Common use of Order Types Clause in Contracts

Order Types. 12.1. Trading Platform allows the Client to submit the following Order types: 1) Market - direct order placed on the market and executed at first available market price; 2) Limit - order is activated and directed to the market when the current Bid or Ask Price reach the price specified in the Order. At the time of placing the Order, the price in the Buy Order is lower than the current Ask Price, analogically the price in the Sell Order is higher than the current Bid Price; 3) Stop - order is activated and directed to the market when the current Bid or Ask Price reach the price specified in the Order. At the time of placing the Order, the price in the Buy Order is higher than the current Ask price, analogically the price in the Sell Order is lower than the current Bid Price; 4) Stop Loss - a condition that triggers a Closing Order when the current Bid or Ask Price reach the level specified in the Order. This order is placed to reduce losses from an Open Position. 5) Take Profit - a condition that triggers the Closing Order for an Open Position to book a financial result. Condition is met when current Price reach a level set by the Customer. 6) Trailing Stop - a mechanism that automatically changes the price of a Stop Loss order taking into account current Bid and Ask Prices. The parameter specifies the difference between the current Bid and Ask Prices and the Stop Loss order level, including limitations resulting from the Contract Specification Document; 12.2. When submitting Orders mentioned above in pt. 12.1.2-12.1.6, Client determines price at which the Order is activated. Orders are filled at prices that, due to market volatility, may differ from the prices at which Order has been activated. Execution may occur at less favorable rate than that specified in the Order. Customer bears the risk of execution of Order at less favorable price than indicated in the Order, in particular a Stop Loss Order may not provide assumed limitation of loss on the Open Position. Execution of the Order at a more favorable rate than specified in the Order is the Client’s benefit.

Order Types. 12.113.1. Trading Platform allows the Client to submit the following Order types: 1) Market - direct order placed on the market and executed at first available market price; 2) Limit - order is activated and directed to the market when the current Bid or Ask Price reach reaches the price specified in the Order. At the time of placing the Order, the price in the Buy Order is lower than the current Ask Price, analogically the price in the Sell Order is higher than the current Bid Price; 3) Stop - order is activated and directed to the market when the current Bid or Ask Price reach reaches the price specified in the Order. At the time of placing the Order, the price in the Buy Order is higher than the current Ask price, analogically the price in the Sell Order is lower than the current Bid Price; 4) Stop Loss - a condition that triggers a Closing Order when the current Bid or Ask Price reach reaches the level specified in the Order. This order is placed to reduce losses from an Open Position. 5) Take Profit - a condition that triggers the Closing Order for an Open Position to book a financial result. Condition is met when the current Price reach reaches a level set by the Customer. 6) Trailing Stop - a mechanism that automatically changes the price of a Stop Loss order taking into account current Bid and Ask Prices. The parameter specifies the difference between the current Bid and Ask Prices and the Stop Loss order level, including limitations resulting from the Contract Specification Document; 12.213.2. When submitting Orders mentioned above in pt. 12.1.2-12.1.613.1, Client determines the price at which the Order is activated. Orders are filled at prices that, due to market volatility, may differ from the prices at which Order has been activated. Execution may occur at a less favorable favourable rate than that specified in the Order. Customer bears The Client shall bear the risk of execution of Order at less favorable favourable price than indicated in the Order, in particular a Stop Loss Order may not provide assumed limitation of loss on the Open Position. Execution of the Order at a more favorable favourable rate than specified in the Order is the Client’s benefit.

Order Types. 12.113.1. Trading Platform allows the Client to submit the following Order types: 1) Market - direct order placed on the market and executed at first available market price; 2) Limit - order is activated and directed to the market when the current Bid or Ask Price reach reaches the price specified in the Order. At the time of placing the Order, the price in the Buy Order is lower than the current Ask Price, analogically the price in the Sell Order is higher than the current Bid Price; 3) Stop - order is activated and directed to the market when the current Bid or Ask Price reach reaches the price specified in the Order. At the time of placing the Order, the price in the Buy Order is higher than the current Ask price, analogically the price in the Sell Order is lower than the current Bid Price; 4) Stop Loss - a condition that triggers a Closing Order when the current Bid or Ask Price reach reaches the level specified in the Order. This order is placed to reduce losses from an Open Position. 5) Take Profit - a condition that triggers the Closing Order for an Open Position to book a financial result. Condition is met when the current Price reach reaches a level set by the Customer. 6) Trailing Stop - a mechanism that automatically changes the price of a Stop Loss order taking into account current Bid and Ask Prices. The parameter specifies the difference between the current Bid and Ask Prices and the Stop Loss order level, including limitations resulting from the Contract Specification Document; 12.213.2. When submitting Orders mentioned above in pt. 12.1.2-12.1.613.1, Client determines the price at which the Order is activated. Orders are filled at prices that, due to market volatility, may differ from the prices at which Order has been activated. Execution may occur at a less favorable favourable rate than that specified in the Order. Customer bears The Client shall bear the risk of execution of Order at less favorable favourable price than indicated in the Order, in particular a Stop Loss Order may not provide assumed limitation of loss on the Open Position. Execution of the Order at a more favorable rate than specified in the Order is the Client’s benefit.

Order Types. 12.111.1. Trading Platform allows the Client to submit the following Order types: 1) Market - direct order placed on the market and executed at first available market price; 2) Limit - order is activated and directed to the market when the current Bid or Ask Price reach the price specified in the Order. At the time of placing the Order, the price in the Buy Order is lower than the current Ask Price, analogically the price in the Sell Order is higher than the current Bid Price; 3) Stop - order is activated and directed to the market when the current Bid or Ask Price reach the price specified in the Order. At the time of placing the Order, the price in the Buy Order is higher than the current Ask price, analogically the price in the Sell Order is lower than the current Bid Price; 4) Stop Loss - a condition that triggers a Closing Order when the current Bid or Ask Price reach the level specified in the Order. This order is placed to reduce losses from an Open Position. 5) Take Profit - a condition that triggers the Closing Order for an Open Position to book a financial result. Condition is met when current Price reach a level set by the Customer. 6) Trailing Stop - a mechanism that automatically changes the price of a Stop Loss order taking into account current Bid and Ask Prices. The parameter specifies the difference between the current Bid and Ask Prices and the Stop Loss order level, including limitations resulting from the Contract Specification Document; 12.211.2. When submitting Orders mentioned above in pt. 12.1.2-12.1.6, Client determines price at which the Order is activated. Orders are filled at prices that, due to market volatility, may differ from the prices at which Order has been activated. Execution may occur at less favorable rate than that specified in the Order. Customer bears the risk of execution of Order at less favorable price than indicated in the Order, in particular a Stop Loss Order may not provide assumed limitation of loss on the Open Position. Execution of the Order at a more favorable rate than specified in the Order is the Client’s benefit.