Common use of REFUSAL TO EXECUTE ORDERS Clause in Contracts

REFUSAL TO EXECUTE ORDERS. 15.1 The Client accepts that Company shall have the right, at any time, to refuse at its discretion the provision of any investment or ancillary service, including but not limited to the execution of Orders for the purposed of trading financial instrument, without providing notice to the Client. 15.2 Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.3 The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.4 The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.5 The Client accepts that if the Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.6 The Client relies on third party liquidity providers for prices and available volume, therefore execution of the Client’s orders will depend on the pricing and available liquidity of the providers. The Company reserves the right to decline an order of any type including but not limited to Market Order, Buy Limit, Sell Limit, Sell Stop, Buy Stop, Stop Loss and Take Profit on Financial Instrument. The price, at which an Order is executed at, may vary significantly from original requested price during abnormal market conditions. This may occur, for example, at the following but not limited cases: (a) during Market opening times; (b) during news times; (c) during volatile periods where prices may move significantly up or down and away from the declared price; (d) where there is rapid price movement, of the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange or Market, trading is suspended or restricted; (e) if there is sufficient liquidity for the execution of the specific volume of an Order at the declared price. 15.7 The Client accepts that the Company reserves the right to terminate the Client’s access to the Platform(s) in order to ensure and/or restore its orderly operation. 15.8 Without prejudice to any other provisions herein, the Company is entitled, at any time and at its discretion, without giving any notice or explanation to the Client to restrict the Client’s trading activity, to cancel Orders, to decline or refuse to transmit or execute any Order of the Client, and the Client has no right to claim any damages, specific performance or compensation whatsoever from the Company, in any of the following cases: (a) Internet connection or communications are disrupted; (b) In consequence of request of regulatory or supervisory authorities of St Xxxxxxx & The Grenadines or a court order or antifraud or anti-money laundering authorities; (c) Where the legality or genuineness of the Order is under doubt; (d) A Force Majeure Event has occurred; (e) In an Event of Default of the Client; (f) The Company has sent a notice of Termination of the Agreement to the Client; (g) The system of the Company rejects the Order due to trading limits imposed; (h) Under abnormal market conditions; or (i) The Client does not hold adequate funds in his Balance for the specific Order.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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REFUSAL TO EXECUTE ORDERS. 15.1 17.1 The Client accepts that Company shall have the right, at any time, to refuse at its discretion the provision of any investment or ancillary service, including but not limited to the execution of Orders for the purposed of trading financial instrument, without providing notice to the Client. 15.2 17.2 Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.3 17.3 The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.4 17.4 The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.5 17.5 The Client accepts that if the Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.6 17.6 The Client relies on third party liquidity providers for prices and available volume, therefore execution of the Client’s orders will depend on the pricing and available liquidity of the providers. The Company reserves the right to decline an order of any type including but not limited to Market Order, Buy Limit, Sell Limit, Sell Stop, Buy Stop, Stop Loss and Take Profit on Financial Instrument. The price, at which an Order is executed at, may vary significantly from original requested price during abnormal market conditions. This may occur, for example, at the following but not limited cases: (a) during Market opening times; (b) during news times; (c) during volatile periods where prices may move significantly up or down and away from the declared price; (d) where there is rapid price movement, of the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange or Market, trading is suspended or restricted; (e) if there is sufficient liquidity for the execution of the specific volume of an Order at the declared price. 15.7 17.7 The Client accepts that the Company reserves the right to terminate the Client’s access to the Platform(s) in order to ensure and/or restore its orderly operation. 15.8 17.8 Without prejudice to any other provisions herein, the Company is entitled, at any time and at its discretion, without giving any notice or explanation to the Client to restrict the Client’s trading activity, to cancel Orders, to decline or refuse to transmit or execute any Order of the Client, and the Client has no right to claim any damages, specific performance or compensation whatsoever from the Company, in any of the following cases: (a) Internet connection or communications are disrupted; (b) In consequence of request of regulatory or supervisory authorities of St Xxxxxxx & The Grenadines Cyprus or a court order or antifraud or anti-money laundering authorities; (c) Where the legality or genuineness of the Order is under doubt; (d) A Force Majeure Event has occurred; (e) In an Event of Default of the Client; (f) The Company has sent a notice of Termination of the Agreement to the Client; (g) The system of the Company rejects the Order due to trading limits imposed; (h) Under abnormal market conditions; or (i) The Client does not hold adequate funds in his Balance for the specific Order.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

