Automatic Orders Sample Clauses
Automatic Orders. 2.1. The Platform provides the Client with the ability to use the Automatic Orders. The Client agrees and understands that when activating the Automatic Orders, Orders will be placed automatically for the Client every time a data from the particular Signal Provider is generated. So, as soon as the Signal Provider places an Order for himself the Platform will automatically send a signal to the Client Account of the Client to copy/imitate the Order of the Signal Provider.
2.2. It is agreed and understood that the Automatic Orders do not require the Client’s approval or confirmation or consent or his interference in the characteristics of an Order each time an Order is placed. For these purposes, the Client hereby grants to the Company authority to automatically execute all such Orders on a discretionary basis without preliminary consultations with or approvals or consent from the Client each time, by automatically copying the same Order of the particular Signal Provider chosen by the Client.
Automatic Orders. 2.1. The Platform provides the Client with the ability to use the Automatic Orders. The Client agrees and understands that when activating the Automatic Orders, Orders will be placed automatically for the Client every time a data from the particular Signal Provider is generated. So, as soon as the Signal Provider places an Order for himself the Platform will automatically send a signal to the Client Account of the Client to copy/imitate the Order of the Signal Provider.
2.2. It is agreed and understood that the Automatic Orders do not require the Client’s approval or confirmation or consent or his interference in the characteristics of an Order each time an Order is placed. For these purposes, the Client hereby grants to the Company authority to automatically execute all such Orders on a discretionary basis without preliminary consultations with or approvals or consent from the Client each time, by automatically copying the same Order of the particular Signal Provider chosen by the Client.
2.3. The Client has the right to deactivate the Automatic Orders for a particular Order or disconnect from the Signal Provider. From that moment, the Client will take his own decisions regarding his Orders, opening or closing or modifying his positions and the Company will execute such Client Orders according to the particular instructions of the Client. However, the Client acknowledges and accepts that his intervention may frustrate the trading strategy of the Signal Provider and cause losses to the Client. In addition, if the Client modifies or cancels the Orders of the Signal Provider in the Automatic Orders mode, the Client will achieve a materially different result than the Signal Provider’s Orders and the Client’s Order will not be automatically closed or changed when the original automatic position is changed or closed by the Signal Provider and the Client may suffer loss as a result. When deactivating Automatic Orders or amending Orders of the Signal Provider, the Company is considered to be offering to the Client the Investment Service of Reception and Transmission and Execution of Client Orders.
Automatic Orders. 3.1. The Company will present on the Platform and/or its Website a list of active Signal Providers, their nicknames and their trading history for the Client to choose should the Client decide to engage into Social Trading. Signal Providers are also clients and not employers of the Company.
3.2. The Platform provides the Client with the ability to use the Automatic Orders and engage into Social Trading. The Client agrees and understands that when activating the Automatic Orders, Orders will be placed automatically for the Client every time a data from the particular Signal Provider is generated. So, as soon as the Signal Provider places an Order for himself the Platform will automatically send a signal to the Client Account of the Client to copy/imitate or take the opposite position of the Order of the Signal Provider.
3.3. It is agreed and understood that the Automatic Orders do not require the Client’s approval or confirmation or consent or his interference in the characteristics of an Order each time an Order is placed. For these purposes, the Client hereby grants to the Company authority to automatically execute all such Orders on a discretionary basis without preliminary consultations with or approvals or consent from the Client each time, by automatically copying the same or taking the opposite Order of the particular Signal Provider chosen by the Client.
3.4. The Client has the right to deactivate the Automatic Orders for a particular Order or disconnect from the Signal Provider. From that moment, the Client will take his own decisions regarding his Orders, opening or closing or modifying his positions and the Company will execute such Client Orders according to the particular instructions of the Client. However, the Client acknowledges and accepts that his intervention may frustrate the trading strategy of the Signal Provider and cause losses to the Client. In addition, if the Client modifies or cancels the Orders of the Signal Provider in the Automatic Orders mode, the Client will achieve a materially different result than the Signal Provider’s Orders and the Client’s Order will not be automatically closed or changed when the original automatic position is changed or closed by the Signal Provider and the Client may suffer loss as a result.