Common use of Close by Opposite Positions Clause in Contracts

Close by Opposite Positions. you can choose to close a Position by an opposite Position but not offsetting the two Positions. You can execute an opposite Position and both long and short Positions will appear in your trade account. You can choose to offset the Positions at a later time when you prefer. We may exercise any of our rights under this Agreement to close a FX Contract at any time before the Position closes automatically under clause 6.2 of this Agreement.

Appears in 4 contracts

Samples: Retail Client Agreement, Retail Client Agreement, Retail Client Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.