REFUSAL TO EXECUTE ORDERS. 15.1 The Client accepts that Company shall have the right, at any time, to refuse at its discretion the provision of any investment or ancillary service, including but not limited to the execution of Orders for the purposed of trading financial instrument, without providing notice to the Client. 15.2 Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.3 The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.4 The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.5 The Client accepts that if the Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.6 The Client relies on third party liquidity providers for prices and available volume, therefore execution of the Client’s orders will depend on the pricing and available liquidity of the providers. The Company reserves the right to decline an order of any type including but not limited to Market Order, Buy Limit, Sell Limit, Sell Stop, Buy Stop, Stop Loss and Take Profit on Financial Instrument. The price, at which an Order is executed at, may vary significantly from original requested price during abnormal market conditions. This may occur, for example, at the following but not limited cases: (a) during Market opening times; (b) during news times; (c) during volatile periods where prices may move significantly up or down and away from the declared price; (d) where there is rapid price movement, of the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange or Market, trading is suspended or restricted; (e) if there is sufficient liquidity for the execution of the specific volume of an Order at the declared price. 15.7 The Client accepts that the Company reserves the right to terminate the Client’s access to the Platform(s) in order to ensure and/or restore its orderly operation. 15.8 Without prejudice to any other provisions herein, the Company is entitled, at any time and at its discretion, without giving any notice or explanation to the Client to restrict the Client’s trading activity, to cancel Orders, to decline or refuse to transmit or execute any Order of the Client, and the Client has no right to claim any damages, specific performance or compensation whatsoever from the Company, in any of the following cases: (a) Internet connection or communications are disrupted; (b) In consequence of request of regulatory or supervisory authorities of St Xxxxxxx & The Grenadines Belize or a court order or antifraud or anti-money laundering authorities; (c) Where the legality or genuineness of the Order is under doubt; (d) A Force Majeure Event has occurred; (e) In an Event of Default of the Client; (f) The Company has sent a notice of Termination of the Agreement to the Client; (g) The system of the Company rejects the Order due to trading limits imposed; (h) Under abnormal market conditions; or (i) The Client does not hold adequate funds in his Balance for the specific Order.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

REFUSAL TO EXECUTE ORDERS. 15.1 The Client accepts that the Company shall have the right, at any time, to refuse at its discretion the provision of any investment or ancillary service, including but not limited to the execution of Orders for the purposed of trading financial instrument, without providing notice to the Client. 15.2 Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.3 The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.4 The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.5 The Client accepts that if the Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.6 The Client relies on third party liquidity providers for prices and available volume, therefore execution of the Client’s orders will depend on the pricing and available liquidity of the providers. The Company reserves the right to decline an order of any type including but not limited to Market Order, Buy Limit, Sell Limit, Sell Stop, Buy Stop, Stop Loss and Take Profit on Financial Instrument. The price, price at which an Order is executed at, may vary significantly from original requested price during abnormal market conditions. This may occur, for example, at the following but not limited cases: (a) during Market opening times; (b) during news times; (c) during volatile periods where prices may move significantly up or down and away from the declared price; (d) where there is rapid price movement, of the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange or Market, trading is suspended or restricted; (e) if there is sufficient liquidity for the execution of the specific volume of an Order at the declared price. 15.7 15.3 Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.4 The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.5 The Client accepts that the Company reserves the right to terminate the Client’s access to the Platform(s) Trading Platform in order to ensure and/or restore its orderly operation. 15.6 The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.7 The Client accepts that if Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.8 Without prejudice to any other provisions herein, the Company is entitled, at any time and at its discretion, without giving any notice or explanation to the Client to restrict the Client’s trading activity, to cancel Orders, to decline or refuse to transmit or execute any Order of the Client, and the Client has no right to claim any damages, specific performance or compensation whatsoever from the Company, in any of the following cases: (a) Internet connection or communications are disrupted; (b) In consequence of request of regulatory or supervisory authorities of St Xxxxxxx & The Grenadines Cyprus or a court order or antifraud or anti-money laundering authorities; (c) Where the legality or genuineness of the Order is under doubt; (d) A Force Majeure Event has occurred; (e) In an Event of Default of the Client; (f) The Company has sent a notice of Termination of the Agreement to the Client; (g) The system of the Company rejects the Order due to trading limits imposed; (h) Under abnormal market conditions; or (i) The Client does not hold adequate funds in his Balance for the specific Order.

