Normal Market Size Clause Samples
The 'Normal Market Size' clause defines the standard quantity of a financial instrument that can be traded at the quoted price without causing significant market impact. In practice, this clause sets a threshold for the maximum volume of securities or contracts that a market maker is obligated to buy or sell at the displayed price, often based on market conventions or exchange rules. By establishing this limit, the clause ensures liquidity for typical transaction sizes while protecting market participants from the risks associated with unusually large trades that could disrupt pricing or execution.
Normal Market Size for CFD trading shall mean the maximum number of units of the Underlying Asset that are transmitted by the Company for execution.
Normal Market Size. 20.1. The Client may wish to make a transaction which the Company considers to be larger than normal market size.
20.2. The Company solely reserves the right to determine what constitutes normal market size.
20.2.1. The Company will do this by referencing the level of trading activity for which prices are available on any relevant market or exchange, for which the Company is reasonably able to obtain price information.
20.3. If the Company accepts an offer from the Client to open or close a transaction that is larger than normal market size, said transaction may be subject to special conditions and requirements.
20.4. The Company may quote their own revised price when entering the proposed transaction.
20.4.1. The Company’s quotation for a transaction larger than normal market size is not guaranteed to be within any specific percentage of any underlying market or related market quotation.
Normal Market Size. 12.1. You may wish to make a Transaction which we consider to be larger than normal market size. We will be entitled to determine what constitutes normal market size. We will do this by reference to the level of trading activity for which prices are available on any relevant market or exchange about which we are reasonably able to obtain price information.
12.2. If we accept an offer from you to open or close a Transaction that is larger than normal market size, it may be subject to special conditions and requirements. We will tell you about these at the time you ask to open or close the Transaction with us. In particular, we may quote a revised price for entering into the proposed Transaction. Our quotation for a Transaction larger than normal market size is not guaranteed to be within any specific percentage of any underlying market or related market quotation.
Normal Market Size the maximum number of stocks, shares, contracts or other units that we reasonably believe the Underlying Market to be good in at the relevant time, having regard, if appropriate, to the exchange market size set by the London Stock Exchange or any equivalent or analogous level set by the Underlying Market on which the relevant instrument is traded.
Normal Market Size. 20.1. The Client may wish to make a transaction which the Company considers to be larger than normal market size.
Normal Market Size. The maximum number of units of the Underlying Asset that are transmitted by the Company for execution. Online Trading System(s): Any Software used by us which includes the aggregate of our computer devices, software, databases, telecommunication hardware, a trading Online Trading System, making it possible for you to obtain information of markets in real time, make technical analysis on the markets, enter into Transactions, place/modify/delete Orders, receive notices from us and keep a record of Transactions.