Common use of Closing a CFD Contract Clause in Contracts

Closing a CFD Contract. You agree and acknowledge to us that: a. At any time, you may give Blueberry Markets an instruction (by telephone or on the Trading Platform) of your intention to close a Position (whether in whole or in part) by specifying the Position and the proportion of the Position that you wish to close; b. Upon receipt of a Closing Notice, Blueberry Markets will use reasonable endeavors to provide a quote for the Closing Price and notify you of that quote. It is your obligation to notify Blueberry Markets as soon as possible as to whether you are willing to accept the Closing Price. The Closing Price is not guaranteed as it is subject to market conditions and is therefore subject to change at short notice. Should you accept the Closing Price, the Position, or relevant portion of the Position, will be closed on the Closing Date at the Closing Price; c. If we cannot determine a price because trading in the Underlying Market is limited, suspended, and/or a price cannot be determined by our Liquidity provider(s), then the Closing Price may, at its discretion, be determined by Blueberry Markets who may have regard to any factors it considers appropriate including, for example, the last traded price of the Underlying Market; d. Without limiting Blueberry Markets discretion, if any Position ceases to be quoted on a Relevant Exchange, or is suspended from quotation, or subject to a trading halt for 5 or more consecutive Business Days or is removed from the Trading Platform, Blueberry Markets may, in its sole discretion, elect to terminate the relevant Position by providing you with at least ten (10) Business Days’ notice to you; e. It may not be possible to close out a Position if there is a suspension of trading, or a trading halt, in respect of the Underlying Market. In such a circumstance, Blueberry Markets may decide, in its sole discretion, not to close a Position; f. Blueberry Markets will close a Position(s) if your Equity only covers 50% of the Total Margin Requirement for your open Positions. Your worst offending Position (i.e. the contract with the largest loss) will be automatically closed at the first price available and as determined by the CFD price, liquidity, and other factors that may impact on execution times; g. Without limiting the above, if at any time trading on a Relevant Exchange is suspended or halted in any Underlying Market, Blueberry Markets will, in determining the closing value of a Position and, at its discretion, have regard to the last traded price before the time of suspension or halt; and h. All determinations and calculations made by Blueberry Markets pursuant to this Client Agreement will be binding on you in the absence of Manifest Error.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Closing a CFD Contract. You agree and acknowledge to us that: a. a) At any time, you may give Blueberry Markets Place a Trade an instruction (by telephone or on the Trading Platform) of your intention to close a Position (whether in whole or in part) by specifying the Position and the proportion of the Position that you wish to close; b. b) Upon receipt of a Closing Notice, Blueberry Markets Place a Trade will use reasonable endeavors to provide a quote for the Closing Price and notify you of that quote. It is your obligation to notify Blueberry Markets Place a Trade as soon as possible as to whether you are willing to accept the Closing Price. The Closing Price is not guaranteed as it is subject to market conditions and is therefore subject to change at short notice. Should you accept the Closing Price, the Position, or relevant portion of the Position, will be closed on the Closing Date at the Closing Price; c. c) If we cannot determine a price because trading in the Underlying Market is limited, suspended, and/or a price cannot be determined by our Liquidity provider(s), then the Closing Price may, at its discretion, be determined by Blueberry Markets Place a Trade who may have regard to any factors it considers appropriate including, for example, the last traded price of the Underlying Market; d. d) Without limiting Blueberry Markets Place a Trade discretion, if any Position ceases to be quoted on a Relevant Exchange, or is suspended from quotation, or subject to a trading halt for 5 or more consecutive Business Days or is removed from the Trading Platform, Blueberry Markets Place a Trade may, in its sole discretion, elect to terminate the relevant Position by providing you with at least ten (10) Business Days' notice to you; e. e) It may not be possible to close out a Position if there is a suspension of trading, or a trading halt, in respect of the Underlying Market. In such a circumstance, Blueberry Markets Place a Trade may decide, in its sole discretion, not to close a Position; f. Blueberry Markets f) Place a Trade will close a Position(s) if your Equity only covers 50% of the Total Margin Requirement for your open Positions. Your worst offending Position (i.e. the contract with the largest loss) will be automatically closed at the first price available and as determined by the CFD price, liquidity, and other factors that may impact on execution times; g. g) Without limiting the above, if at any time trading on a Relevant Exchange is suspended or halted in any Underlying Market, Blueberry Markets Place a Trade will, in determining the closing value of a Position and, at its discretion, have regard to the last traded price before the time of suspension or halt; and h. h) All determinations and calculations made by Blueberry Markets Place a Trade pursuant to this Client Agreement will be binding on you in the absence of Manifest Error.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Closing a CFD Contract. You agree and acknowledge to us that: a. At any time, you may give Blueberry Markets Focus an instruction (by telephone or on the Trading Platform) of your intention to close a Position (whether in whole or in part) by specifying the Position and the proportion of the Position that you wish to close; b. Upon receipt of a Closing Notice, Blueberry Markets Focus will use reasonable endeavors endeavours to provide a quote for the Closing Price and notify you of that quote. It is your obligation to notify Blueberry Markets Focus as soon as possible as to whether you are willing to accept the Closing Price. The Closing Price is not guaranteed as it is subject to market conditions and is therefore subject to change at short notice. Should you accept the Closing Price, the Position, or relevant portion of the Position, will be closed on the Closing Date at the Closing Price; c. If we cannot determine a price because trading in the Underlying Market is limited, suspended, and/or a price cannot be determined by our Liquidity provider(s), then the Closing Price may, at its discretion, be determined by Blueberry Markets Focus who may have regard to any factors it considers appropriate including, for example, the last traded price of the Underlying Market; d. Without limiting Blueberry Markets Focus’ discretion, if any Position ceases to be quoted on a Relevant Exchange, or is suspended from quotation, or subject to a trading halt for 5 or more consecutive Business Days Days, or is removed from the Trading Platform, Blueberry Markets Focus may, in its sole discretion, elect to terminate the relevant Position by providing you with at least ten (10) Business Days' notice to you; e. It may not be possible to close out a Position if there is a suspension of trading, or a trading halt, in respect of the Underlying Market. In such a circumstance, Blueberry Markets Focus may decide, in its sole discretion, not to close a Position; f. Blueberry Markets Focus will close a Position(s) if your Equity only covers 50% of the Total Margin Requirement for your open Positions. Your worst offending Position (i.e. the contract with the largest loss) will be automatically closed at the first price available and as determined by the CFD price, liquidity, and other factors that may impact on execution times; g. Without limiting the above, if at any time trading on a Relevant Exchange is suspended or halted in any Underlying Market, Blueberry Markets Focus will, in determining the closing value of a Position and, and at its discretion, have regard to the last traded price before the time of suspension or halt; and h. All determinations and calculations made by Blueberry Markets Focus pursuant to this Client Agreement will be binding on you in the absence of Manifest Error.

