Common use of Order Handling Clause in Contracts

Order Handling. 7.1 We will handle client orders fairly. We may aggregate your Northbound orders with the Northbound orders of any other client or of its affiliates when we process such orders. This may sometimes operate to your disadvantage and, because of the quota restrictions escribed in the Annex, may result in your order only being partially executed or not at all. 7.2 All client orders and transactions to be undertaken for clients (“Client Orders”) which are for submission to the applicable open auction or start of continuous trading session (the “Opening”) shall be handled by us in a way that seeks to ensure that all such Client Orders have a fair and equal opportunity to participate in the Opening. We will regard all such Client Orders as having been received by us only at the point at which our system submits Client Orders into the applicable opening auction or start of continuous trading session.

Appears in 3 contracts

Sources: Client Agreement, Client Agreement, Client Agreement