Common use of MARKET SUSPENSION AND DELISTING Clause in Contracts

MARKET SUSPENSION AND DELISTING. 6.1. If at any time trading on a regulated Market is suspended in any Reference Asset which is listed on a Market we shall calculate the value of the CFD with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If the aforesaid suspension continues for five Business Days, we and you may in good faith agree a Closing Date and a value of the CFD. In the absence of such agreement, the CFD shall remain open in accordance with the provisions of this clause until such time as the aforesaid suspension is lifted or the CFD is otherwise closed. During the term of a CFD whose Reference Asset is suspended we have the right to terminate the CFD at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. If a Regulated Market (as defined in the FCA’s Rules) on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution

Appears in 4 contracts

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

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MARKET SUSPENSION AND DELISTING. 6.1. 19.1 If at any time trading on a regulated Regulated Market (as defined in the CMA Regulations) is suspended in any Reference Asset which is listed on a Market Market, we shall calculate the value of the CFD Transaction with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading us if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If . 19.2 In the event that the aforesaid suspension continues for five Five (5) Business Days, we and you may in good faith agree on a Closing Date and a value of the CFDTransaction. In the absence of such agreement, the CFD Transaction shall remain open in accordance with the provisions of this clause section until such time as the aforesaid suspension is lifted or the CFD Transaction is otherwise closed. During the term of a CFD whose Transaction where a Reference Asset is suspended we have the right to terminate the CFD Transaction at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. 19.3 If a Regulated Market (as defined in the FCA’s Rules) on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

MARKET SUSPENSION AND DELISTING. 6.1. If at any time trading on a regulated Regulated Market (as defined in the CMA Regulations) is suspended in any Reference Asset which is listed on a Market Market, we shall calculate the value of the CFD Transaction with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading us if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If In the event that the aforesaid suspension continues for five Five (5) Business Days, we and you may in good faith agree on a Closing Date and a value of the CFDTransaction. In the absence of such agreement, the CFD Transaction shall remain open in accordance with the provisions of this clause section until such time as the aforesaid suspension is lifted or the CFD Transaction is otherwise closed. During the term of a CFD whose Transaction where a Reference Asset is suspended we have the right to terminate the CFD Transaction at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. If a Regulated Market (as defined in the FCA’s Rules) on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution.

Appears in 2 contracts

Samples: Business to Client (B2c) Agreement, Business to Client (B2c) Agreement

MARKET SUSPENSION AND DELISTING. 6.1. 13.1 If at any time trading on a regulated Market is suspended in any Reference Asset which is listed on a Market we shall calculate the value of the CFD Transaction with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading us if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If . 13.2 In the event that the aforesaid suspension continues for five Business Days, we and you may in good faith agree a Closing Date and a value of the CFDTransaction. In the absence of such agreement, the CFD Transaction shall remain open in accordance with the provisions of this clause until such time as the aforesaid suspension is lifted or the CFD Transaction is otherwise closed. During the term of a CFD whose Transaction where a Reference Asset is suspended we have the right to terminate the CFD Transaction at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. 13.3 If a Regulated Market (as defined in the FCA’s Rules) on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

MARKET SUSPENSION AND DELISTING. 6.1. If at any time trading on a regulated Regulated Market (as defined in the CMA Regulations) is suspended in any Reference Asset which is listed on a Market Market, we shall calculate the value of the CFD Transaction with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading us if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If In the event that the aforesaid suspension continues for five Five (5) Business Days, we and you may in good faith agree on a Closing Date and a value of the CFDTransaction. In the absence of such agreement, the CFD Transaction shall remain open in accordance with the provisions of this clause section until such time as the aforesaid suspension is lifted or the CFD Transaction is otherwise closed. During the term of a CFD whose Transaction where a Reference Asset is suspended we have the right to terminate the CFD Transaction at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. If a Regulated Market (as defined in the FCA’s Rules) on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution.

Appears in 2 contracts

Samples: Business to Client (B2c) Agreement, Business to Client (B2c) Agreement

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MARKET SUSPENSION AND DELISTING. 6.1. ‌ 15.1 If at any time trading on a regulated Regulated Market (as defined in the FCA's Rules) is suspended in any Reference Asset which is listed on a Market we shall calculate the value of the CFD Transaction with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading us if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If . 15.2 In the event that the aforesaid suspension continues for five Business Days, we and you may in good faith agree a Closing Date and a value of the CFDTransaction. In the absence of such agreement, the CFD Transaction shall remain open in accordance with the provisions of this clause until such time as the aforesaid suspension is lifted or the CFD Transaction is otherwise closed. During the term of a CFD whose Transaction where a Reference Asset is suspended we have the right to terminate the CFD Transaction at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. 15.3 If a Regulated Market (as defined in the FCA’s Rules) on which a Reference Asset is principally traded announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

MARKET SUSPENSION AND DELISTING. 6.1. If at any time trading on a regulated Market is suspended in any Reference Asset which is listed on a Market Market, we shall calculate the value of the CFD with reference to the last traded price before the time of suspension, or a closing price as reasonably determined by CMTrading if no trading in that Reference Asset is undertaken during the Business Day on which a suspension occurs. If the aforesaid suspension continues for five Business Days, we and you may in good faith agree a Closing Date and a value of the CFD. In the absence of such agreement, the CFD shall remain open in accordance with the provisions of this clause until such time as the aforesaid suspension is lifted or the CFD is otherwise closed. During the term of a CFD whose Reference Asset is suspended we have the right to terminate the CFD at our discretion and to amend or vary Margin requirements and Margin rates. 6.2. If a Regulated Market (as defined in the FCA’s Rules) ), on which a Reference Asset is principally traded traded, announces that pursuant to the rules of such Market the relevant Reference Asset has ceased (or will cease) to be listed, traded or publicly quoted on the Market for any reason and is not immediately re-listed, re-traded or re-quoted on the Market or quotation system located in the same country as the Market (or where the Market is within the European Union, in any Member State of the European Union), or already so issued, quoted or traded the day on which such event occurs, or (if earlier) is announced shall be the Closing Date. The closing price will be such price as notified by us to you. SCHEDULE 3: ORDER EXECUTION POLICY 1. Best Execution

Appears in 1 contract

Samples: Client Service Agreement

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