Requests and Instructions. 6.1. The Company may accept to execute Requests and/or Instructions within any normal trading hours specified in the Website, or it may decline them before starting to process them in case they breach any of the situations mentioned in the Terms and Conditions or clause 6.3 below. 6.2. Notwithstanding any of the above, the Company may at its absolute discretion accept and execute the Instructions even though the Terms and Conditions or clause 6.3 below are breached by the Client. 6.3. The situations referred to above in 6.1 shall be the following: (a) The Quote provided by the Company to the Client must be a valid quote, as opposed to an Indicative Quote. The Quote is considered to be Indicative rather than Valid in case it has not been updated within a reasonable time frame so that it no longer reflects prevailing market conditions; (b) The Client‟s Instruction must be given to the Company while the Quote is valid when it is provided through the Client Terminal or the telephone; (c) A Quote must not be incorrect nor an Error Quote(Spike); (d) The Transaction Size must not be less than the minimum Transaction Size for this Instrument indicated in the Trading Conditions; (e) A Force Majeure Event or an Event of Default must not have taken place; (f) In case the Client opens a position it shall have sufficient Free Margin to cover the Initial Margin requirement in respect of that Open Position. 6.4. Any cancelled Pending Orders which are older than a month may be deleted by the Company from the Client‟s Trading Account
Appears in 1 contract
Sources: Client Agreement
Requests and Instructions. 6.1. The Company may accept to execute Requests and/or Instructions within any normal trading hours specified in on the Website, or it may decline them before starting to process them in case they breach any of the situations mentioned in the Terms and Conditions or clause 6.3 below.
6.2. Notwithstanding any of the above, the Company may at its absolute discretion accept and execute the Instructions even though the Terms and Conditions or clause 6.3 below are breached by the Client.
6.3. The situations referred to above in 6.1 shall be the following:
(a) The Quote provided by the Company to the Client must be a valid quote, as opposed to an Indicative Quote. The Quote is considered to be Indicative rather than Valid thanValid in case it has not been updated within a reasonable time frame so that it no longer reflects prevailing market conditions;
(b) The Client‟s Client’s Instruction must be given to the Company while the Quote is valid when it is provided through the Client Terminal or the telephone;
(c) A Quote must not be incorrect nor an Error Quote(SpikeQuote (Spike);
(d) The Transaction Size must not be less than the minimum Transaction Size for this Instrument indicated in the Trading Conditions;
(e) A Force Majeure Event or an Event of Default must not have taken place;
(f) In case the Client opens a position it shall have sufficient Free Margin to cover the Initial Margin requirement in respect of that Open Position.
6.4. Any cancelled Pending Orders which are older than a month may be deleted by the Company from the Client‟s Client’s Trading AccountAccount history.
Appears in 1 contract
Sources: Client Agreement
Requests and Instructions. 6.1. The Company may accept to execute Requests and/or Instructions within any normal trading hours specified in on the Website, or it may decline them before starting to process them in case they breach any of the situations mentioned in the Terms and Conditions or clause 6.3 below.
6.2. Notwithstanding any of the above, the Company may at its absolute discretion accept and execute the Instructions even though the Terms and Conditions or clause 6.3 below are breached by the Client.
6.3. The situations referred to above in 6.1 shall be the following:
(a) The Quote provided by the Company to the Client must be a valid quote, as opposed to an Indicative Quote. The Quote is considered to be Indicative rather than Valid thanValid in case it has not been updated within a reasonable time frame so that it no longer reflects prevailing market conditions;
(b) The Client‟s Client’s Instruction must be given to the Company while the Quote is valid when it is provided through the Client Terminal or the telephone;
(c) A Quote must not be incorrect nor an Error Quote(SpikeQuote (▇▇▇▇▇);
(d) The Transaction Size must not be less than the minimum Transaction Size for this Instrument indicated in the Trading Conditions;
(e) A Force Majeure Event or an Event of Default must not have taken place;
(f) In case the Client opens a position it shall have sufficient Free Margin to cover the Initial Margin requirement in respect of that Open Position.
6.4. Any cancelled Pending Orders which are older than a month may be deleted by the Company from the Client‟s Client’s Trading AccountAccount history.
Appears in 1 contract
Sources: Client Agreement