Common use of Executions Clause in Contracts

Executions. 6.1 Execution is the completion of a buy or sells order for a security. The Execution of an order occurs when it gets filled, not when the investor places it. When the investor submits the trade, it is sent to a broker, who determines the best way to execute it. Market Execution is the method by which traders execute orders at the current price within fractions of a second. The price can be either higher or lower than the one the trader sees in the terminal window, as prices constantly change. Instant Execution is the method by which brokers execute orders at the trader's requested price or not at all. In other words, if the price of an instrument changes as you place an order, the broker will send you a notification (requote) to confirm that you agree to the newly changed price.

Appears in 2 contracts

Samples: Ecn Account Agreement, Nano Account Agreement

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Executions. 6.1 Execution is the completion of a buy or sells order for a security. The Execution execution of an order occurs when it gets filled, not when the investor places it. When the investor submits the trade, it is sent to a brokerDelta FX Broker, who determines the best way to execute it. Market Execution is the method by which traders execute orders at the current price within fractions of a second. The price can be either higher or lower than the one the trader sees in the terminal window, as prices constantly change. Instant Execution is the method by which brokers execute orders at the trader's requested price or not at all. In other words, if the price of an instrument changes as you place an order, the broker will send you a notification (requote) to confirm that you agree to the newly changed price.

Appears in 2 contracts

Samples: Account Agreement, Standard Account Agreement

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Executions. 6.1 Execution is the completion of a buy or sells sell order for a security. The Execution of an order occurs when it gets filled, not when the investor places it. When the investor submits the trade, it is sent to a broker, who determines the best way to execute it. Market Execution is the method by which traders execute orders at the current price within fractions of a second. The price can be either higher or lower than the one the trader sees in the terminal window, as prices constantly change. Instant Execution is the method by which brokers execute orders at the trader's requested price or not at all. In other words, if the price of an instrument changes as you place an order, the broker will send you a notification (requote) to confirm that you agree to the newly changed price.

Appears in 1 contract

Samples: Spread Account Agreement

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