Appears in 1 contract

Sources: Client Agreement

Closing a CFD Contract. You agree and acknowledge to us that: a. (a) At any time, you may give Blueberry Markets an instruction (by telephone or on the Trading Platform) of your intention to close a Position (whether in whole or in part) by specifying the Position and the proportion of the Position that you wish to close; b. (b) Upon receipt of a Closing Notice, Blueberry Markets will use reasonable endeavors to provide a quote for the Closing Price and notify you of that quote. It is your obligation to notify Blueberry Markets as soon as possible as to whether you are willing to accept the Closing Price. The Closing Price is not guaranteed as it is subject to market conditions and is therefore subject to change at short notice. Should you accept the Closing Price, the Position, or relevant portion of the Position, will be closed on the Closing Date at the Closing Price; c. (c) If we cannot determine a price because trading in the Underlying Market is limited, suspended, and/or a price cannot be determined by our Liquidity provider(s), then the Closing Price may, at its discretion, be determined by Blueberry Markets who may have regard to any factors it considers appropriate including, for example, the last traded price of the Underlying Market; d. (d) Without limiting Blueberry Markets discretion, if any Position ceases to be quoted on a Relevant Exchange, or is suspended from quotation, or subject to a trading halt for 5 or more consecutive Business Days or is removed from the Trading Platform, Blueberry Markets may, in its sole discretion, elect to terminate the relevant Position by providing you with at least ten (10) Business Days’ notice to you; e. (e) It may not be possible to close out a Position if there is a suspension of trading, or a trading halt, in respect of the Underlying Market. In such a circumstance, Blueberry Markets may decide, in its sole discretion, not to close a Position; f. (f) Blueberry Markets will close a Position(s) if your Equity only covers 50% of the Total Margin Requirement for your open Positions. Your worst offending Position (i.e. the contract with the largest loss) will be automatically closed at the first price available and as determined by the CFD price, liquidity, and other factors that may impact on execution times; g. (g) Without limiting the above, if at any time trading on a Relevant Exchange is suspended or halted in any Underlying Market, Blueberry Markets will, in determining the closing value of a Position and, at its discretion, have regard to the last traded price before the time of suspension or halt; and h. (h) All determinations and calculations made by Blueberry Markets pursuant to this Client Agreement will be binding on you in the absence of Manifest Error.

