Common use of Limit Order Clause in Contracts

Limit Order. A Purchase or Sale Order limited to a certain price. Any Limited Order has a specific price limit determined by the Customer (subject to the consent of the Company). A limit order will be triggered if the buyer of the company (in the case of a sell order) is identical to or higher than the price limit set by the customer or if the asking price (in the case of a purchase order) is the same or less than the limit price defined by the customer. Once the trading price offered by the Company has reached the price defined by the limit order, the limit order will be triggered and the Company will seek to execute the order at that price. If the Company can not execute the order (due to price changes during the execution of the order), the limit order will wait again for the customer's determined price and will be triggered again.

Appears in 4 contracts

Samples: Terms & Conditions, Terms & Conditions, Terms & Conditions

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Limit Order. A Purchase Buy or Sale Order Sell order limited to a certain price. Any Limited Limit Order has a specific specific price limit determined by the Customer Client (subject to the consent of the Company’s consent). A limit order Limit Order will be triggered if the buyer of the company Company’s Bid price (in the case of a sell order) is identical to the same or higher than the Limit price limit set by the customer Client or if the asking Ask price (in the case of a purchase buy order) is the same or less lower than the limit Limit price defined set by the customerClient. Once the trading price offered by the Company has reached the price defined defined by the limit order, the limit order will shall be triggered triggered, and the Company will seek to execute the order at that price. If the Company can cannot execute the order (due to price changes during the execution of the order), the limit order will wait again for the customer's client’s determined price and will be triggered again.

Appears in 1 contract

Samples: Client Agreement

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