Expiry Transactions Clause Samples
The Expiry Transactions clause defines the rules and procedures governing transactions that reach their expiration date within the context of an agreement. Typically, this clause outlines what happens to obligations, rights, or assets associated with a transaction once it expires, such as the automatic closure of positions, settlement of outstanding amounts, or the cessation of certain rights. By clearly specifying the treatment of expired transactions, this clause ensures both parties understand their responsibilities and helps prevent disputes or confusion regarding the status of lapsed agreements.
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Expiry Transactions. 5.1. We may, in our sole and absolute discretion, set an Expiry Date and time for a specific Instrument.
5.2. In the event we set an Expiry Date for a specific Underlying Asset, it will be displayed on the Trading Platform in the details link for each Underlying Asset. It is your responsibility to make yourself aware of the Expiry Date and time.
5.3. If you do not close an open Transaction with respect to an Underlying Asset which has an Expiry Date, prior to such Expiry Date, the Transaction shall automatically close upon the Expiry Date. The Transaction shall close at a price which will be the last price quoted on the Trading Platform immediately prior to the applicable Expiry Date and time.
Expiry Transactions. Subject to this Agreement and any requirement we may specify in relation to Linked Transactions, you may close an open Expiry Transaction or any part of such open Expiry Transaction at any time prior to the Last Dealing Time for that Instrument.
Expiry Transactions. 82 Unless otherwise informed, if you do not close an Expiry Transaction on or before the Last Dealing Time then, we will close your Expiry Transaction as soon as we have ascertained the price of the Expiry Transaction. The price of the Expiry Transaction will be (a) the last traded price at or prior to the close or the applicable official closing quotation or value in the relevant Reference Asset as reported by the relevant exchange, errors and omissions excluded; plus, or minus (b) any Spread that we apply when such an Expiry Transaction is closed. Details of the Spread that we apply when a particular Expiry Transaction is closed are available on request. You acknowledge that it is your responsibility to make yourself aware of the Last Dealing Time and of any Spread or Commission that we may apply when you close an Expiry Transaction.
Expiry Transactions. In the event we set an Expiry Date for a specific Underlying Asset, it will be displayed on the Trading Platform in the details link for each Underlying Asset. It is your responsibility to make yourself aware of the Expiry Date and time. • If you do not close an open Transaction with respect to an Underlying Asset which has an Expiry Date, prior to such Expiry Date, the Transaction shall automatically close upon the Expiry Date. The Transaction shall close at a price which will be the last price quoted on the Trading Platform immediately prior to the applicable Expiry Date and time.
Expiry Transactions. (1) Subject to this Agreement you may close an open Expiry Transaction or any part of such open Expiry Transaction at any time prior to the Last Dealing Time for that Instrument.
(2) Details of the applicable Last Dealing Time for each Instrument will normally be available to you and may be obtained from us on request. It is your responsibility to make yourself aware of the Last Dealing Time or, as the case may be, the expiry time for a particular product.
(3) When you close an Expiry Transaction prior to the Last Dealing Time for the Instrument, the Closing Level will, if the Transaction is a Buy, be the lower figure then quoted by us and if the Transaction is a Sell, the higher figure then quoted by us.
(4) If you do not close an Expiry Transaction in respect of an Instrument on or before the Last Dealing Time then, subject to Term 29.2.(5) below, we will close your Expiry Transaction as soon as we have ascertained the Closing Level of the Expiry Transaction. You acknowledge that it is your responsibility to make yourself aware of the Last Dealing Time and of any Spread that we may apply when you close an Expiry Transaction.
(5) We may accept standing instructions from you to automatically roll over all of your Expiry Transaction(s) to the next contract period, so that they do not automatically expire. Alternatively, you may ask that we accept roll instructions in respect of a specific Expiry Transaction. You acknowledge that it is your responsibility to make yourself aware of the next applicable contract period for a Transaction and that effecting the rollover of a Transaction may result in you incurring losses on your account. Any agreement as to roll over is entirely at our discretion and we reserve the right to refuse to rollover a Transaction or Transactions, despite any instruction you have given us, if we determine, acting reasonably, that to effect a rollover would result in you exceeding any credit or other limit placed on your dealings with us. Where we do effect a rollover, the original Expiry Transaction will be closed at or just prior to the Last Dealing Time and become due for settlement and a new Expiry Transaction will be created; such closing and opening trades will be on our normal terms.
Expiry Transactions. 4.1. We may, in our sole and absolute discretion, set an Expiry Date and time for a specific Instrument.
4.2. In the event we set an Expiry Date for a specific Security, it will be displayed on the App in the details link for each Security. It is your responsibility to make yourself aware of the Expiry Date and time.
4.3. If you do not close an open Transaction with respect to an Asset which has an Expiry Date, prior to such Expiry Date, the Transaction shall automatically close upon the Expiry Date. The Transaction shall close at a price which will be the last price quoted on the App immediately prior to the applicable Expiry Date and time.
Expiry Transactions. 过 期 交 易
6.1 Unless otherwise informed, if you do not close an Expiry Transaction on or before the Last Dealing Time then, we will close your Expiry Transaction as soon as we have ascertained the price of the Expiry Transaction. The price of the Expiry Transaction will be (a) the last traded price at or prior to the close or the applicable official closing quotation or value in the relevant Reference Asset as reported by the relevant exchange, errors and omissions excluded; plus or, as the case may be, minus (b) any Spread that we apply when such an Expiry Transaction is closed. Details of the Spread that we apply when a particular Expiry Transaction is closed are available on request. You acknowledge that it is your responsibility to make yourself aware of the Last Dealing Time and of any Spread or Commission that we may apply when you close an Expiry Transaction. 除非另行通知，否则如果您未能在最后交易时间或之前将过期交易平仓，我们将在确认过期交易价格之后迅速将您的过期交易平仓。过期交易的价格是(a)相关交易市场报出的参考资产休市时或之前的最后交易价 格，错误及省略不包含在内，增加或根据情况减少(b)在过期交易被平仓时应用的任何点差。过期交易被平仓时我们应用的点差细节可以请求查阅。您认可获知过期交易平仓时我们应用的最后交易时间及任何点差或佣金的情况是您自己的责任。
Expiry Transactions. 12.24.1. The Client acknowledge that certain Financial Instruments have a set Expiry Date and time.
12.24.2. In the event that an Expiry Date for a specific Underlying Asset is set, it will be displayed on the Trading Platform/website for each Underlying Asset. It is the Client’s responsibility to make himself aware of the Expiry Date and time.
12.24.3. If the Client does not close an open Transaction with respect to an Underlying Asset which has an Expiry Date, prior to such Expiry Date, the Transaction shall automatically close upon the Expiry Date. The Transaction shall close at a price which will be the last price quoted on the Trading Platform immediately prior to the applicable Expiry Date and time.
Expiry Transactions. ROLLOVER
Expiry Transactions. We may, in our sole and absolute discretion, set an Expiry Date and time for a specific Instrument. In the event we set an Expiry Date for a specific Underlying Asset, it Will be displayed on the Trading Platform in the details link for each Underlying Assets It is your responsibility to make yourself aware of the Expiry Date and time. If you do not close an open Transaction with respect to an Underlying Asset which has an Expiry Date, prior to such Expiry Date, the Transaction shall automatically close upon the Expiry Date. The Transaction shall close at a Price which Will be the last Price quoted on the Trading Platform immediately prior to the applicable Expiry Date and time.