ORDERS – INSTRUCTIONS Sample Clauses
ORDERS – INSTRUCTIONS. 6.1 The Company shall receive, execute and transmit all Orders strictly in accordance with the Trading Conditions and in accordance with its Best Execution Policy. The Company will have no responsibility for checking the accuracy or the logic of any Order. Any Order given to the Company constitutes an irrevocable instruction to the Company to proceed with the Transaction on the Customer’s behalf.
6.2 Subject to Section 6.15 below, the Company may, in certain circumstances, accept instructions, by telephone or in person, provided that the Company is satisfied, at its full discretion, of the caller’s/Customer’s identity, and the Company is further also satisfied with the clarity of instructions. In case of an Order received by the Company in any means other than through the Trading Platform, the Order will be transmitted by the Company to the Trading Platform and processed as if it was received through the Trading Platform.
6.3 The Company reserves the right, at its discretion, to confirm in any manner the instruction and/or Orders and/or communications sent through the telephone. The Customer fully accepts the risk of misinterpretation and/or mistakes in the instructions and/or Orders sent through the telephone, regardless of how they have been caused, including without limitation technical failures.
6.4 The Customer has the right to authorize a third person to give instructions and/or Orders to the Company or to handle any other matters related to this agreement, provided that the Customer has notified the Company in writing that such a right shall be exercised by a third party and that this person is approved by the Company and fulfills all of Company’s conditions to allow this. Unless the Company receives a written notification from the Customer terminating the said person’s authorization, the Company will continue accepting instructions and/or Orders given by this person on behalf of the Customer and the Customer will recognize such Orders as valid and binding on the Customer. The Company requires 2 working days written notification for the termination of the authorization to a third party.
6.5 Once the Customer’s instructions or Orders are given to the Company, they cannot be revoked except with the Company's written consent which may be given at the Company's sole and absolute discretion.
6.6 The Company shall not be held responsible in the case of delays or other errors caused during the transmission of Orders and/or messages via the Internet or othe...
ORDERS – INSTRUCTIONS. 18.1. The Client themselves shall directly perform any trading order, execution, or transaction via the Website and/or the Platform solely by themselves. For the removal of any doubt the Company shall not accept any instructions from the Client (or any other person acting on behalf of the Client) which are given by way of verbal instructions via phone conversation or written instructions via email with respect to any trading order, execution, transaction, or proposed transaction or any other matter which is trading related.
18.2. The Client authorizes the Company to rely on and execute any order, given to it via the Website or platform.
18.3. The Client will be responsible for and bound by all obligations entered into or assumed to be on the Client’s behalf as a result of or in connection with such orders.
18.4. All orders must be given by the Client directly through the Website or platform. However, and due to unique and extraordinary circumstances, the orders can be given by the Client to the Dealing or Risk Departments of the Company by means of messaging, or verbal instructions given via phone communications.
18.4.1. The Company will make reasonable endeavors to provide the Client with a client area on the Website or platform in order for the Client to execute the order.
18.5. The Company may refuse to accept any order from the Client. The Company may also partially execute an order if it is unable to execute it in full. The Company will endeavor to provide the Client with a reason for any refusal or partial execution but are in no way obligated to.
18.6. Once an order is executed it cannot be withdrawn or amended.
18.6.1. For the avoidance of doubt, the Client will remain entirely responsible and liable for any order or partial order that the Company is not able to cancel or amend.
18.7. The Client acknowledges and agrees that the Company has the right, but no obligation, to set limits and/or parameters to control the Client’s ability to place orders.
18.8. Any such limits and/or parameters may be amended, increased, decreased, removed, or added by the Company and may include, without limitation, the following:
18.8.1. Controls over maximum order amounts and maximum order sizes;
18.8.2. Controls over the Company’s total exposure to the Client;
18.8.3. Controls over prices at which orders may be submitted, including, without limitation: controls over orders which are at a price that differ greatly from the market prices at the time the order is submitt...
