Examples of CFD Transaction in a sentence
You acknowledge and agree that FOREX.com Canada will have the right to close any CFD Transaction in its sole and absolute discretion without notice if the Reference Asset is a derivative financial instrument or commodity, as offered for trading by FOREX.com Canada as a CFD Contract, which may settle on expiry by a delivery other than in cash, a reasonable period prior to the expiry date as determined in the sole and absolute discretion of FOREX.com Canada.
During the term of a CFD Transaction whose market is suspended, the Company shall have the right to terminate the CFD Transaction at its discretion, and to amend or vary the requirements.
The closing price for each such CFD Transaction will be such price as notified by us to you.
If such a suspension continues for five or more Business Days, we have the right to terminate each related CFD Transaction in our sole and absolute discretion at a closing price determined by us.
A Trade is an instruction by you to either Buy or Sell a CFD Transaction at the current Quote.
Stop Loss OrderA Stop Loss Order is an instruction by you to: • Buy a CFD Transaction to close a short Open Position at a price which is higher than the current Quote; or • Sell a CFD Transaction to close a long Open Position at a price which is lower than the current Quote.
It is the Client’s responsibility to ensure that an Order actually closes or opens a CFD Transaction.
The closing price for such CFD Transaction will be such price as is notified by us to you.
If an Underlying instrument to which a CFD Transaction relates is suspended or has halted trading for whatever reason, we suspend trading in the CFD and we may increase the amount of Margin required to support that Open Position at our reasonable discretion.
If you choose this option, subject to having sufficient Trading Resources in your Account, the Open Position in the expiring CFD Product is closed at the mid-market price (i.e. with a 50% concession on Spread) and a new CFD Transaction is opened at the current Bid or Ask of the CFD Product for the next Contract Period, accounting for market premiums or discounts, for the same size as the original Open Position.