Stop Loss Orders and Limit Orders. a) The Client may place a Stop Loss Order in relation to a Trade on the Trading Platform. b) Khwezi may charge a fee it deems appropriate for the placement of a Stop Loss Order. c) The Client authorises Khwezi to withdraw this fee from the TPFA Account when the Stop Loss Order is entered into. d) The Trading Platform will close out the relevant Trade in accordance with the Stop Loss Order. e) The Client acknowledges that: i) market conditions, including Abnormal Market Conditions, may arise such that Khwezi may only be able to terminate and close out the Trade the subject of the Stop Loss Order at a price or rate that is substantially less than that in the Stop Loss Order; ii) once the Stop Loss Order is triggered, the Trading Platform will close out the Margin Trade at whatever price or rate it is able to obtain for the Client in the market; and iii) the Client accepts these risks accordingly. f) The Client may place a Limit Order in relation to a Trade on the Trading Platform. g) Khwezi may charge a fee it deems appropriate for the placement of a Limit Order. h) The Client authorises Khwezi to withdraw this fee from TPFA Account when the Limit Order is entered into. i) The Client acknowledges that – i) while the Limit Order will be entered into at the price or rate set out in the Limit Order, market conditions, including Abnormal Market Conditions, may arise such that Khwezi may only be able to enter into the Trade the subject of the Limit Order at a price or rate that is substantially different from the prices or rates prevailing in the relevant market at the time of entry into of the Trade; and ii) the Client accepts this risk accordingly.
Appears in 2 contracts
Samples: Trade Agreement, Trade Agreement
Stop Loss Orders and Limit Orders. a) The Client may place a Stop Loss Order in relation to a Trade on the Trading Platform.
b) Khwezi Star Markets may charge a fee it deems appropriate for the placement of a Stop Loss Order.
c) The Client authorises Khwezi Star Markets to withdraw this fee from the TPFA Account when the Stop Loss Order is entered into.
d) The Trading Platform will close out the relevant Trade in accordance with the Stop Loss Order.
e) The Client acknowledges that:
i) market conditions, including Abnormal Market Conditions, may arise such that Khwezi Star Markets may only be able to terminate and close out the Trade the subject of the Stop Loss Order at a price or rate that is substantially less than that in the Stop Loss Order;
ii) once the Stop Loss Order is triggered, the Trading Platform will close out the Margin Trade at whatever price or rate it is able to obtain for the Client in the market; and
iii) the Client accepts these risks accordingly.
f) The Client may place a Limit Order in relation to a Trade on the Trading Platform.
g) Khwezi Star Markets may charge a fee it deems appropriate for the placement of a Limit Order.
h) The Client authorises Khwezi Star Markets to withdraw this fee from TPFA Account when the Limit Order is entered into.
i) The Client acknowledges that –
i) while the Limit Order will be entered into at the price or rate set out in the Limit Order, market conditions, including Abnormal Market Conditions, may arise such that Khwezi Star Markets may only be able to enter into the Trade the subject of the Limit Order at a price or rate that is substantially different from the prices or rates prevailing in the relevant market at the time of entry into of the Trade; and
ii) the Client accepts this risk accordingly.
Appears in 1 contract
Samples: Trade Agreement
Stop Loss Orders and Limit Orders. a) The Client may place a Stop Loss Order in relation to a Trade on the Trading Platform.
b) Khwezi may charge a fee it deems appropriate for the placement of a Stop Loss Order.
c) The Client authorises authorizes Khwezi to withdraw this fee from the TPFA Account when the Stop Loss Order is entered into.
d) The Trading Platform will close out the relevant Trade in accordance with the Stop Loss Order.
e) The Client acknowledges that:
i) market conditions, including Abnormal Market Conditions, may arise such that Khwezi may only be able to terminate and close out the Trade the subject of the Stop Loss Order at a price or rate that is substantially less than that in the Stop Loss Order;.
ii) once the Stop Loss Order is triggered, the Trading Platform will close out the Margin Trade at whatever price or rate it is able to obtain for the Client in the market; and
iii) the Client accepts these risks accordingly.
f) The Client may place a Limit Order in relation to a Trade on the Trading Platform.
g) Khwezi may charge a fee it deems appropriate for the placement of a Limit Order.
h) The Client authorises authorizes Khwezi to withdraw this fee from TPFA Account when the Limit Order is entered into.
i) The Client acknowledges that –
i) while the Limit Order will be entered into at the price or rate set out in the Limit Order, market conditions, including Abnormal Market Conditions, may arise such that Khwezi may only be able to enter into the Trade the subject of the Limit Order at a price or rate that is substantially different from the prices or rates prevailing in the relevant market at the time of entry into of the Trade; and
ii) the Client accepts this risk accordingly.
Appears in 1 contract
Samples: Trade Agreement