Common use of Quotes Clause in Contracts

Quotes. 6.1. The Client acknowledges that when using the Company's services, the only reliable source of information about Quote streams is the Company Server. Quotes displayed on the Trading Platform cannot serve as a reliable source of information on Quotes streams, since in the case of an unstable connection between the Trading Platform and the Server, some Quotes from the streams may not reach the Trading Platform. 6.2. The charts displayed on the Trading Platform are of an indicative nature. The Company does not guarantee that a Deal will be completed according to the Quote displayed on the chart on the Trading Platform at the time the Client submits the Trading Order. 6.3. The Asset Quotation on the Trading Platform is determined by the formula: (purchase+sale)/2. 6.4. If a Client’s Trading Order is executed on a non-market Quote, the Company corrects the financial result of the Deal in accordance with the market Quotes at the time of execution of that Trading Order or cancels the result of the Deal.

Appears in 5 contracts

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

Quotes. 6.1. The Client acknowledges that when using the Company's services, the only reliable source of information about Quote streams is the Company Server. Quotes displayed on the Trading Platform cannot serve as a reliable source of information on Quotes streams, since in the case of an unstable connection between the Trading Platform and the Server, some Quotes from the streams may not reach the Trading Platform. 6.2. The charts displayed on the Trading Platform are of an indicative nature. The Company does not guarantee that a Deal Trading Operation will be completed conducted according to the Quote displayed on the chart on the Trading Platform at the time the Client submits the Trading Order. 6.3. The Asset Quotation on the Trading Platform is determined by the formula: (purchase+sale)/2. 6.4. If a Client’s Trading Order is executed on a non-market Quote, the Company corrects the financial result of the Deal Trade in accordance with the market Quotes at the time of execution of that Trading Order or cancels the result of the DealTrade.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement