OPENING A TRADE Sample Clauses
The 'Opening a Trade' clause defines the procedures and requirements for initiating a new transaction between parties. It typically outlines the steps each party must take to propose, confirm, and record the terms of a trade, such as specifying the product, quantity, price, and settlement details. This clause ensures that both parties have a clear, mutual understanding of the trade's terms before it becomes binding, thereby reducing the risk of disputes and promoting efficient execution of transactions.
OPENING A TRADE. 7.1 Opening a Trade
7.1.1 You will be able to open or close a Contract and execute Orders on a trade opened with us via our Trading Platform or via phone.
7.1.2 We will have no liability to you for any technical problems, including a loss of Internet connection, resulting in you being unable to trade at any given price.
7.1.3 We do not warrant that the Trading 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 Trading Platform service at any time for any purpose, without thereby incurring any liability to you.
7.1.4 If our computer records are different to 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.
OPENING A TRADE. 8.1 No rights in Underlying Instrument
8.2 Opening a trade using our Trading Platform
(a) You will be able to open or close a Position and execute Limit Orders and Stop Loss Orders on a trade opened with us via our Trading Platform.
(b) We will have no liability to you for any technical problems, including a loss of Internet connection, resulting in you being unable to trade at any given price.
(c) We do not warrant that the Trading 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 Trading Platform service at any time for any purpose, without thereby incurring any liability to you.
(d) If our computer records are difference to 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.
OPENING A TRADE. Digital Trade after the Conclusion of the Trade and before its closure. Moreover, it has not yet been determined whether or not payment will be made on this Trade.
OPENING A TRADE. 7.1 Opening a Trade
OPENING A TRADE. 8.1 No rights in Underlying Instrument
8.2 Opening a trade using our Trading Platform
(a) You will be able to open or close a Position and execute Limit Orders and Stop Loss Orders on a trade opened with us via our Trading Platform.
(b) We will have no liability to you for any technical problems, including a loss of Internet connection, resulting in you being unable to trade at any given price.
(c) We do not warrant that the Trading 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 Trading Platform service at any time for any purpose, without thereby incurring any liability to you.