Volatility. Whether you make a profit or a loss will depend on the prices we set and fluctuations in the price of the underlying to which your CFD trade relates. Neither you nor we will have any control over price movements in the underlying. Price movements in the underlying can be volatile and unpredictable. A feature of volatile markets is “Gapping”, the situation where there is a significant change to Our Price (as defined in Schedule B) between consecutive quotes. Gapping may occur in fast and falling markets or if price sensitive information is released prior to Market opening. The price at which we execute your CFD Orders may be adversely affected if Gapping occurs in the relevant market. Guaranteed Stop Loss Orders (as defined in Schedule B) will always be executed at your specified Order price, but all other types of Orders will be executed when Our Price meets or exceeds your specified Order price. If Gapping occurs, the price at which your Order is executed may significantly exceed your specified Order price.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
