DMA Service definition
Examples of DMA Service in a sentence
Openmarkets may at any time through the DMA Service impose, and from time to time vary, DMA Trading Limits.
You acknowledge that if Openmarkets provides the DMA Service to you, the terms in Schedule 3 will apply.
The Client may terminate its participation in the DMA Service by request in writing to Openmarkets.
Openmarkets may terminate the Intermediary’s participation in the DMA Service at any time without notice to you.
Openmarkets may terminate the Client’s participation in the DMA Service at any time by notice in writing.
You acknowledge that all intellectual property rights in the DMA Service and the DMA System and the components thereof are owned by Openmarkets, or are procured by Openmarkets for the use of the Client and nothing in this agreement confers any right of ownership, transfer of ownership to, or other right to the intellectual property in the Client.
The Client acknowledges that if the Intermediary’s participation in the DMA Service is terminated, the Client’s participation will also be terminated.
Openmarkets will not be liable for any loss or damage to the Client by reason of any delay in processing any Order submitted through the DMA Service.
The Client acknowledges that all Orders submitted by it through the DMA Service are, subject to any Filters, entered on a Trading Platform in the sequence in which they are received, and otherwise as expeditiously as practicable, and this may result in Openmarkets’ principal orders being satisfied ahead of an Order.
The Client must not authorise, allow or permit any person other than an Authorised Person to access or use the DMA Service using the Security Information.