PRICES AND OPEN POSITIONS. 3.1 We will provide you with "bid" and "offer" prices in respect of currencies through your trading platform or the Company liquidity connection. The prices that we quote are prices based on prices received from various market participants and may or may not be marked up or marked down from inter-bank spreads by the liquidity provider or by the Company. The Company does not represent that prices provided reflect inter-bank spreads. Each price shall be effective and may be used in a dealing instruction prior to the earlier of its expiration time and the time, if any, at which it is otherwise withdrawn by us. A price may not be used in a dealing instruction after such time. Each price shall be available for use in a dealing instruction for a transaction with a principal amount not to exceed a maximum determined by us. You acknowledge that these prices and maximum amounts may differ from prices and maximum amounts provided to other clients of ours and may be withdrawn or changed without notice. We may in our sole and absolute discretion and without prior notice to you immediately cease to provide prices in some or all currency pairs and for some or all value dates at any time. 3.2 Our service is restricted to executing transactions at the quoted prices at your request. When executing transactions we will not be executing orders on your behalf and accordingly we will not be subject to any obligation to take reasonable steps to obtain the best possible result for you. 3.3 We may combine your orders with orders for our own account or the account of our affiliates or with those of other clients. By aggregating your orders with those of other clients, we must reasonably believe that it is unlikely that the aggregation would work overall to the disadvantage of those clients. However, the effect of the aggregation may operate on some occasions to your disadvantage in relation to a particular order. We may fill your orders for a portion of the principal amount specified in the dealing instruction. In such an event, the unfilled portion of the order shall remain in effect until withdrawn, cancelled or executed. 3.4 We may require you to limit the number of open positions that you may have through us at any time. We may at any time in our sole and absolute discretion close out any one or more transactions in order to ensure that such positions limits are maintained.
Appears in 2 contracts
Samples: Liquidity Agreement, Liquidity Agreement
PRICES AND OPEN POSITIONS. 3.1 We 28.1 Charterprime will provide you the Client with "bid" and "offer" prices in respect of currencies through your trading platform or the Company liquidity connectionMetaTrader 4 Trading Platform. The prices that we Charterprime quote are prices based on prices received from various market participants and may or may not be marked up or marked down from inter-bank spreads by the liquidity provider or by the CompanyCharterprime. The Company Charterprime does not represent that prices provided reflect inter-bank spreads. .
28.2 Each price shall be effective and may be used in a dealing instruction prior to the earlier of its expiration time and the time, if any, at which it is otherwise withdrawn by us. A price may not be used in a dealing instruction after such time. Each price shall be available for use in a dealing instruction for a transaction with a principal amount not to exceed a maximum determined by usCharterprime. You The Client acknowledge that these prices and maximum amounts may differ from prices and maximum amounts provided to other clients of ours Charterprime’s and may be withdrawn or changed without notice. We .
28.3 Charterprime may in our sole and absolute discretion and without prior notice to you the Client immediately cease to provide prices in some or all currency pairs and for some or all value dates at any time.
3.2 Our 28.4 Charterprime’s service is restricted to executing transactions at the quoted prices at your the Client’s request. When executing transactions we Charterprime will not be executing orders on your the Client’s behalf and accordingly we Charterprime will not be subject to any obligation to take reasonable steps to obtain the best possible result for youthe Client.
3.3 We 28.5 Charterprime may combine your the Client’s orders with orders for of our own account or the account of our affiliates or with those of other clients. By aggregating your the Client’s orders with those of other clients, we Charterprime must reasonably believe that it is unlikely that the aggregation would work overall to the disadvantage of those clients. However, the effect of the aggregation may operate on some occasions to your the Client’s disadvantage in relation to a particular order. We Charterprime may fill your the Client’s orders for a portion of the principal amount specified in the dealing instruction. In such an event, the unfilled portion of the order shall remain in effect until withdrawn, cancelled or executed.
