Types of CFD Orders. 2.1 The following CFD Orders may be given by the Client: (a) Buy (b) Sell (c) Sell Limit, Sell Stop (d) Buy Limit, Buy Stop (e) Take Profit, Stop Loss (f) Set Expiry date (g) Any other Orders available on the Platform. 3. Placing, Cancelling or Removing Orders and Execution of Client Orders 3.1 It is understood that additional terms, conditions, requirements, functionalities and limitations may apply for CFD trading which are available on each Platform the Client agrees that he is bound by them, and the Company has the right to change these without any prior notice to the Client; therefore, the Client agrees to check for such changes before placing a new CFD Order. In addition, CFD Orders are placed and executed in accordance to the Contract Specifications, the Financing Charges, the Rollover Policy and the Trading Hours, available on the Website, and the Company has the right to change these without any prior notice to the Client; therefore the Client agrees to check for such changes on the Company’s Website before placing a new CFD Order. 3.2 Orders can be placed, executed and (if allowed) changed or removed within the Trading Hours for each CFD appearing on the Company’s Website, as amended from the Company from time to time. Pending Orders, not executed, shall remain effective through the next trading session (as applicable). Market Orders not executed because there is not enough volume to fill them, will not remain effective and will be cancelled. All open spot positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open spot position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position. 3.3 Orders shall be valid in accordance with the type and time of the given Order, as specified by the Client. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders if the Client Account Equity reaches zero.
Appears in 6 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Types of CFD Orders. 2.1 2.1. The following CFD Orders may be given by the Client:
(a) Buy
(b) Sell
(c) Sell Limit, Sell Stop
(d) Buy Limit, Buy Stop
(e) Take Profit, Stop Loss
(f) Set Expiry date
(g) Trailing stop (h) Any other Orders available on the Platform.
3.1. 3. Placing, Cancelling or Removing Orders and Execution of Client Orders
3.1 It is understood that additional terms, conditions, requirements, functionalities and limitations may apply for CFD trading which are available on each Platform the Client agrees that he is bound by them, and the Company has the right to change these without any prior notice to the Client; therefore, therefore the Client agrees to check for such changes before placing a new CFD Order. In addition, addition CFD Orders are placed and executed in accordance to the Contract Specifications, the Financing Charges, the Rollover Policy and the Trading Hours, available on the Website, and the Company has the right to change these without any prior notice to the Client; therefore the Client agrees to check for such changes on the Company’s Website before placing a new CFD Order.
3.2 3.2. Orders can be placed, executed and (if allowed) changed or removed within the Trading Hours for each CFD appearing on the Company’s Website, as amended from the Company from time to time. Pending Orders, not executed, shall remain effective through the next trading session (as applicable). Market Orders not executed because there is not enough volume to fill them, will not remain effective and will be cancelled. All open spot positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open spot position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position.
3.3 3.3. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Client. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders if the Client Account Equity reaches zero.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Types of CFD Orders. 2.1 2.1. The following CFD Orders may be given by the Client:
(a) Buy
(b) Sell
(c) Sell Limit, Sell Stop
(d) Buy Limit, Buy Stop
(e) Take Profit, Stop Loss
(f) Set Expiry date
(g) Any other Orders available on the Platform.
3.1. 3. Placing, Cancelling or Removing Orders and Execution of Client Orders
3.1 It is understood that additional terms, conditions, requirements, functionalities and limitations may apply for CFD trading which are available on each Platform the Client agrees that he is bound by them, and the Company has the right to change these without any prior notice to the Client; therefore, the Client agrees to check for such changes before placing a new CFD Order. In addition, CFD Orders are placed and executed in accordance to the Contract Specifications, the Financing Chargesfinancing charges, the Rollover Policy and the Trading Hourstrading hours, available on the Website, and the Company has the right to change these without any prior notice to the Client; therefore therefore, the Client agrees to check for such changes on the Company’s Website before placing a new CFD Order. The Client also agrees to pay applicable Management Fee for trading in Physical Shares.
3.2 3.2. Orders can be placed, executed and (if allowed) changed or removed within the Trading Hours trading hours for each CFD appearing on the Company’s Website, as amended from the Company from time to time. Pending Orders, not executed, shall remain effective through the next trading session (as applicable). Market Orders not executed because there is not enough volume to fill them, will not remain effective and will be cancelled. All open spot positions will be rolled over to the next business day Business Day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open spot position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position.
3.3 3.3. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Client. If the time of validity of the order Order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders Orders if the Client Account Equity reaches zero.