ORDERS – INSTRUCTIONS. 8.1 The Company will, in certain circumstances, accept instructions, by telephone or in person, provided that the Company is satisfied, at its full discretion, of the caller’s/Client’s identity and clarity of instructions. In case of an order received by the Company by means other than through the electronic Trading Platform, the order will be transmitted by the Company to the electronic Trading Platform and processed as if it was received through the electronic Trading Platform.
8.2 The Company reserves the right, at its discretion, to confirm in any manner the instructions and/or Orders and/or communications sent through the Communication System. The Client accepts the risk of misinterpretation and/or mistakes in the instructions and/or Orders sent through the Communication System, regardless of how they have been caused, including technical and/or mechanical damage.
8.3 The Client has the right to authorize a third person to give instructions and/or orders to the Company or to handle any other matters related to this agreement, provided that the Client has notified the Company in writing, of exercising such a right and that this person is approved by the Company fulfilling all of Company’s specifications/requirements for such service. Unless the Company receives a written notification for the termination of the said person’s authorization, the Company will continue accepting instructions and/or orders given by this person on behalf of the Client and the Client will recognize such orders as valid and committing. The above written notification for the termination of the authorization to a third party has to be received by the Company with at least 2 days’ notice. Once the Client’s instructions or Orders are given to the Company and are sent for execution, they cannot be revoked. Only in exceptional circumstances the Company may allow the Client to revoke or amend the relevant instruction or Order. The Company has the right to proceed to a partial execution of the Client's Orders.
8.4 The transaction (opening or closing a position) is executed at the "BID" / "ASK" prices offered to the Client. The Client chooses desirable operation and makes a request to receive a transaction confirmation by the Company. The transaction is executed at the prices the Client can see on the screen. Due to the high volatility of the markets during the confirmation process the price may change and the Company has the right to offer the Client a new price. In the event the Compa...
ORDERS – INSTRUCTIONS. 18.1. The Client themselves shall directly perform any trading order, execution, or transaction via the Website and/or the Platform solely by themselves. For the removal of any doubt the Company shall not accept any instructions from the Client (or any other person acting on behalf of the Client) which are given by way of verbal instructions via phone conversation or written instructions via email with respect to any trading order, execution, transaction, or proposed transaction or any other matter which is trading related.
18.2. The Client authorizes the Company to rely on and execute any order, given to it via the Website or platform.
18.3. The Client will be responsible for and bound by all obligations entered into or assumed to be on the Client’s behalf as a result of or in connection with such orders. Commented [MOU3]: Why did you delete this? Sometimes clients send orders via other means not through the website or platform.
18.4. Commented [SK4R3]: Spoke with Jad, ▇▇▇ told order can be executed only via the platform, moreover if this is the case, that practice should cease, as it will lead to unnecessary complains
18.4.1. The Company will make reasonable endeavors to provide the Client with a client area on the Website or platform in order for the Client to execute the order.
18.5. The Company may refuse to accept any order from the Client. The Company may also partially execute an order if it is unable to execute it in full. The Company will endeavor to provide the Client with a reason for any refusal or partial execution but are in no way obligated to.
18.6. Once an order is executed it cannot be withdrawn or amended.
18.6.1. For the avoidance of doubt, the Client will remain entirely responsible and liable for any order or partial order that the Company is not able to cancel or amend.
18.7. The Client acknowledges and agrees that the Company has the right, but no obligation, to set limits and/or parameters to control the Client’s ability to place orders.
18.8. Any such limits and/or parameters may be amended, increased, decreased, removed, or
18.8.1. Controls over maximum order amounts and maximum order sizes;
18.8.2. Controls over the Company’s total exposure to the Client;
18.8.3. Controls over prices at which orders may be submitted, including, without limitation: controls over orders which are at a price that differ greatly from the market prices at the time the order is submitted;
18.8.4. Controls over electronic services that include, withou...