Guaranteed Stop Order definition

Guaranteed Stop Order means a type of Stop Loss Order which guarantees the closure of an open Transaction at a pre-determined level. It is not subject to any Slippage (as a result of Gapping in a market and may only be offered on a limited number of markets, and in limited Transaction Sizes. A Guaranteed Stop Order may only be placed or amended at certain times of day, attracts a premium charge and is placed further away from your entry level than an ordinary Stop Loss Order.
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Guaranteed Stop Order means an Order which is attached to a Trade at the time of opening or closing a Trade, which will automatically be executed by Spread Co when the price specified therein is reached;
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Guaranteed Stop Order means an Order which is attached to a Trade at the time of opening or closing a Trade, which will automatically be executed by Spread Co when the price specified therein is reached in the manner set out in clause 3.10 of this Agreement;
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Examples of Guaranteed Stop Order in a sentence

  • An Open Position can be closed in accordance with the Client Agreements prior to reaching the Guaranteed Stop Order price level.

  • The adjusted spread is displayed in the Underlying Asset details tab for each eligible Underlying Asset at the time the Guaranteed Stop Order is placed.

  • As the Company guarantees the close out price, the spread is adjusted for the additional charge when placing the Guaranteed Stop Order.

  • The Company may, in its sole discretion, accept the Client’s offer to place a Guaranteed Stop Order at an exact price determined by the Client.

  • We may require you to pay an additional premium in order to amend the level of a Guaranteed Stop Order.

  • We may change the Guaranteed Stop Order premiums at any time without notice, including in cases of volatile market conditions and/or illiquidity regardless of whether this change is or is not reflected in the Market Information.

  • Premiums will be recharged every time an open Transaction is rolled over into a future contract if you so instruct us to place a Guaranteed Stop Order on the new Transaction.

  • When rolling over a Transaction with a Guaranteed Stop Order attached to the next available contract period it is your sole responsibility to ensure that the new Transaction has a Guaranteed Stop Order attached if you so require.

  • A Guaranteed Stop Order will not be attached to the new Transaction unless you specifically request it.

  • In the event that any Order with an associated Guaranteed Stop Order is Slipped, the Stop Level of the associated Guaranteed Stop Order may be different to the Stop Level specified in the Confirmation, but equate to the same risk.

Related to Guaranteed Stop Order

  • Guaranteed Securities has the meaning specified in Section 14.1.

  • Guaranteed Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of Indebtedness below guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement, made primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss,

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.