3.4. Orders cannot be changed or removed after placed in the market. Stop Loss and Take Profit Orders may be changed even if the trade was placed in the market as long as they are higher in distance than a specific level (depending on the trading symbol).
3.5. The Client may change the expiration date of pending Orders or delete or modify a pending Order before it is executed.
3.6. The Company shall receive and transmit for execution all Orders given by the Client strictly in accordance with their terms. The Company will have no responsibility for checking the accuracy of any Order.
3.7. Orders are executed as follows:
(a) Take Profit (T/P) Orders are executed at stated prices.
(b) Stop Loss (S/L) Orders are executed at stated prices, depending on the market opening prices.
(c) Stop Loss (S/L) Orders set for lock positions are executed at first market prices-at first price the Company obtains.
(d) Buy Stop and Sell Stop Orders for position opening are executed at first market prices- opening at the price the Company obtains.
3.8. During the course of this Agreement in relation to all individual CFD trading the Company will receive the Client Orders and transmit them for execution to a third party which will be the execution venue and counterparty in the CFD. A list of the Company’s execution venues is available on the Website. The Company will not be the counterparty in a CFD.
3.9. The Company is under no obligation, unless otherwise agreed in the Agreement, to monitor or advise the Client on the status of any Transaction or to close out any Client’s Open Positions. When the Company decides to do so, this will be done on a discretionary basis and will not be considered an undertaking of an obligation to continue.
3.10. It is the Client’s responsibility to be aware of his positions at all times.
Appears in 1 contract
Samples: Client Agreement
Types of CFD Orders. 2.1 2.1. The following CFD Orders may be given by the Client:
(a) Buy
(b) Sell
(c) Sell Limit, Sell Stop
(d) Buy Limit, Buy Stop
(e) Take Profit, Stop Loss
(f) Set Expiry date
(g) Any other Orders available on the Platform. 3. Placing, Cancelling or Removing Orders and Execution of Client Orders
3.1 3.1. It is understood that additional terms, conditions, requirements, functionalities and limitations may apply for CFD trading which are available on each Platform the Client agrees that he is bound by them, and the Company has the right to change these without any prior notice to the Client; therefore, therefore the Client agrees to check for such changes before placing a new CFD Order. In addition, addition CFD Orders are placed and executed in accordance to the Contract Specifications, the Financing Charges, the Rollover Policy and the Trading Hours, available on the Website, and the Company has the right to change these without any prior notice to the Client; therefore the Client agrees to check for such changes on the Company’s 's Website before placing a new CFD Order.
3.2 3.2. Orders can be placed, executed and (if allowed) changed or removed within the Trading Hours for each CFD appearing on the Company’s 's Website, as amended from the Company from time to time. Pending Orders, not executed, shall remain effective through the next trading session (as applicable). Market Orders not executed because there is not enough volume to fill them, will not remain effective and will be cancelled. All open spot positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s 's rights to close the open spot position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s 's rights to close the open forward position.
3.3 3.3. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Client. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders if the Client Account Equity reaches zero.
3.4. Orders cannot be changed or removed after placed in the market. Stop Loss and Take Profit Orders may be changed even if the trade was placed in the market as long as they are higher in distance than a specific level (depending on the trading symbol).
3.5. The Client may change the expiration date of pending Orders or delete or modify a Pending Order before it is executed.
3.6. The Company shall receive and transmit for execution all Orders given by the Client strictly in accordance with their terms. The Company will have no responsibility for checking the accuracy of any Order.
3.7. Orders are executed as follows:
(a) Take Profit (T/P) Orders are executed at stated prices.
(b) Stop Loss (S/L) Orders are executed at stated prices, depending on the market opening prices.
(c) Stop Loss (S/L) Orders set for lock positions are executed at first market prices-at first price the Company obtains.
(d) Buy Stop and Sell Stop Orders for position opening are executed at first market prices- opening at the price the Company obtains.
3.8. During the course of this Agreement in relation to all individual CFD trading the Company will receive the Client Orders and transmit them for execution to a third party which will be the execution venue and counterparty in the CFD. A list of the Company's execution venues is available on the Website. The Company will not be the counterparty in a CFD.
3.9. The Company is under no obligation, unless otherwise agreed in the Agreement, to monitor or advise the Client on the status of any Transaction or to close out any Client's Open Positions. When the Company decides to do so, this will be done on a discretionary basis and will not be considered an undertaking of an obligation to continue.
3.10. It is the Client's responsibility to be aware of his positions at all times.
Appears in 1 contract
Samples: Terms and Conditions