3.4 We 28.6 Charterprime may require you the Client to limit the number of open positions that you the Client may have through us Charterprime at any time. We Charterprime may at any time in our sole and absolute discretion close out any one or more transactions in order to ensure that such positions limits are maintained.
28.7 Charterprime reserve the right to refuse to honour transactions if it:
i. affects the orderly function of the market;
ii. constitutes an abusive exploitation of privileged confidential information;
iii. contributes to the laundering of illegal funds;
iv. affects in any manner the reliability or orderly operation of the Trading Platform(s); and,
v. relates to the purchase of a financial instrument but there is insufficient free Margin in the relevant trading account to cover such purchase and any applicable charges.
28.8 Charterprime reserves the right to refuse the execution of a pending order and/or modify the opening/closing price of an order if a technical or other error occurs.
28.9 The Client accepts that Charterprime may refuse to execute an instruction for trading financial instruments.
28.10 The Client accepts that if Charterprime were to refuse the execution of the Client’s order, the obligations of the Client under this Agreement shall remain unaffected.
Appears in 2 contracts
Samples: Terms and Conditions, Terms and Conditions
PRICES AND OPEN POSITIONS. 3.1 We 28.1 Long Asia will provide you the Client with "bid" and "offer" prices in respect of currencies through your trading platform or the Company liquidity connectionMetaTrader 4 Trading Platform. The prices that we Long Asia quote are prices based on prices received from various market participants and may or may not be marked up or marked down from inter-bank spreads by the liquidity provider or by the CompanyLong Asia. The Company Long Asia does not represent that prices provided reflect inter-bank spreads. .
28.2 Each price shall be effective and may be used in a dealing instruction prior to the earlier of its expiration time and the time, if any, at which it is otherwise withdrawn by us. A price may not be used in a dealing instruction after such time. Each price shall be available for use in a dealing instruction for a transaction with a principal amount not to exceed a maximum determined by usLong Asia. You The Client acknowledge that these prices and maximum amounts may differ from prices and maximum amounts provided to other clients of ours Long Asia’s and may be withdrawn or changed without notice. We .
28.3 Long Asia may in our sole and absolute discretion and without prior notice to you the Client immediately cease to provide prices in some or all currency pairs and for some or all value dates at any time.
3.2 Our 28.4 Long Asia’s service is restricted to executing transactions at the quoted prices at your the Client’s request. When executing transactions we Long Asia will not be executing orders on your the Client’s behalf and accordingly we Long Asia will not be subject to any obligation to take reasonable steps to obtain the best possible result for youthe Client.
3.3 We 28.5 Long Asia may combine your the Client’s orders with orders for of our own account or the account of our affiliates or with those of other clients. By aggregating your the Client’s orders with those of other clients, we Long Asia must reasonably believe that it is unlikely that the aggregation would work overall to the disadvantage of those clients. However, the effect of the aggregation may operate on some occasions to your the Client’s disadvantage in relation to a particular order. We Long Asia may fill your the Client’s orders for a portion of the principal amount specified in the dealing instruction. In such an event, the unfilled portion of the order shall remain in effect until withdrawn, cancelled or executed.
3.4 We 28.6 Long Asia may require you the Client to limit the number of open positions that you the Client may have through us Long Asia at any time. We Long Asia may at any time in our sole and absolute discretion close out any one or more transactions in order to ensure that such positions limits are maintained.
28.7 Long Asia reserve the right to refuse to honour transactions if it:
i. affects the orderly function of the market;
ii. constitutes an abusive exploitation of privileged confidential information;
iii. contributes to the laundering of illegal funds;
iv. affects in any manner the reliability or orderly operation of the Trading Platform(s); and,
v. relates to the purchase of a financial instrument but there is insufficient free Margin in the relevant trading account to cover such purchase and any applicable charges.
Appears in 1 contract
Samples: Terms and Conditions Agreement