Common use of EXECUTION OF ORDERS Clause in Contracts

EXECUTION OF ORDERS. 3.1. In order to open a position on the Platform, the Client must either open a Buy or a Sell, at the price quoted on the Platform at the time of such Transaction. In order to close a position, the Client must either offer to Sell (in the case of a Buy), or purchase (in the case of a Sell), the Underlying Asset covered by such Open Position, at the price quoted on the Platform at the time of such closing. It is understood that every time the Client places an Order, the Company executes such an Order itself as a counterparty. However, the Company has the right to hedge Client Orders with another third party.

Appears in 9 contracts

Samples: Terms and Conditions, Terms and Conditions, Client Agreement

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EXECUTION OF ORDERS. 3.1. In 0.Xx order to open a position on the Platform, the Client must either open a Buy or a Sell, at the price quoted on the Platform at the time of such Transaction. In order to close a position, the Client must either offer to Sell (in the case of a Buy), or purchase (in the case of a Sell), the Underlying Asset covered by such Open Position, at the price quoted on the Platform at the time of such closing. It is understood that every time the Client places an Order, the Company executes such an Order itself as a counterpartyacounterparty. However, the Company has the right to hedge Client Orders with another third anotherthird party.

Appears in 1 contract

Samples: Terms and Conditions

EXECUTION OF ORDERS. 3.1. In order to To open a position on the Platform, the Client must Customer shall open either open a Buy Purchase or a Sell, Sale at the price quoted offered on the Platform at the time of such Transactionthe Transaction was performed. In order to close a position, the Client must either Customer has to offer to Sell sell (in the case of a Buy), Purchase) or to purchase (in the case of a Sell), Sale) the Underlying Asset asset covered by such an Open Position, position at the price quoted proposed on the Platform at the time of during such closingclosure. It is understood The Parties agree that each every time the Client a Customer places an Orderorder, the Company executes will execute such an Order itself on its own as a counterpartycounterpart. However, the Company has the right to hedge Client the Orders of the Customer with another the help of a third party.

Appears in 1 contract

Samples: User Agreement

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EXECUTION OF ORDERS. 3.11. In order to open a position on the Platform, the Client must either open a Buy or a Sell, at the price quoted on the Platform at the time of such Transaction. In order to close a position, the Client must either offer to Sell (in the case of a Buy), or purchase (in the case of a Sell), the Underlying Asset covered by such Open Position, at the price quoted on the Platform at the time of such closing. It is understood that every time the Client places an Order, the Company executes such an Order itself as a counterpartycounter party. However, the Company has the right to hedge Client Orders with another third party.

Appears in 1 contract

Samples: Terms and Conditions

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