Common use of OPENING A TRANSACTION Clause in Contracts

OPENING A TRANSACTION. 15.1 You will open a Transaction by 'Buying' or 'Selling'. In these Terms a Transaction that is opened by: 15.1.1 ‘Buying' is referred to as a 'Buy' and may also, in our dealings with you, be referred to as 'long' or 'long position'; and 15.1.2 Selling' is referred to as a 'Sell' and may also, in our dealings with you, be referred to as 'short' or 'short position'. 15.2 A Transaction must always be made for a specified number of shares, contracts or other units that constitute the underlying Financial Instrument. 15.3 Each Transaction opened by you will be binding on you notwithstanding that by opening the Transaction you may have exceeded any credit or other limit applicable to you or in respect of your dealings with us. 15.4 When you open and when you close a Transaction, you may be required to pay us a commission (“Commission”) that is calculated as a percentage of the value of the opening or closing Transaction (as applicable) or as an amount per equivalent Financial Instrument or Instruments on the Underlying Market or on any other basis agreed between ourselves in writing. Our commission terms will be notified in writing to you and will be available on our Website or through our Online Facility, however, in the event that we do not notify you of the commission terms, we will charge the standard commission rate as published on our Website or, if no rate is published, 0.01% of the value of the opening or closing Transaction (as applicable). 15.5 Unless we agree otherwise, all sums payable by you pursuant to these Terms upon opening a Transaction are due and must be paid upon the opening level of your Transaction being determined by us.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

AutoNDA by SimpleDocs

OPENING A TRANSACTION. 15.1 12.1 You will open a Transaction by 'Buying' ‘buying’ or 'Selling'‘selling’. In these Terms this Agreement a Transaction that is opened by: 15.1.1 12.1.1 Buying' buying’ is referred to as a 'Buy' and may also, in our dealings with you, be referred to as 'long' or 'long position'; and 15.1.2 Selling' 12.1.2 ‘selling’ is referred to as a 'Sell' and may also, in our dealings with you, be referred to as 'short' or 'short position'. 15.2 12.2 A Transaction must always be made for a specified number of shares, contracts or other units that constitute the underlying Financial Instrumentsecurity. 15.3 12.3 Each Transaction opened by you will be binding on you notwithstanding that by opening the Transaction you may have exceeded any credit or other limit applicable to you or in respect of your dealings with us. 15.4 12.4 When you open and when you close a Transaction, you may be required to pay us a commission (“Commission”) that is calculated as a percentage of the value of the opening or closing Transaction (as applicable) or as an amount per equivalent Financial Instrument or Instruments securities on the Underlying Market or on any other basis agreed between ourselves in writing. Our commission Commission terms will be notified in writing to you and will be available on our Website or through our Online FacilityPlatform, however, in the event that we do not notify you of the commission Commission terms, we will charge the standard commission rate as published on our Website or, if no rate is published, 0.01% of the value of the opening or closing Transaction (as applicable). 15.5 12.5 Unless we agree otherwise, all sums payable by you pursuant to these Terms this Agreement upon opening a Transaction are due and must be paid upon the opening level Opening Level of your Transaction being determined by us. 12.6 All fees payable pursuant to this clause 12 and this Agreement will be subject to the provisions at clauses 24 and 33 of this Agreement.

Appears in 1 contract

Samples: Online Client Agreement

OPENING A TRANSACTION. 15.1 8.1 You will open a Transaction by 'Buyingbuying' or 'Sellingselling'. In these Terms a Transaction that is opened by: 15.1.1 ‘Buying8.1.1 buying' is referred to as a 'Buy' and may also, in our dealings with you, be referred to as 'long' or 'long position'; and 15.1.2 8.1.2 Selling' is referred to as a 'Sell' and may also, in our dealings with you, be referred to as 'short' or 'short position'. 15.2 8.2 A Transaction must always be made for a specified number of shares, contracts or other units that constitute the underlying Financial Instrumentinstrument. 15.3 8.3 Each Transaction opened by you will be binding on you notwithstanding that by opening the Transaction you may have exceeded any credit or other limit applicable to you or in respect of your dealings with us. 15.4 8.4 When you open and when you close a Transaction, you may be required to pay us a commission (“Commission”) Commission that is calculated as a percentage of the value of the opening or closing Transaction (as applicable) or as an amount per equivalent Financial Instrument or Instruments on the Underlying Market or on any other basis agreed between ourselves in writing. Our commission terms will be notified in writing to you and will be available on our Website or through our Online Facilityyou, however, in the event that we do not notify you of the commission terms, we will charge the standard commission rate as published on our Website or, if no rate is published, 0.01% of the value of the opening or closing Transaction (as applicable). 15.5 8.5 Unless we agree otherwise, all sums payable by you pursuant to these Terms this Agreement upon opening a Transaction are due and must be paid upon the opening level Opening Level of your Transaction being determined by us. 8.6 All fees payable pursuant to this clause 8 and this Agreement will be subject to the provisions at clause 25 of this Agreement.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

OPENING A TRANSACTION. 15.1 ‌ 12.1 You will open a Transaction by 'Buying' ‘buying’ or 'Selling'‘selling’. In these Terms this Agreement a Transaction that is opened by: 15.1.1 12.1.1 Buying' buying’ is referred to as a 'Buy' ’ and may also, in our dealings with you, be referredto as ‘long’ or ‘long position’; and 12.1.2 ‘selling’ is referred to as a ‘Sell’ and may also, in our dealings with you, be referred to as 'long' toas ‘short’ or 'long position'; and 15.1.2 Selling' is referred to as a 'Sell' and may also, in our dealings with you, be referred to as 'short' or 'short position'. 15.2 12.2 A Transaction must always be made for a specified number of shares, contracts or other units that constitute the underlying Financial Instrumentsecurity. 15.3 12.3 Each Transaction opened by you will be binding on you notwithstanding that by opening the Transaction you may have exceeded any credit or other limit applicable to you or in respect of your dealings with us. 15.4 12.4 When you open and when you close a Transaction, you may be required to pay us a commission (“Commission”) that is calculated as a percentage of the value of the opening or closing Transaction (as applicable) or as an amount per equivalent Financial Instrument or Instruments securities on the Underlying Market or on any other basis agreed between ourselves in writing. Our commission Commission terms will be notified in writing to you and will be available on our Website or through our Online FacilityPlatform, however, in the event that we do not notify you of the commission Commission terms, we will charge the standard commission rate as published on our Website or, if no rate is published, 0.01% of the value of the opening or closing Transaction (as applicable). 15.5 12.5 Unless we agree otherwise, all sums payable by you pursuant to these Terms this Agreement upon opening a Transaction are due and must be paid upon the opening level Opening Level of your Transaction being determined by us. 12.6 All fees payable pursuant to this clause 12 and this Agreement will be subject to the provisions at clauses 24 and 33 of this Agreement.

Appears in 1 contract

Samples: Online Client Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!