Common use of Placement and Execution of Orders Clause in Contracts

Placement and Execution of Orders. 4.1. The Company shall have the right to perform transactions in respect of the Client’s Financial Instruments or (and) ensure that the Client enters into Contracts via the Trading Platform on the basis of the Client’s Orders, placed in accordance with the procedure established in the Agreement and the Documents. 4.2. The Client shall place Orders via the Trading Platform. 4.3. Upon reception of the Client’s Order to perform transactions in respect of Financial Instruments or (and) to enter into a Contract, the Company via Trading Platform informs the Client on the reception of the Order. The Client’s Order shall be deemed executed or (and) the respective Contract shall be considered entered into only after the Company has informed the Client via the Trading Platform on the execution of the Oder. 4.4. The Client may cancel or change an Order at any time prior to the execution in accordance with the procedure established in the Documents or (and) on the Trading Platform. 4.5. The Company shall have the right to refuse to execute the Client’s Order if the Client has not delivered sufficient Financial Instruments or funds (margin requirement) or (and) in the event of any breach of the Agreement or the Documents by the Client or (and) in other cases stipulated in the Documents. 4.6. Upon execution of an Order in respect of Financial Instruments for or (and) entering into a Contract, the Company shall inform the Client via the Trading Platform to confirm the execution of the Client’s Order or (and) entering into the Contract with the Client.

Appears in 7 contracts

Samples: Agreement on Administration of Financial Instruments Account, Execution of Orders and Trading via Trading Platform, Agreement on Administration of Financial Instruments Account, Execution of Orders and Trading via Trading Platform, Agreement on Administration of Financial Instruments Account, Execution of Orders and Trading via Trading Platform

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Placement and Execution of Orders. 4.1. The Company shall have the right to perform transactions in respect of the Client’s Financial Instruments or (and) ensure that enter into Contracts with the Client enters into Contracts via the Trading Platform on the basis of the Client’s Orders, placed in accordance with the procedure established in the Agreement and the Documents. 4.2. The Client shall place Orders via the Trading Platform. 4.3. Upon reception of the Client’s Order to perform transactions in respect of Financial Instruments or (and) to enter into a Contract, the Company via Trading Platform informs shall give the Client on a confirmation of the reception of the Order. The Client’s Order shall be deemed executed or (and) the respective Contract shall be considered entered into only after the Company has informed given the Client via the Trading Platform on the execution of the Oderconfirmation specified in Clause 4.6 herein below. 4.4. The Client may cancel or change an Order at any time prior to the execution in accordance with the procedure established in the Documents or (and) on the Trading Platform. 4.5. The Company shall have the right to refuse to execute the Client’s Order if the Client has not delivered sufficient Financial Instruments or funds (margin requirement) or (and) in the event of any breach of the Agreement or the Documents by the Client or (and) in other cases stipulated in the Documents. 4.6. Upon execution of an Order in respect of Financial Instruments for or (and) entering into a ContractContract with the Client, the Company shall inform deliver a notice to the Client via the Trading Platform to confirm the execution of the Client’s Order or (and) entering into the Contract with the Client.

Appears in 4 contracts

Samples: Agreement on Administration of Financial Instruments Account, Execution of Orders and Trading via Trading Platform, Agreement on Administration of Financial Instruments Account, Execution of Orders and Trading via Trading Platform, Agreement on Administration of Financial Instruments Account

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