Client Instructions and Orders Clause Samples
The 'Client Instructions and Orders' clause defines the process by which a client communicates directives or requests to a service provider. It typically outlines the acceptable methods for submitting instructions, such as in writing or through designated communication channels, and may specify requirements for clarity or confirmation of receipt. This clause ensures that both parties have a clear understanding of how instructions are to be given and followed, reducing the risk of misunderstandings and disputes regarding the execution of client orders.
Client Instructions and Orders. 9.1. The Client shall provide instructions to the Company through the trading platform or other electronic means determined in the Client Agreement. Also, the Client accepts that the Company has the right to partially carry out his/her instructions.
9.2. The Client acknowledges that the Company enters into transactions with the Client as the principal counterparty and not as an agent despite the fact that the Company may transmit orders to liquidity providers/brokers for execution.
9.3. The Client shall be able to take new positions or close existing positions through the trading platform of the Company and place orders on any type of financial instrument.
9.4. The Client shall be able to instruct the Company for either an instantly executed order and/or a pending order. A pending order instruction may be one the following (for further information in regard to the execution of the below mentioned orders please read the “Order Execution and Best Interest Policy”):
(a) Buy Limit: Shall be an order to buy any type of financial instrument at a specified price which is lower than the current market price.
Client Instructions and Orders. 9.1. You will give instructions to the Company through the Trading Platform or other electronic means as determined in this Client Agreement. You agree that any instruction you give us may only be partially carried out.
9.2. You acknowledge that the Company will act as principal and Market Maker for the purpose of dealing in CFDs in accordance with the terms of this Client Agreement.
9.3. You may open new Positions or close existing Open Positions on the Trading Platform and place Orders on any type of CFD the Company offers.
9.4. You may instruct the Company and place an Order for market execution or as a pending Order. A pending Order instruction may be one of the following:
Client Instructions and Orders. 8.1. The Client understands and acknowledges that all orders executed between the Client and the Company are orders executed outside a Regulated Market or MTF.
8.2. The Client understands and acknowledges that the Company will enter into Transactions with the Client as principal (counterparty) and not as an agent; even though the Company may transmit the Client’s order to the Liquidity Provider(s) for execution. The Company will still be the contractually counterparty to the Client.
8.3. The Client can open and close a position via its Company’s Trading Platform and add or modify orders by placing
8.4. The Client’s orders are executed at the Bid and Ask prices that are offered by the Company, derived by its Liquidity Provider(s). The Client places His market request at the prices He sees on the Trading Platform and the execution process is initiated. Due to the high volatility of the market as well as the internet connectivity between the Trading Platform and the server, the prices requested by the Client and the current market price may change, during this process.
8.5. The Client has the right to use a “Power Of Attorney” to authorise a third person (representative) to act on behalf of the Client in all business relationships with the Company as defined in this Agreement. A ‘Power Of Attorney’ Form can be requested from the Company. The Power Of Attorney should be provided to the Company accompanied by all identification documents of the representative. If there is no expiry date, the Power Of Attorney will be considered valid until the written termination by the Client.
8.6. The Company shall record telephone conversations, without any prior warning (unless required to do so by “Applicable Regulations”). Such records will be the Company’s property and will be accepted by the Client as evidence of any discussions with the company. The Company may use recordings and/or transcripts thereof for any purpose which it deems desirable.
8.7. The Client acknowledges that the Company has the right to refuse accepting orders, such as, but not limited to opening a position, closing a position, modifying or removing orders.
8.8. If any underlying asset of the Financial Instrument becomes subject to possible adjustments as a result of any of the events set out in Clause 8.9 (referred to as "Corporate Event"), the Company will determine the appropriate adjustment, if any, to be made to the opening/closing price, size, value and/or quantity overnight “Swap” Rates/Fees o...
Client Instructions and Orders. 9.1. The Client shall provide instructions to the Company through the trading platform or other electronic means determi ▇▇▇ in the Client Agreement. Also, the Client accepts that the Company has the right to partially carry out his/her instructions.
9.2. The Client acknowledges that the Company enters into transactions with the Client as the principal counterparty and not as an agent despite the fact that the Company may transmit orders to liquidity providers/brokers for execution.
9.3. The Client shall be able to take new positions or close existing positions through the trading platform of the Company and pl ace orders on any type of financial instrument.
9.4. The Client shall be able to instruct the Company for either an instantly executed order and/or a pending order. A pending ord er instruction may be one of the following (for further information in regard to the execution of the below mentioned orders, pleas H U H D G W K H Q W H U H V W 3 R O L F \
(a) Buy Limit: Shall be an order to buy any type of financial instrument at a specified price which is lower than the current mar ket price;
(b) Sell Limit: Shall be an order to sell any type of financial inst rument at a specified price which is higher than the current market price;
(c) Buy Stop: Shall be an order to buy any type of financial instrument where the price of the order is set above the current mar ket price;
(d) Sell Stop: Shall be an order to sell any type of financial instrument where the price of the order is set lower than the current market price.