Common use of Implementing a Conditional Order Instruction Clause in Contracts

Implementing a Conditional Order Instruction. (a) A Conditional Order Instruction is triggered when the Trigger for the Security occurs. (b) When the Conditional Order Instruction is triggered, we place an order for the Security on the market: (i) at a price not below the Limit, in the case of a sale order, and (ii) at a price not greater than the Limit in the case of a purchase order. (c) When the Conditional Order Instruction without a Limit is triggered, we place a market order for the Security. (d) If the order is triggered by events as a result of the closing price auction, the order may be placed on the market the following day, during the pre-open. (e) A Conditional Order Instruction will not be triggered by notional values or indicative prices. (f) We place a Conditional Order Instruction according to the time precedence of the Conditional Order Instruction, but we cannot guarantee the order in which it is placed onto the market. (g) In the event of system failure or malfunction, we may not have placed orders in accordance with the Conditional Order Instruction. Upon resumption from an outage, the system will not act on events that occurred during the system failure or malfunction. (h) The placement of an order on the market does not guarantee that the order will be filled. (i) The order remains on the market in accordance with our Trading Rules. (j) We use our best endeavours to place an order on the market following a Conditional Order Instruction being triggered. However, we reserve the right to review an order that results from a triggered Conditional Order Instruction and to refuse to place that order on the market, for example, if we consider that placing the order would not be consistent with a fair and orderly market. Also, it might not be possible for us to place an order on the market for example: (i) where the basis for quotation for the Security has changed and you have not varied your Conditional Order Instruction; (ii) where the Security has been subject to a trading halt and you have not varied your Conditional Order Instruction; (iii) if we believe that your instructions are ambiguous, incomplete or unclear; (iv) where we believe that the instruction contravenes these Conditional Order Instruction Terms and Conditions, the General Conditions of Trade, the Trading Rules or the General Terms and Conditions; or (v) where acting on the order is inconsistent with our legal obligations in respect of the maintenance of an orderly market.

Implementing a Conditional Order Instruction. (a) A Conditional Order Instruction is triggered when the Trigger for the Security occurs. (b) When the Conditional Order Instruction is triggered, we place an order for the Security on the market: (i) : at a price not below the Limit, in the case of a sale order, and (ii) and at a price not greater than the Limit in the case of a purchase order. (c) When the Australian Conditional Order Instruction without a Limit is triggered, we place a market order for the Security. (d) If the order is triggered by events as a result of the closing price auction, the order may be placed on the market the following day, during the pre-open. (e) A An Australian Conditional Order Instruction will not be triggered by notional values or indicative prices. (f) We place a an Australian Conditional Order Instruction according to the time precedence of the Conditional Order Instruction, but we cannot guarantee the order in which it is placed onto the market. (g) In the event of system failure or malfunction, we may not have placed orders in accordance with the Australian Conditional Order Instruction. Upon resumption from an outage, the system will not act on events that occurred during the system failure or malfunction. (h) The placement of an order on the market does not guarantee that the order will be filled. (i) The order remains on the market in accordance with our Australian Trading Rules. (j) We use our best endeavours to place an order on the market following a an Australian Conditional Order Instruction being triggered. However, we reserve the right to review an order that results from a triggered Australian Conditional Order Instruction and to refuse to place that order on the market, for example, if we consider that placing the order would not be consistent with a fair and orderly market. Also, it might not be possible for us to place an order on the market for example: (i) : where the basis for quotation for the Security has changed and you have not varied your Australian Conditional Order Instruction; (ii) ; where the Security has been subject to a trading halt and you have not varied your Australian Conditional Order Instruction; (iii) ; if we believe that your instructions are ambiguous, incomplete or unclear; (iv) ; where we believe that the instruction contravenes these Australian Conditional Order Instruction Terms and Conditions, the General Conditions of Trade, the Australian Trading Rules or the General Terms and Conditions; or (v) or where acting on the order is inconsistent with our legal obligations in respect of the maintenance of an orderly marketmarket or any legal and regulatory obligations applicable to us under domestic or international laws.

