Common use of OPENING A POSITION Clause in Contracts

OPENING A POSITION. 8.1 No rights in Underlying Instrument 8.2 Opening a position using the INGOT Brokers Platform (a) You will be able to open or close a Position and execute Limit Orders and Stop Loss Orders on a Position opened with us via the INGOT Brokers Platform. (b) We will have no liability to you if any internet connection is lost with the result that you are unable to trade at any given price. (c) We do not warrant that the INGOT Brokers Platform will always be available or accessible when the exchanges on which the underlying instruments in respect of which you have traded or wish to trade are open and we reserve the right to remove altogether or reduce the INGOT Brokers Platform service at any time for any purpose, without thereby incurring any liability to you. (d) If our computer records are at variance with your own records or recollection of your trading, the version of events recorded contemporaneously by our computer will prevail and our obligations to each other (including the obligation to pay any money) will be assessed and calculated on the basis that our contemporaneous computer records are correct and are conclusive evidence of the matters they record.