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Stop Out Sample Clauses

Stop Out. 4.1 The Company has the right (but is not obliged) to forcibly close the Client's open positions without prior notification of the latter, if the current state of the trading account (equity) is less than 15% of the required margin to maintain open positions. 4.2 The current state of the account is controlled by the server, which, if condition 4.1 is fulfilled, generates an order for the forced closing of the position (stop out). 4.3 If the Client has several open positions, the position with the largest floating losses is closed first. 4.4 The Company guarantees that after the last position is closed, the trading account will have a balance in the range from 0 to 15% of the margin required to maintain this last forcedly closed position (limiting the Client's risk).
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Stop Out. The Company is entitled to close the Client’s positions without the consent of the Client or any prior notice if the margin level drops below 50% for all accounts, except of Crypto accounts which is at or below 80%. Margin level is monitored by the server whereby it generates the Stop Out instruction to close a position without prior consent. Stop Out is executed at the current Quote following the priority of the queue. Once the position has been closed the relevant record appears in the server-log file with “Stop Out”. If the Client has several Open Positions the first position which must be placed in the queue in order to be closed is the one with the highest Floating Loss. When the last Open Position is closed and there is no Price Gap or Price Gap on the Market Opening the Company shall guarantee that the execution of Stop Out for the last position will not result in Negative Equity (i.e., below zero) on the Client’s trading account. Negative balance protection is provided to all accounts held by the Company. In case the client balance goes negative after all positions close, the Company will cover the negative balance and will not request from Clients to cover the required amount. The Company reserves the right to close any Open Positions of the Client without a warning in the event of a dispute.
Stop Out. If no action is taken by the customers to either reduce their open positions, or transfer funds into their trading account in time for it to be cleared, some or all existing positions will start to be automatically closed out without further reference to you, when the Stop Out Level is reached. Similar to the Margin Call Level, your Stop Out Level may differ depending on your customer trading group.
Stop Out. 12.1. Your Margin Level is a safety level that indicates whether you have enough funds to support your Open Positions. Your Margin Level will be monitored by the Server. 12.2. If your Margin Level falls below 100%, you will not be able to open a new Position. 12.3. If your Margin Level is less than the level of the Stop Out specified on the Trading Platform or visible on our website as updated from time to time, we will Stop Out (i.e., automatically close your Open Positions with the biggest Loss) to bring your Margin Level to the required threshold or above. This will be done with no prior Written Notice. 12.4. A Stop Out is a safety mechanism to protect you from big Losses due to sudden market movements. The Stop Out instruction is generated by the Server. You should understand that your Open Positions may be closed at a price that is different from the Quote generated by the Server in its Stop Out instruction. 12.5. Stop Outs will be triggered at the price point at which we hedged your trade or at the price available at the moment the Order is executed. 12.6. If a Stop Out has resulted in a negative Balance on your Trading Account, general negative balance protection rules found in the Client Agreement will apply. If this negative balance is as a result of your illicit activities, you will be liable for the loss and must pay any amount due immediately. We may compensate this loss from the funds in any of your other accounts held by us. 12.7. We may close your Open Positions without your consent or any prior notice if your Equity is less than the Level of Stop Out specified on our Website or Platform or where relevant, via our Publishing Channels. 12.8. Once the Position has been closed, the relevant record appears in the Server Log File with the “Stop Out” remark where applicable. 12.9. We may, with no prior Written Notice, change the Stop Out and Margin Levels.
Stop Out. 6.1 By accepting this Agreement, the Client irrevocably acknowledges, accepts and agrees that the Company is entitled to close the Client’s Open Positions without the consent of the Client or any prior notice if the Equity is less than the Level of Stop Out specified at Trading Terms on the Company’s Webpage. 6.2 Margin Level shall be monitored by the Server. The Client acknowledges, agrees and consents hereto that subject to Clause 6.1 above the Server shall generate the Stop Out Instruction to close a position.. Stop Out shall be executed at the price at which the Company has hedged the trade. The Client agrees that the price at which the Order is executed may be different from the Quote at which the Stop Out Instruction was generated. The Client acknowledges, agrees and consents hereto that the Company has the right, in its sole and absolute discretion, to adjust this price to reflect the cost(s) of hedging. Stop Out shall be executed at the current price available at the moment the order is executed. The Client acknowledges, agrees and consents hereto that in the cases where the Stop Out is executed by the Company, the Stop Out shall be executed at the price at which the Company has hedged the position and the price shall be adjusted by the Company, in its sole and absolute discretion in order to reflect such hedging cost(s). 6.3 The Client acknowledges that the execution price may differ from the Quote at which the Stop Out Instruction was generated dispute. 6.4 Once the position has been closed the relevant record appears in the Server Log File with the “Stop Out” remark. 6.5 If the Client has several Open Positions, the first position which has to be placed in the queue in order to be closed is the one with the highest Floating Loss. 6.6 The Company has the right to close any Open Positions of the Client without a warning if it is required in accordance with the Dispute process. 6.7 Please bear in mind, that the Company may at its sole discretion change within the hour before the close of the trading session on every Friday or at any other given time, the Stop Out and Margin Call levels from 50% to 100% and from 80% to 130% respectively, for all ECN MT4 accounts. Moreover, kindly note that the Company may extend these amendments for as long as it deems necessary after the market opening, by providing the Client with prior written notice.

Related to Stop Out

  • Alcoholic Beverages Costs of alcoholic beverages are unallowable.

  • Stop Payment Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the Account. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution will: a) use reasonable diligence to comply with the stop payment, but b) not be liable to the Depositor or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution is negligent, wilfully negligent, or otherwise.

  • Wildcard Prohibition For domain names which are either not registered, or the registrant has not supplied valid records such as NS records for listing in the DNS zone file, or their status does not allow them to be published in the DNS, the use of DNS wildcard Resource Records as described in RFCs 1034 and 4592 or any other method or technology for synthesizing DNS Resources Records or using redirection within the DNS by the Registry is prohibited. When queried for such domain names the authoritative name servers must return a “Name Error” response (also known as NXDOMAIN), RCODE 3 as described in XXX 0000 and related RFCs. This provision applies for all DNS zone files at all levels in the DNS tree for which the Registry Operator (or an affiliate engaged in providing Registration Services) maintains data, arranges for such maintenance, or derives revenue from such maintenance.

  • Stop Payment Rights If you have arranged in advance to make electronic fund transfers out of your account(s) for money you owe others, you may stop payment on preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive the written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request may apply to a single transfer, multiple transfers, or all future transfers as directed by you, and will remain in effect unless you withdraw your request or all transfers subject to the request have been returned.

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