Take Profit Order definition

Take Profit Order means an instruction that is attached to an instant execution or pending order for securing profit.

Take Profit Order means a Limit Order to close an open Trade, generally used in order to lock in your profit, which Limit Order is executed only if the Exchange Rate reaches or crosses a specified level, as the case may be.

Take Profit Order means an instruction by the Client to QuickTrade via the Trading Platform to automatically close-out a Trade and credit the realised profits to your Account when the price quoted by QuickTrade in respect of the underlying reference asset increases to a predetermined price level specified in the Take-Profit Order;

Examples of Take Profit Order in a sentence

• We may, in our sole discretion, allow you to specify a closing price for a Transaction through a Stop Loss and Take Profit Order, subject always to the terms of the Client Agreements and any other terms and conditions we may implement from time to time.

• Take Profit Order is intended for gaining the profit when the CFD price has reached a certain level.

• If notice of redemption has been duly given as aforesaid and money for the payment of the above-described redemption price is held by the Trustee, then this Bond shall, on the redemption date designated in such notice, become due and payable at the above-described redemption price; and from and after the date so designated, interest on this Bond shall cease to accrue and the registered owner of this Bond shall have no rights with respect hereto except to receive payment of the redemption price hereof.

• You may set a Take Profit Order at the following times: (1) when you place a Trade; or (2) when you place a Pending Order which then acts as a contingent take profit instruction to close the Open Position once the Pending Order has been executed; Take Profit Orders are subject to Gapping.

• A Take Profit Order will remain active until it is executed or removed, or the open position is closed.

• If a Take Profit Order is partially executed because there is insufficient liquidity at the price you specify, the remaining part of your order will be active until your price level is reached again and more liquidity is available.

• Take Profit Take Profit Order is intended for gaining the profit when the CFD’s price has reached a certain level.

• This means your Take Profit Order will continue to be active until such time as you remove the attached Order or close the open trade.

• Take Profit Order is intended for realising the profit when the financial instrument (i.e. CFDs) price has reached a certain level.

• A Take Profit Order is generally placed to provide some profit protection, for example in the event of your Transaction moving into profit, and can be used to close a transaction.

More Definitions of Take Profit Order

Take Profit Order means any pending order that is attached to an open position or another pending order for closing the position, usually with a profit;

Take Profit Order means the order for the closing out of a position if the position reaches the profit level preliminarily indicated upon submitting the order.

Take Profit Order means an instruction that is attached to an instant execution orpending order for securing profit.

Take Profit Order means an Order that specifies the exact exchange rate at which Compass will Close Out an open position for a profit. Trade Confirmation means a document issued by Compass confirming the details of the Financial Product entered into between the Client and Compass. Trade Contract Terms means the exchange rate and timing of payment at which Compass is offering to the Client a Financial Product as set out in the Trade Confirmation and in other communications between you and Compass. Trade Date means the date on which a Financial Product is entered into between the buyer and seller. Trigger Rate means a Knock-In Rate or a Knock-Out Rate (as applicable). Value Date means either the Day selected by the Client and agreed by Compass for the settlement of an Order or if there is no such Day, then for a Spot Contract the third Day after the execution of an Order by the Client and includes any variation to the original date (being either an earlier or a later date) agreed with the Client or otherwise permitted under this Agreement. Value Today (XXX) means an Order conferring the obligation to buy or to sell a specified amount of a currency at a specified exchange rate on the same day the Order is entered to. Value Tomorrow (XXX) means an Order conferring the obligation to buy or to sell a specified amount of a currency at a specified exchange rate on the next working day after the Order is entered into. Website means our Website located at xxx.xxxxxx.xxx. Window means an agreed period of time during the Term of an Option Contract during which a Trigger Rate is effective. Typical Windows include, but are not limited to, “last month” (where the Trigger Rate is only effective in the last month of an Option Contract), “last week” (where the Trigger Rate is only effective in the last week of an Option Contract), “last day” (where the Trigger Rate is only effective on the last day of an Option Contract and “at Expiry” (where the Trigger Rate is only effective at the Expiration Time on the Expiration Date.

Take Profit Order means an instruction thatis attached to an instant execution or pending order for securing profit.