Common use of Limit Order Clause in Contracts

Limit Order. this is an instruction by you to: i. buy a CFD Transaction to close a short Open Position at a price which is lower than the current Quote; or ii. sell a CFD Transaction to close a long Open Position at a price which is higher than the current Quote. You may set a Limit Order at the following times: (1) when you place a Trade; or (2) when you place an Order to Open which then acts as a contingent take profit instruction to close the Open Position once the Order to Open has been executed;