Client Orders Clause Samples
Client Orders. Availability of orders
a. if you do not have the required funds deposited in the client trading account; and
b. in the case of any communication or technical failure as well as any incorrect reflection on the quotes feed (i.e. prices to freeze/stop updating or price spikes), we reserve the right not to execute an order or, where the order was executed, to change the Opening and/or Closing Price of a particular order or to cancel the said executed order.
a. Slippage is the difference between a requested price of a trade or pending order and the price at which the order was executed or filled. A gap in the markets is a break between prices on a chart that occurs when the price of a product makes a sharp move up or down with no trading occurring in between or when the Underlying Market closes at different rate to when it opens again.
b. There are two common types of slippage:
i. when a market gaps, either over the weekend or after a news event (like payroll figures or interest rate decisions); and
ii. when a price is clicked on and has substantially changed in the time it took to get back to the executing bank or broker.
c. For the benefit of our clients, we treat both slippage scenarios in the same way that they would be treated in the exchange-traded share or futures markets in that we slip our clients to a better price if the interbank market from which we obtain prices has moved in the client’s favour, and similarly a worse price if the market has moved against them. The price differences reflect the slippage that we get from the aggregated price obtained from our hedging counterparties. You will remain liable for any losses in your Account which may be realised as the result of the filling of an order, regardless of the trading resources available on your Account at the time the order was filled.
Client Orders. Reception and Transmission of Orders, for the performance of transactions in relation to one or more Financial Instruments
5.1 Prochoice shall transmit the Client’s Orders for the execution of transactions in good faith, but, shall not bear any responsibility for any omission, wilful neglect or fraud of any third party to which Prochoice transmits the Client’s orders for execution.
5.2 The Execution of the Client’s Orders shall depend on the fulfilment of any additional prerequisites the Stockbroker and/or the Market in which the relevant Financial Instrument is traded may have.
5.3 In case Prochoice is not the Stockbroker that will execute the transactions, it shall bear no responsibility for the submission of the necessary data to the Market or for the untimely transfer or obtaining of the Financial Instrument to or from the Client.
5.4 The execution and clearing of transactions shall be done in accordance with the effective rules of the relevant Market where the Financial Instruments, objects of transactions, are listed.
5.5 In case the services of a custodian are used, the Client is obliged to communicate to Prochoice the details of its custodian and Prochoice shall communicate the details to the Stockbroker who will execute the Client’s Order.
5.6 In case the Financial Instruments will not be registered in the Client’s name, the Client authorises ▇▇▇▇▇▇▇▇▇ to open a clients’ account(s) in Prochoice’s name, with Stockbrokers that will be executing the orders on behalf of the Client for the performance of transactions.
5.7 In case Prochoice and the Stockbrokers that shall execute the order suffer any damage or loss due to either wrong transmission of data or untimely settlement of the transactions, due to the Client’s fault, the Client shall keep Prochoice and these Stockbrokers indemnified for the damages or losses they have suffered from.
5.8 Every order of the Client to Prochoice should be precise and clearly describe its objective. Any orders for amendments, confirmations or repetitions should be expressly specified as such. Prochoice reserves the right (but not the obligation), for the purpose of protecting the transactions of the Client, to request the Client, whenever it deems appropriate, at the Client’s own expense, and prior to orders’ transmission for execution, the confirmation of the orders in a durable medium. Prochoice reserves the right to establish the content of such order, as it should be completed and submitted by the Client t o Proc...
Client Orders. 10.1. The Company shall execute Securities sale and purchase transactions in the name and for the account of the Client in accordance with Article 256 of the Executive Regulations of the Capital Market Law no. 95/1992.
10.2. The Company shall receive orders from the Client (or his/her representative acting on his/her behalf by a notarized power of attorney or any official document)by any of the following means Written, Telephone, Fax, , SMS, Bloomberg or Online Trading Website (provided that the Client executes the relevant Annex including the terms and conditions of internet trading). In addition, the Company may also receive the Client’s orders over the phone (in accordance with the approval of the FRA to the system of Client Call Recording for receiving orders of the Clients on the 13 August 2011, pursuant to the provisions of Article 263 of the Executive Regulations in connection with receiving orders on the phone) and orders shall be received in the order book accredited by the FRA. Recording shall be made on the telephone recording system and the orders registration book at the Company (pursuant to the forms and guarantees that the FRA ratifies for receiving orders on the phone).
