Common use of Slippage Clause in Contracts

Slippage. You are warned that Slippage may occur when trading in Futures. This is the situation when at the time that an Order is presented for execution, the specific price showed to the Client may not be available; therefore, the Order will be executed close to or a number of pips away from the Client’s requested price. So, Slippage is the difference between the expected price of an Order, and the price the Order is actually executed at. If the execution price is better than the price requested by the Client, this is referred to as positive slippage. If the executed price is worse than the price requested by the Client, this is referred to as negative slippage. Please be advised that Slippage is a normal element when trading in financial instruments. Slippage more often occurs during periods of illiquidity or higher volatility (for example due to news announcements, economic events and market openings and other factors) making an Order at a specific price impossible to execute. In other words, your Orders may not be executed at declared prices. It is noted that Slippage can occur also during Stop Loss, Take Profit and other types of Orders. We do not guarantee the execution of your Pending Orders at the price specified. However, we confirm that your Order will be executed at the next best available market price from the price you have specified under your pending Order. Among the orders that a customer can place on the platform are, but not limited to :

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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Slippage. You are warned that Slippage may occur when trading in Futuresfinancial instruments. This is the situation when at the time that an Order is presented for execution, the specific price showed to the Client may not be available; therefore, the Order will be executed close to or a number of several pips away from the Client’s requested price. So, Slippage is the difference between the expected price of an Order, Order and the price the Order is actually executed at. If the execution price is better than the price requested by the Client, this is referred to as positive slippage. If the executed price is worse than the price requested by the Client, this is referred to as negative slippage. Please be advised that A Slippage is a normal element when trading in financial instruments. Slippage more often occurs during periods of illiquidity or higher volatility (for example due to news announcements, economic events events, and market openings and other factors) making an Order at a specific price impossible to execute. In other words, your Your Orders may not be executed at declared prices. Slippage may appear in all types of accounts we offer. It is noted that Slippage can occur also during Stop Lossloss orders, Take Profit Limit orders, and other types of Orders. We do not guarantee the execution of your Pending Orders at the price specified. HoweverLimit Orders can be filled at either requested or better price, we confirm that your Order will while Stop Orders can be executed filled at worse, requested or better price. The resulting Slippage is always subject to market conditions at the next best available market price from time of the price you have specified under your pending Order. Among execution and the orders that a customer can place on Company has no power of controlling the platform are, but not limited to :executed price.

Appears in 2 contracts

Samples: Terms and Conditions of Use, Terms and Conditions

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