Common use of Special Handling for Large Transactions Clause in Contracts

Special Handling for Large Transactions. If a Transaction or series of Transactions occurs in your Account which results in the immediate opening or closure of a Trade or series of Trades within a period of 10 seconds, in either case with an aggregate notional value that exceeds $100,000,000 USD equivalent in any major currency pair (e.g., a pair comprised of any two of AUD, CAD, CHF, EUR, GBP, JPY, USD), or $30,000,000 USD equivalent in any other instrument, then OANDA will execute your Trade(s) at the price shown in fxTrade at the time of your Trade(s) and subsequently may debit or credit your Account for the difference between the price shown in fxTrade at the time of your Trades and an amount equal to 1.0-pip in excess of OANDA’s actual volume-weighted cost of clearing such Trades. (Please see examples in Exhibit A attached hereto.)

Special Handling for Large Transactions. If a Transaction or series of Transactions occurs in your Account which results in the immediate opening or closure of a Trade or series of Trades within a period of 10 seconds, in either case with an aggregate notional value that exceeds $100,000,000 USD equivalent in any major currency pair (e.g., a pair comprised of any two of AUD, CAD, CHF, EUR, GBP, JPY, USD), or $30,000,000 USD equivalent in any other instrument, then OANDA will execute your Trade(s) at the price shown in fxTrade at the time of your Trade(s) and subsequently may debit or credit your Account for the difference between the price shown in fxTrade at the time of your Trades and an amount equal to 1.0-1.0- pip in excess of OANDA’s actual volume-weighted cost of clearing such Trades. (Please see examples in Exhibit A attached hereto.)

Special Handling for Large Transactions. If a Transaction or series of Transactions occurs in your Account which results in the immediate opening or closure of a Trade or series of Trades within a period of 10 seconds, in either case with an aggregate notional value that exceeds $100,000,000 USD equivalent in any major currency pair (e.g., a pair comprised of any two of AUD, CAD, CHF, EUR, GBP, JPY, USD), or $30,000,000 USD equivalent in any other instrument, then OANDA will execute your Trade(s) at the price shown in fxTrade The OANDA Trading System at the time of your Trade(s) and subsequently may debit or credit your Account for the difference between the price shown in fxTrade The OANDA Trading System at the time of your Trades and an amount equal to 1.0-pip in excess of OANDA’s actual volume-weighted cost of clearing such Trades. (Please see examples in Exhibit A attached hereto.)