Common use of Placement and Execution of Orders Clause in Contracts

Placement and Execution of Orders. 11.1. The Client may place Orders on the Platform(s) by using his Access Data issued by the Company for that purpose and provided all the Essential Details are given. 11.2. The Company will be entitled to rely and act on any Order given by using the Access Data without any further enquiry to the Client and any such Orders will be binding upon the Client. 11.3. Orders are executed according to the “Summary of Best Interest and Order Execution Policy”, which are binding on the Client. 11.4. The Company will use reasonable efforts to execute an Order, but it is agreed and understood that despite the Company’s reasonable efforts transmission or execution may not always be achieved at all for reasons beyond the control of the Company. 11.5. Orders may be placed within the normal trading hours of the Company, available on its Website and/or the Platform, as amended from time to time. 11.6. Clients will have a stop-out when margin level will reach 30%. When the Margin Level reaches the Stop-out Level (ratio of equity to margin in the client Account), the client’s positions will start closing automatically at market prices starting with order that has the biggest losses and the company has the right to refuse any new orders. Stop-out level is available on the website and/or platform.

Appears in 9 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

AutoNDA by SimpleDocs

Placement and Execution of Orders. 11.1. The Client may place Orders on the Platform(s) by using his Access Data issued by issuedby the Company for that purpose and provided all the Essential Details are given. 11.2. The Company will be entitled to rely and act on any Order given by using the Access Data without any further enquiry to the Client and any such Orders will be binding upon the Client. 11.3. Orders are executed according to the “Summary of Best Interest and Order Execution Policy”, which are binding on the Client. 11.4. The Company will use reasonable efforts to execute an Order, but it is agreed and understood that despite the Company’s reasonable efforts transmission or execution may not always be achieved at all for reasons beyond the control of the Company. 11.5. Orders may be placed within the normal trading hours of the Company, available on its Website and/or the Platform, as amended from time to time. 11.6. Clients will have a stop-out when margin level will reach 30%. When the Margin Level reaches the Stop-out Level (ratio of equity to margin in the client Account), the client’s positions will start closing automatically at market prices starting with order that has the biggest losses and the company has the right to refuse any new orders. Stop-out level is available on the website and/or platform.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Placement and Execution of Orders. 11.1. 11.1 The Client may place Orders on the Platform(s) by using his Access Data issued by the Company for that purpose and provided all the Essential Details are given. 11.2. 11.2 The Company will be entitled to rely and act on any Order given by using the Access Data without any further enquiry to the Client and any such Orders will be binding upon the Client. 11.3. 11.3 Orders are executed according to the “Summary of Best Interest and Order Execution Policy”, which are binding on the Client. 11.4. 11.4 The Company will use reasonable efforts to execute an Order, but it is agreed and understood that despite the Company’s reasonable efforts transmission or execution may not always be achieved at all for reasons beyond the control of the Company. 11.5. 11.5 Orders may be placed within the normal trading hours of the Company, available on its Website and/or the Platform, as amended from time to time. 11.6. 11.6 Clients will have a stop-out when margin level will reach 30%. When the Margin Level reaches the Stop-out Level (ratio of equity to margin in the client Account), the client’s positions will start closing automatically at market prices starting with order that has the biggest losses and the company has the right to refuse any new orders. Stop-out level is available on the website and/or platform.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

Placement and Execution of Orders. 11.1. The Client may place Orders on the Platform(s) by using his Access Data issued by the bythe Company for that purpose and provided all the Essential Details are given. 11.2. The Company will be entitled to rely and act on any Order given by using the Access Data without any further enquiry to the Client and any such Orders will be binding upon bindingupon the Client. 11.3. Orders are executed according to the “Summary of Best Interest and Order andOrder Execution Policy”, which are binding on the Client. 11.4. The Company will use reasonable efforts to execute an Order, but it is agreed and understood that despite the Company’s reasonable efforts transmission or execution may not always be achieved at all for reasons beyond the control of the Company. 11.5. Orders may be placed within the normal trading hours of the Company, available on its Website and/or the Platform, as amended from time to time. 11.6. Clients will have a stop-out when margin level will reach 30%. When the Margin Level reaches the Stop-out Level (ratio of equity to margin in the client Account), the client’s positions will start closing automatically at market prices starting with order that has the biggest losses and the company has the right to refuse any new orders. Stop-out level is available on the website and/or platform.

Appears in 1 contract

Samples: Client Agreement

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