Common use of Nature of Orders Clause in Contracts

Nature of Orders. All orders must include the information required to enable their proper execution (the order’s nature, direction and type, the security concerned, the number of securities and their price, and the date and place of execution). Failing this, the order will not be executed. If no date is indicated, the order is deemed to be valid for the day on which it is placed for all markets, subject to the rules of the market concerned. Orders are executed in compliance with the rules applicable in the markets concerned. The CLIENT is expressly informed that BRED shall under no circumstances be held liable for any changes imposed by the market concerned, particularly concerning the order’s prioritisation, or for the need to renew an order.

Nature of Orders. All orders must include the information required to enable their proper execution (the order’s nature, direction and type, the security concerned, the number of securities and their price, and the date and place of execution). Failing this, the order will not be executed. If no date is indicated, the order is deemed to be valid for the day on which it is placed for all markets, subject to the rules of the market concerned. Orders are executed in compliance with the rules applicable in the markets concerned. The CLIENT is expressly informed that BRED SBE shall under no circumstances be held liable for any changes imposed by the market concerned, particularly concerning the order’s prioritisation, or for the need to renew an order.