Stop and Limits. 3.1. We may, in our sole discretion, allow you to specify a closing price for a Transaction through a Close at loss (Stop Loss) and Close at profit (Take Profit) Order, subject always to the terms of the Client Agreement and any other terms and conditions we may implement from time to time. 3.2. Upon your offer and our acceptance of your Order, you hereby authorize us to close the Transaction at the “Close at Loss” price or “Close at Profit” price, as applicable, and as agreed in the Order, without further instruction from or notification to you. We may, in our sole discretion, close the Transaction when the price quoted by us on the App equals or exceeds the price accepted by us for such an Order. You acknowledge Klips SC Ltd. (the “Company”, "we" or "us") is authorized and regulated by the Financial Services Authority of Seychelles (License No. SD071). that we will not be required to close any Transaction if you are not in compliance with any of the factors set forth in paragraph 15.11 of this Client Agreement. 3.3. You acknowledge and agree that due to market volatility and factors beyond our control, we cannot guarantee that an Order will be executed at the level specified in your Order, for example, an Order may be closed at a worse price than as originally specified by you in such an Order. In such an event, we will close the Transaction at the next best price. 3.4. With respect to close at profit (Take Profit) where the price for a Security moves to your advantage, we will pass such price improvement on to you. 3.5. The Client agrees that placing a close at loss (Stop Loss) Order will not necessarily limit losses to the intended amounts, because market conditions may make it impossible to execute such an Order at the stipulated price and the Company bears no responsibility whatsoever.
Appears in 1 contract
Sources: Client Agreement
Stop and Limits. 3.1. We may, in our sole discretion, allow you to specify a closing price for a Transaction through a Close at loss (Stop Loss) and Close at profit (Take Profit) Order, subject always to the terms of the Client Agreement and any other terms and conditions we may implement from time to time.
3.2. Upon your offer and our acceptance of your Order, you hereby authorize us to close the Transaction at the “Close at Loss” price or “Close at Profit” price, as applicable, and as agreed in the Order, without further instruction from or notification to you. We may, in our sole discretion, close the Transaction when the price quoted by us on the App equals or exceeds the price accepted by us for such an Order. You acknowledge Klips SC Ltd. (the “Company”, "we" or "us") is authorized and regulated by the Financial Services Authority of Seychelles (License No. SD071). that we will not be required to close any Transaction if you are not in compliance with any of the factors set forth in paragraph 15.11 of this Client Agreement.
3.3. You acknowledge and agree that due to market volatility and factors beyond our control, we cannot guarantee that an Order will be executed at the level specified in your Order, for example, an Order may be closed at a worse price than as originally specified by you in such an Order. In such an event, we will close the Transaction at the next best price.
3.4. With respect to close at profit (Take Profit) where the price for a Security moves to your advantage, we will pass such price improvement on to you.
3.5. The Client agrees that placing a close at loss (Stop Loss) Order will not necessarily limit losses to the intended amounts, because market conditions may make it impossible to execute such an Order at the stipulated price and the Company bears no responsibility whatsoever.
Appears in 1 contract
Sources: Client Agreement
Stop and Limits. 3.1
5.1. We may, in our sole discretion, allow you to specify a closing price for a Transaction through a Close at loss (Stop Loss) and Close at profit (Take Profit) Order, subject always to the terms of the Client Agreement and any other terms and conditions we may implement from time to time.
3.25.2. Upon your offer and our acceptance of your Order, you hereby authorize us to close the Transaction at the “Close at Loss” price or “Close at Profit” price, as applicable, and as agreed in the Order, without further instruction from or notification to you. We may, in our sole discretion, close the Transaction when the price quoted by us on the App equals or exceeds the price accepted by us for such an Order. You acknowledge Klips SC Ltd. (the “Company”, "we" or "us") is authorized and regulated by the Financial Services Authority of Seychelles (License No. SD071). that we will not be required to close any Transaction if you are not in compliance with any of the factors set forth in paragraph 15.11 of this Client Agreement.
3.35.3. You acknowledge and agree that due to market volatility and factors beyond our control, we cannot guarantee that an Order will be executed at the level specified in your Order, for example, an Order may be closed at a worse price than as originally specified by you in such an Order. In such an event, we will close the Transaction at the next best price.
3.45.4. With respect to close at profit (Take Profit) where the price for a Security moves to your advantage, we will pass such price improvement on to you.
3.55.5. The Client agrees that placing a close at loss (Stop Loss) Order will not necessarily limit losses to the intended amounts, because market conditions may make it impossible to execute such an Order at the stipulated price and the Company bears no responsibility whatsoever.
Appears in 1 contract
Sources: Client Agreement