10.3. The instructions and orders communicated to the Company either by the Client or by his/her representative may be amended or revoked, unless such instructions/orders or part thereof have been executed.
10.4. The Company shall execute the orders given by the Client or his/her representative according to their instructions and the Client declares that he/she is fully responsible for the orders communicated by him/her or by his/her representative without any liability on the Company.
10.5. The Client shall comply with the order once it was issued from him/her or his/her representative until the order validity period expires or the Company is told to cancel it before execution.
10.6. The Client shall comply with settling the value of purchase transactions as well as the sale and purchase commissions plus the other services and expenses pursuant to the commissions and fees terms and conditions which are considered an integral part of this Agreement. the Company shall deduct such expenses from the Client’s account without referring to him/her.
10.7. The Company shall notify the Client by any of the acknowledged methods of communication of the position of execution for his/her sale or purchase order within 24 hours from the date of executing the order.
10.8. The Company shall ...
Client Orders. 9.1 The Company shall execute Securities’ sale and purchase transactions in the name and for the account of the Client in accordance with Article 256 of the Executive Regulations of the Capital Market Law.
9.2 The Company shall receive Instructions from the Authorized Person on behalf of the Client by any of the following means: in writing,, through fax, , or through the Online Trading Website (provided that the Client executes the relevant Annex including the terms and conditions of internet trading), or through Bloomberg or other electronic means. In addition, the Company may also receive the Client’s orders over the phone (in accordance with the approval of the EFSA to the system of Client Call Recording for receiving orders of the clients dated the 13 August 2001, pursuant to the provisions of Article 263 of the Executive Regulations of the Capital Market Law in connection with receiving orders over the phone) and orders shall be received in the order book accredited by the EFSA. Recording shall be made on the telephone recording system and the orders registration book at the Company (pursuant to the forms and guarantees that the EFSA ratifies for receiving orders on the phone).
9.3 The Client shall comply with the order once it was issued from the Authorized Person on behalf of the Client until the order validity period expires or the Company is told to cancel it before execution.
9.4 The Client shall comply with settling the value of purchase transactions as well as the sale and purchase commissions plus the other services and expenses pursuant to the commissions and fees terms and conditions which are considered an integral part of this Agreement. The Company shall deduct such expenses from the Client’s account without referring to it.
9.5 The Company is entitled to deduct any amounts that have been added to the Client’s account by error without having to recourse to the Client.
Client Orders. Client shall provide Experian with such information as necessary to provide the Services, which shall include at Experian’s request job specifications or criteria reasonably necessary to perform the Services (“Client Order”). The terms of this Agreement shall be superior to, and supersede, any conflicting or inconsistent terms contained in any Client Order or other Client provided documents. If Client changes or cancels a Client Order, or any portion thereof, after Experian has commenced work, Client agrees to pay Experian for its costs incurred for such work in process. If the Services are substantially completed at the time of such change or cancellation, Client agrees to pay Experian the full price for such Services.
Client Orders. Client may accept a NTT offer to sell the third party manufactured goods or software licenses resold by NTT (“Products”), maintenance services provided by a third-party and resold by NTT (“Third-Party Maintenance”) and/or the Services (defined in section 28) as identified in a NTT Quote (“Quote”) or Statement of Work (defined in section 30) by issuing a purchase order (each purchase order in response to a Quote or a Statement of Work (“SOW”) constitutes a “Client Order”). NTT’s offer to sell the items as set forth in the Quote or SOW and its obligation to perform are expressly conditional upon Client’s acceptance of these terms and conditions without additional or different terms. Client shall be deemed to unconditionally accept these terms and conditions by issuing a purchase order in response to the Quote or SOW. Any terms and conditions or other provisions contained, referred to, specified or preprinted on any Client purchase order or other document in any media are hereby rejected and superseded by the terms and conditions of this Agreement unless specifically agreed to in writing by NTT. Charlotte, North Carolina, is the fulfillment location for any Client Order.