Common use of CONTRACT PRICE AT CLOSING Clause in Contracts

CONTRACT PRICE AT CLOSING. Where a margin FX contract or CFD is closed under this Agreement, we will determine the contract price at the time of closing in accordance with the current prices than being quoted by us, but except where the margin FX contract or CFD to be closed is outside the normal trading size, our spread used in calculating the contract price will not exceed 20% or one cent (or equivalent currency unit), whichever is the greater.

CONTRACT PRICE AT CLOSING. Where a margin Margin FX contract or CFD is closed under this Agreement, we will determine the contract price Contract Price at the time of closing in accordance with the current prices than being quoted by us, but except where the margin Margin FX contract or CFD to be closed is outside the normal trading sizeNormal Trading Size, our spread Spread used in calculating the contract price Contract Price will not exceed 20% or one cent (or equivalent currency unit), whichever is the greater.