Appears in 1 contract

Sources: Client Agreement

Closing a CFD Contract. You agree and acknowledge to us that: a. At any time, you may give Blueberry Markets an instruction (by telephone or on the Trading Platform) of your intention to close a Position (whether in whole or in part) by specifying the Position and the proportion of the Position that you wish to close; b. Upon receipt of a Closing Notice, Blueberry Markets will use reasonable endeavors to provide a quote for the Closing Price and notify you of that quote. It is your obligation to notify Blueberry Markets as soon as possible as to whether you are willing to accept the Closing Price. The Closing Price is not guaranteed as it is subject to market conditions and is therefore subject to change at short notice. Should you accept the Closing Price, the Position, or relevant portion of the Position, will be closed on the Closing Date at the Closing Price; c. If we cannot determine a price because trading in the Underlying Market is limited, suspended, and/or a price cannot be determined by our Liquidity provider(s), then the Closing Price may, at its discretion, be determined by Blueberry Markets who may have regard to any factors it considers appropriate including, for example, the last traded price of the Underlying Market; d. Without limiting Blueberry Markets discretion, if any Position ceases to be quoted on a Relevant Exchange, or is suspended from quotation, or subject to a trading halt for 5 or more consecutive Business Days or is removed from the Trading Platform, Blueberry Markets may, in its sole discretion, elect to terminate the relevant Position by providing you with at least ten (10) Business Days' notice to you; e. It may not be possible to close out a Position if there is a suspension of trading, or a trading halt, in respect of the Underlying Market. In such a circumstance, Blueberry Markets may decide, in its sole discretion, not to close a Position; f. Blueberry Markets will close a Position(s) if your Equity only covers 50% of the Total Margin Requirement for your open Positions. Your worst offending Position (i.e. the contract with the largest loss) will be automatically closed at the first price available and as determined by the CFD price, liquidity, and other factors that may impact on execution times; g. Without limiting the above, if at any time trading on a Relevant Exchange is suspended or halted in any Underlying Market, Blueberry Markets will, in determining the closing value of a Position and, at its discretion, have regard to the last traded price before the time of suspension or halt; and h. All determinations and calculations made by Blueberry Markets pursuant to this Client Agreement will be binding on you in the absence of Manifest Error.

Appears in 1 contract

Sources: Client Agreement

Closing a CFD Contract. You agree and acknowledge to us that: a. At any time, you may give Blueberry Markets Eightcap an instruction (by telephone or on the Trading Platform) of your intention to close a Position (whether in whole or in part) by specifying the Position and the proportion of the Position that you wish to close; b. Upon receipt of a Closing Notice, Blueberry Markets Eightcap will use reasonable endeavors endeavours to provide a quote for the Closing Price and notify you of that quote. It is your obligation to notify Blueberry Markets Eightcap as soon as possible as to whether you are willing to accept the Closing Price. The Closing Price is not guaranteed as it is subject to market conditions and is therefore subject to change at short notice. Should you accept the Closing Price, the Position, or relevant portion of the Position, will be closed on the Closing Date at the Closing Price; c. If we cannot determine a price because trading in the Underlying Market is limited, suspended, and/or a price cannot be determined by our Liquidity provider(s), then the Closing Price may, at its discretion, be determined by Blueberry Markets Eightcap who may have regard to any factors it considers appropriate appropriate, including, for example, the last traded price of the Underlying Market; d. Without limiting Blueberry Markets Eightcap’s discretion, if any Position ceases to be quoted on a Relevant Exchange, or is suspended from quotation, or subject to a trading halt for 5 or more consecutive Business Days Days, or is removed from the Trading Platform, Blueberry Markets Eightcap may, in its sole discretion, elect to terminate the relevant Position by providing you with at least ten (10) Business Days' notice to you; e. It may not be possible to close out a Position if there is a suspension of trading, or a trading halt, in respect of the Underlying Market. In such a circumstance, Blueberry Markets Eightcap may decide, in its sole discretion, not to close a Position; f. Blueberry Markets Eightcap will close a Position(s) if your Equity only covers 50% of the Total Margin Requirement for your open Positions. Your worst offending Position (i.e. the contract with the largest loss) will be automatically closed at the first price available and as determined by the CFD price, liquidity, and other factors that may impact on execution times; g. Without limiting the above, if at any time trading on a Relevant Exchange is suspended or halted in any Underlying Market, Blueberry Markets Eightcap will, in determining the closing value of a Position and, and at its discretion, have regard to the last traded price before the time of suspension or halt; and h. All determinations and calculations made by Blueberry Markets Eightcap pursuant to this Client Agreement will be binding on you in the absence of Manifest Error.

Appears in 1 contract

Sources: Client Agreement