Confirmation prevails Sample Clauses

Confirmation prevails. If there is any inconsistency between a Confirmation and a provision of this Agreement, the Confirmation prevails. 7.4 Transaction outside trading limits (a) When offer to deal may not be accepted If the Client makes an offer to Velocity Trade to deal for a Transaction: (i) outside any applicable Minimum Trading Size or Maximum Trading Size; or (ii) where the Client does not have sufficient funds in the Account to satisfy a Part Payment Requirement (where required in for that type of Transaction); or (iii) in other circumstance specified from time to time by Velocity Trade, the Client acknowledges and agrees that its offer will or may be rejected by Velocity Trade. (b) “Greying out” Where an Electronic Trading Platform is used, this rejection will or may be indicated by an offer being “greyed out”. (c) Automatic revocation of offer If the Client makes an offer that is not accepted by Velocity Trade, that offer is deemed automatically to be revoked at the time of “greying out” or when the Client receives a rejection message from Velocity Trade by way of the Trading Platform or otherwise. (d) Setting of trading Limits Velocity Trade is entitled to; (i) change any Minimum Trading Size or Maximum Trading Size; (ii) waive any Minimum Trading Size or Maximum Trading Size. (e) Client acknowledgement The Client acknowledges that it is the Client’s responsibility to: (i) ensure the Client knows the current Minimum Trading Size and Maximum Trading Size applicable to any trade the Client wishes to place; and (ii) ensure the Client understands how to calculate the Minimum Trading Size and Maximum Trading Size. 7.5 Errors in quotes‌ (a) Notice of error (i) If the Client wishes to assert that a Transaction has been entered into (whether or not confirmed by Velocity Trade) at a price or rate which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Transaction, the Client is to give notice to Velocity Trade within one hour after the Transaction or purported Transaction was entered into. (ii) If Velocity Trade wishes to assert that a Transaction has been entered into (whether or not confirmed by Velocity Trade) at a price or rate which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Transaction, Velocity Trade is to give notice to the Client: (A) for a Spot FX Transaction, within one Business Day after the Transaction or purported Transaction was entered into; ...