Common use of Telephone Orders And Immediate Execution Clause in Contracts

Telephone Orders And Immediate Execution. Market Orders executed through the XXXXX.xxx Canada Trading Desk are completed when XXXXX.xxx Canada says “deal” or “done”. At that point Customer has bought or sold and cannot cancel the Market Order. By placing Market Orders through the XXXXX.xxx Canada Trading Desk, Customer agrees to such immediate execution and accepts the risk of this immediate execution feature.

Telephone Orders And Immediate Execution. Market Orders executed through the XXXXX.xxx Canada Trading Desk are completed when XXXXX.xxx Canada says “deal” or “done”. At that point Customer has bought or sold and cannot cancel the Market Order. By placing Market Orders through the XXXXX.xxx Canada Trading Desk, Customer Xxxxxxxx agrees to such immediate execution and accepts the risk of this immediate execution feature.