream drops below or equals the order level; - ; 7. Take Profit order for open sell trade triggers, position is queued for execution when the Ask price in the streaming quotes quote stream drops below or equals the order level; - ; 8. Stop Loss order for an open sell trade triggers selling an open position, and position is queued for execution when the Ask price in the quoting flow quote stream exceeds or equals hits the order level. 2. In cases case of a price gaps gap, the orders are shall be executed according to the following rules: - pending orders: 1. Pending order, where the open level and the Take Profit got into of which is in a price gap, are canceled with a comment [canceled/gap]; - Take Profit order ; 2. Stop Loss order, the level of which is within a price gap, is executed at with the price set by the order; - Stop Loss order, which is within the price comment [sl/gap, is executed ] at the first received price following the gap and marked by a comment [sl/gap]; - ; 3. Buy Stop and Sell Stop pending orders are executed at with the first price received following a price gap, with comment [started/gap] appearing as at the first price following a comment; - price gap; 4. Buy Limit and Sell Limit pending orders are executed at with the set price and marked by a comment [started/gap]. In some cases, when price gaps are small, orders can be executed in a customary mode, according to the set in ] at the order prices. 3. When a pending order is received for execution and the size of free margin is not enough for the order opening, the pending order is deleted automatically with the comment "canceled by dealer".price;