Common use of Quotes Clause in Contracts

Quotes. 1. The Client acknowledges that the only reliable source of quote flow information is the main server for customer requests. The quotes on the Trading Platform cannot serve as a reliable source of information about the real quotes flow, as in the case of unstable connection between the Trading Platform and the server part of the quotes from the flow may not reach the Trading Platform. 2. The graphs displayed on the Trading Platform are indicative. Thus, the Company does not guarantee that the transaction will be made at the same prices specified on the graphs in the Trading Platform at the time of submission of the other customer transactions. 3. The price displayed on the Trading Platform is formed by the formula (Bid+Ask)/2. 4. Non-market quote – the price in the Trading Platform which does not correspond to the price on the market at this moment of time (hereinafter referred to as the “Non-market price”). 5. In case that the Company executed the Client’s request/order for Non-market quote, the following shall be imposed on the Company’s duty: a. In case of position closing – correction of the financial result between incorrect closing of the position and closing according to real market price corresponding to the closing moment of transaction according to Non-market price. b. In case of position opening – the Company reserves the right to cancel the financial result regarding such position.

Appears in 9 contracts

Samples: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

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Quotes. 1. The Client acknowledges that the only reliable source of quote flow information is the main server for customer requests. The quotes on the Trading Platform cannot serve as a reliable source of information about the real quotes flow, as in the case of unstable connection between the Trading Platform and the server part of the quotes from the flow may not reach the Trading Platform. 2. The graphs displayed on the Trading Platform are indicative. Thus, the Company does not guarantee that the transaction will be made at the same prices specified on the graphs in the Trading Platform at the time of submission of the other customer transactions. 3. The price displayed on the Trading Platform is formed by the formula (Bid+Ask)/2. 4. Non-market quote – the price in on the Trading Platform which does not correspond to the price on the market at this moment of time (hereinafter referred to as the “Non-market price”). 5. In case that the Company executed the Client’s request/order for Non-market quote, the following shall be imposed on the Company’s duty: a. In case of position closing – correction of the financial result between incorrect closing of the position and closing according to real market price corresponding to the closing moment of transaction according to Non-market price. b. In case of position opening – the Company reserves the right to cancel the financial result regarding such position.

Appears in 8 contracts

Samples: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

Quotes. 1. The Client acknowledges that the only reliable source of quote flow information is the main server for customer requests. The quotes on the Trading Platform cannot serve as a reliable source of information about the real quotes flow, as in the case of unstable connection between the Trading Platform and the server part of the quotes from the flow may not reach the Trading Platform. 2. The graphs displayed on the Trading Platform are indicative. Thus, the Company does not guarantee that the transaction will be made at the same prices specified on the graphs in the Trading Platform at the time of submission of the other customer transactions. 3. The price displayed on the Trading Platform is formed by the formula (Bid+Ask)/2. 4. Non-market quote – the price in the Trading Platform which does not correspond to the price on the market at this moment of time (hereinafter referred to as the “Non-market Nonmarket price”). 5. In case that the Company executed the Client’s request/order for Non-market quote, the following shall be imposed on the Company’s duty: a. In case of position closing – correction of the financial result between incorrect closing of the position and closing according to real market price corresponding to the closing moment of transaction according to Non-market price. b. In case of position opening – the Company reserves the right to cancel the financial result regarding such position.

Appears in 2 contracts

Samples: Terms & Conditions, Terms & Conditions

Quotes. 1. The Client acknowledges that the only reliable source of quote flow flow information is the main server for customer requests. The quotes on the Trading Platform cannot serve as a reliable source of information about the real quotes flowflow, as in the case of unstable connection between the Trading Platform and the server part of the quotes from the flow flow may not reach the Trading Platform. 2. The graphs displayed on the Trading Platform are indicative. Thus, the Company does not guarantee that the transaction will be made at the same prices specified specified on the graphs in the Trading Platform at the time of submission of the other customer transactions. 3. The price displayed on the Trading Platform is formed by the formula (Bid+Ask)/2. 4. Non-market quote – the price in the Trading Platform which does not correspond to the price on the market at this moment of time (hereinafter referred to as the “Non-market price”). 5. In case that the Company executed the Client’s request/order for Non-market quote, the following shall be imposed on the Company’s duty: a. In case of position closing – correction of the financial financial result between incorrect closing of the position and closing according to real market price corresponding to the closing moment of transaction according to Non-market price. b. In case of position opening – the Company reserves the right to cancel the financial financial result regarding such position.

Appears in 1 contract

Samples: Terms & Conditions Agreement

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Quotes. 15.1. The Client acknowledges that the only reliable source of quote flow information is the main server for customer requests. The quotes on the Trading Platform cannot serve as a reliable source of information about the real quotes flow, as in the case of unstable connection between the Trading Platform and the server part of the quotes from the flow may not reach the Trading Platform. 25.2. The graphs displayed on the Trading Platform are indicative. Thus, the Company does not guarantee that the transaction will be made at the same prices specified on the graphs in the Trading Platform at the time of submission of the other customer transactions. 35.3. The price displayed on the Trading Platform is formed by the formula (Bid+Ask)/2Bid. 45.4. Non-market quote – the price in the Trading Platform which does not correspond to the price on the market at this moment of time (hereinafter referred to as the “Non-market price”). 55.5. In case that the Company executed the Client’s request/order for Non-market quote, the following shall be imposed on the Company’s duty: a. : In case of position closing – correction of the financial result between incorrect closing of the position and closing according to real market price corresponding to the closing moment of transaction according to Non-market price. b. ; In case of position opening – the Company reserves the right to cancel the financial result regarding such position.

Appears in 1 contract

Samples: Terms & Conditions

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