Implementing a Conditional Order Instruction. (a) A Conditional Order Instruction is triggered when the Trigger for the Security occurs. (b) When the Conditional Order Instruction is triggered, we place an order for the Security on the market: (i) at a price not below the Limit, in the case of a sale order, and (ii) at a price not greater than the Limit in the case of a purchase order. (c) When the Conditional Order Instruction without a Limit is triggered, we place a market order for the Security. (d) If the order is triggered by events as a result of the closing price auction, the order may be placed on the market the following day, during the pre-open. (e) A Conditional Order Instruction will not be triggered by notional values or indicative prices. (f) We place a Conditional Order Instruction according to the time precedence of the Conditional Order Instruction, but we cannot guarantee the order in which it is placed onto the market. (g) In the event of system failure or malfunction, we may not have placed orders in accordance with the Conditional Order Instruction. Upon resumption from an outage, the system will not act on events that occurred during the system failure or malfunction. (h) The placement of an order on the market does not guarantee that the order will be filled. (i) The order remains on the market in accordance with our Trading Rules. (j) We use our best endeavours to place an order on the market following a Conditional Order Instruction being triggered. However, we reserve the right to review an order that results from a triggered Conditional Order Instruction and to refuse to place that order on the market, for example, if we consider that placing the order would not be consistent with a fair and orderly market. Also, it might not be possible for us to place an order on the market for example: (i) where the basis for quotation for the Security has changed and you have not varied your Conditional Order Instruction; (ii) where the Security has been subject to a trading halt and you have not varied your Conditional Order Instruction; (iii) if we believe that your instructions are ambiguous, incomplete or unclear; (iv) where we believe that the instruction contravenes these Conditional Order Instruction Terms and Conditions, the General Conditions of Trade, the Trading Rules or the General Terms and Conditions; or (v) where acting on the order is inconsistent with our legal obligations in respect of the maintenance of an orderly market.

Implementing a Conditional Order Instruction. (a) A Conditional Order Instruction is triggered when the Trigger for the Security occurs. (b) When the Conditional Order Instruction is triggered, we place an order for the Security on the market: (i) : at a price not below the Limit, in the case of a sale order, and (ii) and at a price not greater than the Limit in the case of a purchase order. (c) When the Australian Conditional Order Instruction without a Limit is triggered, we place a market order for the Security. (d) If the order is triggered by events as a result of the closing price auction, the order may be placed on the market the following day, during the pre-open. (e) A An Australian Conditional Order Instruction will not be triggered by notional values or indicative prices. (f) We place a an Australian Conditional Order Instruction according to the time precedence of the Conditional Order Instruction, but we cannot guarantee the order in which it is placed onto the market. (g) In the event of system failure or malfunction, we may not have placed orders in accordance with the Australian Conditional Order Instruction. Upon resumption from an outage, the system will not act on events that occurred during the system failure or malfunction. (h) The placement of an order on the market does not guarantee that the order will be filled. (i) The order remains on the market in accordance with our Australian Trading Rules. (j) We use our best endeavours to place an order on the market following a an Australian Conditional Order Instruction being triggered. However, we reserve the right to review an order that results from a triggered Australian Conditional Order Instruction and to refuse to place that order on the market, for example, if we consider that placing the order would not be consistent with a fair and orderly market. Also, it might not be possible for us to place an order on the market for example: (i) : where the basis for quotation for the Security has changed and you have not varied your Australian Conditional Order Instruction; (ii) ; where the Security has been subject to a trading halt and you have not varied your Australian Conditional Order Instruction; (iii) ; if we believe that your instructions are ambiguous, incomplete or unclear; (iv) ; where we believe that the instruction contravenes these Australian‌ Conditional Order Instruction Terms and Conditions, the General Conditions of Trade, the Australian Trading Rules or the General Terms and Conditions; or (v) or where acting on the order is inconsistent with our legal obligations in respect of the maintenance of an orderly marketmarket or any legal and regulatory obligations applicable to us under domestic or international laws.