Placing and Execution of Orders Sample Clauses

Placing and Execution of Orders. 6.1. This Agreement shall acknowledge the Client’s orders placed through the Company’s Electronic Trading Platforms and email. 6.2. The Client will be given exclusive log-in details from the Company in order to be able to access the Electronic Trading Platform and begin submitting orders. 6.3. To finalize an order, the Client is required to enter security information as a prerequisite before the orders get accepted. 6.4. The Client is obliged to give contact details (email addresses, phone numbers, and mailing address) to the Company as an essential part of this Agreement; while the Company is not obligated to provide the Client with any record or information as part of the Company’s Privacy Policy. 6.5. The Client order is considered to be accepted once the used Trading Platform indicated receipt of request. 6.6. With the acceptance of the Client’s orders and instructions by the Company, the Client understands that the execution price can be different than the price indicated when the order was entered, if there would be changes in the market price at some point while executing the order. Such is under the Order Execution Policy, wherein execution of a specific order can take about a few seconds or more. 6.7. In case that the Client is not sure if his/her order has been accepted or a trade has been performed, he/she may always contact the Company, and the Client will be eagerly assisted by the Company’s accommodating help desk staff. 6.8. Upon the placement of orders, the Company follows a “first in, first out” scheme. It means that the sequence upon which the Client orders are positioned depends on the chain of orders the Client placed and got accepted by the Company. 6.9. The Client has the obligation to ensure that the trades and assumptions made are correct. The Company will not be held responsible for any mistake in the trades executed by the Client. 6.10. In placing the Client’s orders, the Client hereby accepts in full understanding that he/she is entering a trading activity where the price and price movement is dependent on the Financial Instrument itself. The Client holds no right on the Financial Instrument being used. 6.11. The Order Execution Policy contains the types of orders that the Company’s Electronic Trading Platforms accept. Full details are provided about the types of orders that are available on the said platform. Such policy can be modified every now and then without prior notice. 6.12. It is the Client’s sole responsibility to ensu...
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Placing and Execution of Orders 

Related to Placing and Execution of Orders

  • Cancellation of Orders If payment for shares purchased is not received within the time customary or the time required by law for such payment, the sale may be canceled without notice or demand, and neither FTDI nor the Fund(s) shall have any responsibility or liability for such a cancellation; alternatively, at FTDI's option, the unpaid shares may be sold back to the Fund, and Bank shall be liable for any resulting loss to FTDI or to the Fund(s). FTDI shall have no liability for any check or other item returned unpaid to Bank after Bank has paid FTDI on behalf of a purchaser. FTDI may refuse to liquidate the investment unless FTDI receives the purchaser's signed authorization for the liquidation.

  • TERMINATION OF ORDERS Participating Entities may terminate an order, in whole or in part, immediately upon notice to Supplier in the event of any of the following events: 1. The Participating Entity fails to receive funding or appropriation from its governing body at levels sufficient to pay for the equipment, products, or services to be purchased; or 2. Federal, state, or provincial laws or regulations prohibit the purchase or change the Participating Entity’s requirements.

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