Common use of Execution Risk Clause in Contracts

Execution Risk. You further acknowledge that there may be risks relating to our ability to execute an Order that you place on the Trading Platform. These include: (a) Delays in Execution The risk that your Order may be executed with a delay, or not executed at all, due to a delay in transmission of data between your Trading Platform and our servers/systems. This may result in the price at which you have placed your Order being no longer available. Since you will be accessing the Trading Platform through a third-party internet service provider, there is a risk that your computer or other device may not maintain a constant, stable and uninterrupted connection with our servers and systems. (b) Unavailable Pricing You may face a risk that a financial instrument you have wanted to trade cannot be offered by us at a particular time. This may occur when liquidity in the relevant market is short and our liquidity providers cannot provide us a market for those instruments and as such you will not be able to trade in such instruments. (c) Inverted Spreads Circumstances may arise whereby our liquidity feed can be disrupted. When the liquidity feed comes back online, the Bid price may be greater that the sell offer (which is called an inverted spread). Until inverted spreads are resolved, you may not be able to trade on the Trading Platform. We reserve the right to reverse trades executed where this has occurred.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement