TRADING POLICIES AND PROCEDURES Placing of instructions. You may give us instructions in electronic form through the Company Online Trading System. If any instructions are received by us by computer or other medium we may ask you to confirm such instructions in writing. We shall be authorised to follow instructions notwithstanding your failure to confirm them in writing. In this Agreement “instructions” and “orders” have the same meaning.
TRADING POLICIES AND PROCEDURES Placing of instructions. You may give us instructions in electronic form through the CDG Global (EU) Ltd Trading Platform. If any instructions are received by us by telephone, computer or other medium we may ask you to confirm such instructions in writing. We shall be authorized to follow instructions notwithstanding your failure to confirm them in writing. In this Agreement, “instructions” and “orders” have the same meaning. Some of the types of orders the Company accepts include, but are not limited to:
a) Good till Cancelled (“GTC”) - An order (other than a market order), that by its terms is effective until filled or cancelled by Client. GTC Orders are not automatically cancelled at the end of the Business Day on which they are placed.
b) Pending - An order for a potential trade that will be triggered only if the price level specified by you has been reached. The variants of Pending orders are Buy Stop, Sell Stop, Buy Limit and Sell Limit.
c) Market - An order to buy or sell the identified market at the current market price that the Company provides via the Trading Platform. An order to buy is executed at the current market ask price and an order to sell is executed at the current market bid price.
d) Stop Loss - A stop loss order is an instruction to buy or sell a market at a price which is worse than the opening price of an open position (or worse than the prevailing price when applying the stop loss order to an already open position). It can be used to help protect against losses. Please note that because of market gapping, the best available price that may be achieved could be materially different to the price set on the stop loss order and as such, stop loss orders are not guaranteed to take effect at the price for which they are set.
f) Trailing Stop - A trailing stop is the same as a stop loss order with the only difference being that, instead of setting a price at which the order is activated, the trailing stop order is activated at a fixed distance from the market price. For example, if Client has purchased a long open position and the market ask price increases, the trailing stop price will also increase and will trail behind the market ask price at the fixed distance set by Client. If the market ask price then decreases, the trailing stop price will remain fixed at its last position and if the market ask price reaches the trailing stop price, the order will be executed. Please note that because of market gapping, the best available price that may be achieved could b...
TRADING POLICIES AND PROCEDURES Placing of instructions. You may give us instructions in electronic form through the Arum Capital Online Trading Platform. If any instructions are received by us by telephone, computer or other medium (for the purposes of closing of positions only) we may ask you to confirm such instructions in writing. We shall be authorized to follow instructions notwithstanding your failure to confirm them in writing. In this Agreement “instructions” and “orders” have the same meaning. Some of the types of orders the Company accepts include, but are not limited to:
a. Good till Cancelled (“GTC”) - An order (other than a market order), that by its terms is effective until filled or cancelled by Client. GTC Orders are not automatically canceled at the end of the Business Day on which they are placed;
TRADING POLICIES AND PROCEDURES Placing of instructions. You may place your orders through the ZERO FINANCIAL LTD Online Trading System or by telephone. If any instructions are received by us by telephone, computer or other medium we may ask you to confirm such instructions. The Company shall be authorized to follow instructions notwithstanding your failure to confirm them. In this Agreement “instructions” and “orders” have the same meaning. You may use telephone trading services if: (a) the Company invites you to use telephone trading services offered during trading hours of the relevant Underlying Market provided you meet certain requirements as determined by the Company; or (b) you require the telephone service as an alternative form of communication where your normal other form of communication (example: via our online trading platform) is unavailable. The commission quoted via the telephone service may in certain circumstances differ from that which is displayed on our online trading platform. You are trading on the price of a financial instrument (example: a share) and will not be entitled to delivery of, or be required to deliver, the underlying financial instrument, nor will you be entitled to ownership thereof or any other interest therein unless otherwise agreed by the Company in writing. Should orders be received during non-trading hours, the Company will exercise best efforts to execute your trade at the next working day should the trade still be relevant. The Company cannot be held responsible for the fulfillment of an order partially or completely should such an order be received in non-trading hours.
