Common use of Negative Pricing Clause in Contracts

Negative Pricing. The Company’s proprietary and non-proprietary platforms do not support sub-zero prices. Therefore, the Company does not allow the trading of sub-zero (negative) prices. Where the prices of any financial instrument collapse in sub-zero (negative) prices, the Company is obliged to disable the trading for the specific instrument and as a result closure of the existing positions at zero price for the instrument affected will occur. For more information, please download our Risk Disclaimer Policy

Appears in 4 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Negative Pricing. The Company’s proprietary and non-proprietary platforms do not support sub-zero prices. Therefore, the Company does not allow the trading of sub-zero (negative) prices. Where the prices of any financial instrument collapse in sub-zero (negative) prices, the Company is obliged to disable the trading for the specific instrument and as a result closure of the existing positions at zero price for the instrument affected will occur. For more information, please download our Risk Disclaimer Policy

Appears in 1 contract

Sources: Client Agreement