Appears in 1 contract

Samples: Client Agreement

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REFUSAL TO EXECUTE ORDERS. 15.1 15.1. The Client accepts that the Company shall have the right, at any timetime , to refuse at its discretion the provision of any investment or ancillary service, including but not limited to the execution of Orders for the purposed of trading financial instrument, without providing notice to the Client. 15.2 Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.3 The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.4 The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.5 The Client accepts that if the Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.6 15.2. The Client relies on third party liquidity providers for prices and available volume, therefore execution of the Client’s orders will depend on the pricing and available liquidity of the providers. The Company reserves the right to decline an order of any type including but not limited to Market Order, Buy Limit, Sell Limit, Sell Stop, Buy Stop, Stop Loss and Take Profit on Financial Instrument. The price, price at which an Order is executed at, may vary significantly from original requested price during abnormal market conditions. This may occur, for example, at the following but not limited cases: (a) during Market opening times; (b) during news times; (c) during volatile periods where prices may move significantly up or down and away from the declared price; (d) where there is rapid price movement, of the price rises or falls in one trading session to such an extent that under the rules of the relevant exchange or Market, trading is suspended or restricted; (e) if there is sufficient liquidity for the execution of the specific volume of an Order at the declared price. 15.7 15.3. Without prejudice to the aforementioned, the Company shall refuse to execute orders when the Company has reasonable grounds to believe that the execution of a Client’s order may, inter alia: (a) affect the orderly function of the market; (b) constitute an abusive exploitation of privileged confidential information; (c) contribute to the laundering of illegal funds and/or constitute any illegal activity; (d) affect in any manner the reliability or orderly operation of the Trading Platform(s); or (e) relate 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. 15.4. The Company reserves the right to refuse the execution of pending order and/or modify the opening/closing price of an order if a technical or other error occurs. 15.5. The Client accepts that the Company reserves the right to terminate the Client’s access to the Platform(s) Trading Platform in order to ensure and/or restore its orderly operation. 15.8 15.6. The Client accepts that the Company may refuse to execute an Order for trading financial instruments in accordance with this paragraph. 15.7. The Client accepts that if Company were to refuse the execution of a Client’s order, under this paragraph, the obligations of the Client under the Agreement shall remain unaffected. 15.8. Without prejudice to any other provisions herein, the Company is entitled, at any time and at its discretion, without giving any notice or explanation to the Client to restrict the Client’s trading activity, to cancel Orders, to decline or refuse to transmit or execute any Order of the Client, and the Client has no right to claim any damages, specific performance or compensation whatsoever from the Company, in any of the following cases: (a) Internet connection or communications are disrupted; (b) In consequence of request of regulatory or supervisory authorities of St Xxxxxxx & The Grenadines Cyprus or a court order or antifraud or anti-money laundering authorities; (c) Where the legality or genuineness of the Order is under doubt; (d) A Force Majeure Event has occurred; (e) In an Event of Default of the Client; (f) The Company has sent a notice of Termination of the Agreement to the Client; (g) The system of the Company rejects the Order due to trading limits imposed; (h) Under abnormal market conditions; or (i) The Client does not hold adequate funds in his Balance for the specific Order.

Appears in 1 contract

Samples: Client Agreement

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