Common use of REFUSAL TO EXECUTE ORDERS Clause in Contracts

REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases:  If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform;  If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets;  In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases: 🟏 If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform; 🟏 If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets; 🟏 In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases: 🟏 If the Company has adequate reasons to adequatereasonsto suspect that the execution of an order is orderis part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform; 🟏 If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse doesrefuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets; 🟏 In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 1 contract

Samples: Client Agreement

REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases: If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform; If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets; In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 1 contract

Samples: Terms and Conditions Client Agreement

REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases: If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform; If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets; In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 1 contract

Samples: Client Agreement

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REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases: If the Company has adequate reasons to suspect that the execution of an order is part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform; If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets; In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 1 contract

Samples: Client Agreement

REFUSAL TO EXECUTE ORDERS. The Company has the right, at any time and for any reason and without giving any notice and/or explanation, to refuse, at its discretion, to execute any order, including without limitation in the following cases: If the Company has adequate reasons to adequatereasonsto suspect that the execution of an order is orderis part of an attempt to manipulate the market, trading on inside information, relates to money laundering activities or if it can potentially affect in any manner the reliability, efficiency, or smooth operation of the Trading Platform; If the Client does not have sufficient available funds deposited with the Company or in his/her bank account to pay the purchase price of the order along with the respective fees and commissions necessary to carry out the transaction in the Electronic Trading Platform. In the event that the Company does refuse doesrefuse to execute an order, such refusal will not affect any obligation which the Client may have towards the Company or any right which the Company may have against the Client or his/her assets; In certain limited cases, such as the occurrence of a Force Majeure Event or other cases where such data is temporarily not available (e.g. where prices on the Underlying Assets are not available or Orders are placed outside of Business Hours, or at times where sharp movements in the market make it difficult to determine relevant market prices, or where Client’s orders are placed outside of the relevant trading hours of the Underlying Asset and Company’s Business Hours), the Company may diverge from the process for Price determination set out in this Agreement.

Appears in 1 contract

Samples: Client Agreement

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