Common use of Price Slippage; Order Cancellation and Adjustment Clause in Contracts

Price Slippage; Order Cancellation and Adjustment. Prices quoted on IB's system generally reflect the prices at which IB's Forex Providers are willing to trade. Prices quoted on IB's system reflect changing market conditions and therefore quotes can and do change rapidly. As such, when a Customer order is received and processed by IB's system, the quote on IB's platform may be different from the quote displayed when the order was sent by Customer. This change in price is commonly referred to as "slippage". IB generally will not execute a Customer order at a certain price unless IB is able to trade at that price against one of IB's Forex Providers. If Customer sends an order for a forex transaction to IB's system but Customer's requested price is no longer available and therefore the order is non-marketable, IB will not execute the order then but will place it in IB's limit order book in accordance with Customer's time-in-force instructions. Other customers can then trade against this order when it becomes the National Best Bid and Offer ("NBBO") or IB may execute the order if it becomes marketable based on prices received from IB's Forex Providers. If Customer sends an order for a forex transaction to IB's system and the current price is more favorable for Customer than what Customer requested in the order, the order will generally be executed at the available better price. Although IB attempts to obtain the best price for Customer orders on forex transactions, because of the inherent possibility of transmission delays between and among Customers, IB and Forex Providers, or other technical issues, execution prices may be worse than the quotes displayed on the IB platform. To execute your order, Interactive Brokers engages in back-to-back transactions with one or more counterparties. These counterparties on occasion may cancel or adjust forex trades with us in the event of market or technical problems. In these cases we may have to cancel or adjust forex trades that you have executed.

Price Slippage; Order Cancellation and Adjustment. Prices quoted on IB's system generally reflect the prices at which IB's Forex Providers are willing to trade. Prices quoted on IB's system reflect changing market conditions and therefore quotes can and do change rapidly. As such, when a Customer order is received and processed by IB's system, the quote on IB's platform may be different different from the quote displayed when the order was sent by Customer. This change in price is commonly referred to as "slippage". IB generally will not execute a Customer order at a certain price unless IB is able to trade at that price against one of IB's Forex Providers. If Customer sends an order for a forex transaction to IB's system but Customer's requested price is no longer available and therefore the order is non-marketable, IB will not execute the order then but will place it in IB's limit order book in accordance with Customer's time-in-force instructions. Other customers can then trade against this order when it becomes the National Best Bid and Offer Offer ("NBBO") or IB may execute the order if it becomes marketable based on prices received from IB's Forex Providers. If Customer sends an order for a forex transaction to IB's system and the current price is more favorable for Customer than what Customer requested in the order, the order will generally be executed at the available better price. Although IB attempts to obtain the best price for Customer orders on forex transactions, because of the inherent possibility of transmission delays between and among Customers, IB and Forex Providers, or other technical issues, execution prices may be worse than the quotes displayed on the IB platform. To execute your order, Interactive Brokers engages in back-to-back transactions with one or more counterparties. These counterparties on occasion may cancel or adjust forex trades with us in the event of market or technical problems. In these cases we may have to cancel or adjust forex trades that you have executed.

Price Slippage; Order Cancellation and Adjustment. Prices quoted on IBBROKER's system generally reflect the prices at which IBBROKER's Forex Providers are willing to trade. Prices quoted on IBBROKER's system reflect changing market conditions and therefore quotes can and do change rapidly. As such, when a Customer order is received and processed by IBBROKER's system, the quote on IBBROKER's platform may be different from the quote displayed when the order was sent by Customer. This change in price is commonly referred to as "slippage". IB ." BROKER generally will not execute a Customer order at a certain price unless IB BROKER is able to trade at that price against one of IBBROKER's Forex Providers. If Customer sends an order for a forex transaction to IBBROKER's system but Customer's requested price is no longer available and therefore the order is non-marketable, IB BROKER will not execute the order then but will place it in IBBROKER's limit order book in accordance with Customer's time-in-force instructions. Other customers can then trade against this order when it becomes the National Best Bid and Offer ("NBBO") or IB BROKER may execute the order if it becomes marketable based on prices received from IBBROKER's Forex Providers. If Customer sends an order for a forex transaction to IBBROKER's system and the current price is more favorable for Customer than what Customer requested in the order, the order will generally be executed at the available better price. Although IB BROKER attempts to obtain the best price for Customer orders on forex transactions, because of the inherent possibility of transmission delays between and among Customers, IB BROKER and Forex Providers, or other technical issues, execution prices may be worse than the quotes displayed on the IB BROKER platform. To execute your order, Interactive Brokers Xxxxxx engages in back-to-back transactions with one or more counterparties. These counterparties on occasion may cancel or adjust forex trades with us in the event of market or technical problems. In these cases we may have to cancel or adjust forex trades that you have executed.