Common use of Limit Order Clause in Contracts

Limit Order. An Order (other than a Market Order) to buy or sell the identified Currency or spot metal, or pair of Currencies or metals pair, at a specified Foreign Exchange Rate or metal at a specified spot rate. Limit orders are executed at the order rate or better. Sell limit orders are filled when the bid reaches the requested rate; limit orders to buy are filled on the offer.

Limit Order. An Order (other than a Market Order) to buy or sell the identified Currency or spot metal, or pair of Currencies or metals pair, at a specified Foreign Exchange Rate or metal at a specified spot rate. Limit orders are executed at the order rate or better. Sell limit orders are filled when the bid reaches the requested rate; limit orders to buy are filled on the offertheoffer.

Limit Order. An Order (other than a Market Order) to buy or sell the identified Currency or spot metalmetals pair, or pair of Currencies or metals pair, at a specified Foreign Exchange Rate or metal at a specified spot rate. Limit orders are executed at the order rate or better. Sell limit orders are filled when the bid reaches the requested rate; limit orders to buy are filled on the offer.