Common use of GAPPING Clause in Contracts

GAPPING. Gapping, as described below, can occur when an underlying execution venue is closed with the result that on re-opening of the execution venue the price of the underlying commodity or index product (and therefore our derived CFD price) can be markedly different from the closing price, with no opportunity for you to close your trade before the execution venue re-opens.

Appears in 8 contracts

Samples: Client Service Agreement, Client Service Agreement, Client Service Agreement

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GAPPING. Gapping, as described below, can occur when an underlying execution venue is closed with the result that on re-re- opening of the execution venue the price of the underlying commodity or index product (and therefore our derived CFD price) can be markedly different from the closing price, with no opportunity for you to close your trade before the execution venue re-opens.

Appears in 2 contracts

Samples: Trading Agreement, Trading Agreement

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