Common use of Closure Clause in Contracts

Closure. long and short contract If you are long and/or short a Margin Contract or CFD, with effect immediately after Close of Business on the Closing Date, we will close the relevant Long and Short Positions and record the balance in your account, if any, of your then outstanding long or short Position in the Contract, as appropriate. If there is more than one Contract in relation to the Underlying Instrument, or in the case of Index Future CFDs in relation to the Underlying Instrument with the same Specified Date, we may close out whatever Contract we consider appropriate.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Closure. long and short contract If you are long and/or and short a Margin Contract or CFD, with effect immediately after Close of Business on the Closing Date, we will close the relevant Long long and Short short Positions and record the balance in your accountaccount the balance, if any, of your then outstanding long or short Position in the Contract, as appropriate. If there is more than one Contract in relation to the Underlying Instrument, or in the case of Index Future CFDs in relation to the Underlying Instrument with the same Specified Date, we may close out whatever Contract we consider appropriate.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Closure. long Long and short contract If you are long and/or and short a Margin Contract or CFD, with effect effect immediately after a�er Close of Business on the Closing Date, we will close the relevant Long long and Short Positions short Posi�ons and record the balance in your accountaccount the balance, if any, of your then outstanding long or short Position Posi�on in the Contract, as appropriate. If there is more than one Contract in relation rela�on to the Underlying Instrument, or in the case of Index Future CFDs in relation rela�on to the Underlying Instrument with the same Specified Specified Date, we may close out whatever Contract we consider appropriate.

Appears in 1 contract

Samples: Client Agreement

Closure. long and short contract contract‌ If you are long and/or and short a Margin Contract or CFD, with effect immediately after Close of Business on the Closing Date, we will close the relevant Long long and Short short Positions and record the balance in your accountaccount the balance, if any, of your then outstanding long or short Position in the Contract, as appropriate. If there is more than one Contract in relation to the particular Underlying Instrument, or in the case of Index Future CFDs in relation to the Underlying Instrument with the same Specified Date, we may close out whatever Contract we consider appropriate.

Appears in 1 contract

Samples: Client Agreement

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Closure. long and short contract contract‌ If you are long and/or short a Margin Contract or CFD, with effect immediately after Close of Business on the Closing Date, we will close the relevant Long and Short Positions and record the balance in your account, if any, of your then outstanding long or short Position in the Contract, as appropriate. If there is more than one Contract in relation to the Underlying Instrument, or in the case of Index Future CFDs in relation to the Underlying Instrument with the same Specified Date, we may close out whatever Contract we consider appropriate.

Appears in 1 contract

Samples: Client Agreement

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