Terms and Interpretation. In this Agreement:
Terms and Interpretation. In this «Agreement» or any Regulations: «Ask» shall mean the higher price in a quote. The price the «Client» may buy at. «Bid» shall mean the lower price in a quote. The price the «Client» may sell at. «
Terms and Interpretation. In this Agreement or any Regulations:
Terms and Interpretation. Account History shall mean the list of all completed transactions and non-trading operations on the Trading Account. Advance payment shall mean a deposit of funds by the Client to the Company's payment requisites in order to pay future expenses. Ask shall mean the higher price in a quote. The price the Client may buy at. Balance shall mean the total financial result of all completed transactions and non-trading operations on the trading account. Bar, candle shall mean the element of Chart that includes opening and closing prices, as well as the highest and lowest prices for a set period of time (timeframe). Base currency shall mean the first currency in the currency pair, which the Client can purchase or sell for the quote currency. Bid shall mean the lower price in a quote. The price the Client may sell at. Chart shall mean graphic representation of quote stream for a set period of time. Maximum (high) of any bar/candle is the highest Bid for the period, minimum (low) is the lowest Bid for the period, Closing Price (close) is the last Bid of a bar/candle, Opening Price (open) is the first Bid of a bar/candle. Client shall mean a legal entity or a physical party that entered into the Agreement with the Company for carrying out trading operations with financial instruments. Client Agreement shall mean an agreement between the Client and the Company that will define mutual rights and obligations of the Parties resulting from transaction (trading operations) with financial instruments. Gap, price gap shall mean the range of prices inside which there are no quotes. Client Terminal shall mean a software product through which the Client can obtain information regarding trades on the financial markets in real-time mode, conduct technical analysis of markets, carry out trading operations, place/modify/remove orders, as well as receive messages from the Company. When building price charts in the terminal, highest and lowest prices will be set by Bid quotes. Client argeement. Version: January 2020 00 Xxxxx Xxxxxx Xxxxxx Xxxxxxx ForexChief Ltd; Company Number 14777 xxxx@xxxxxxxxxx.xxx; xxx.xxxxxxxxxx.xxx Client Terminal log-file shall mean the file created by the Client Terminal in order to record all the Client's Requests and Instructions sent to the Company's Trading Server by the Client with accuracy to a second. Closed position shall mean the result of the second part of a fully complete transaction that assumes carrying out the opposite trading operation of the same volu...
Terms and Interpretation. In this Agreement: “Balance” shall mean the total financial result of all completed transactions and deposit/withdrawal operations КЛИЕНТСКОЕ СОГЛАШЕНИЕ GM, регистрационный номер 72951 (далее по тексту «Компания»), которая зарегистрирована по адресу, 22 Tabernacle street, London, United Kingdom, EC22 2EA предоставляет сервис по операциям в Личном кабинете и торговой платформе на условиях настоящей публичной оферты (далее по тексту «Соглашение») любому физическому лицу (кроме лиц без гражданства; физических лиц, не достигших 18 лет; а также граждан стран, в которых Компания не предоставляет указанный сервис) (далее по тексту «Клиент») . Дата последнего обновления: 05.12.2017. 1. ВВЕДЕНИЕ 1.1. Настоящее Соглашение должно быть внимательно прочитано Клиентом. Настоящее Соглашение составлено в виде электронного документа и не требует подписания. Безусловным принятием (акцептом) условий настоящего Соглашения считается внесение авансового платежа Клиентом по настоящему Соглашению и получение его Компанией. 1.2. Соглашение может быть переведено на все языки, на которые переведён официальный сайт Компании. Данный перевод будет носить только информативный характер. В случае каких-либо разночтений между англоязычной версией настоящего Соглашения и его переводом, приоритетной будет считаться англоязычная версия. 1.3. С момента получения Компанией авансового платежа Клиента каждая операция, совершенная Клиентом в Личном кабинете или в торговой платформе, становится предметом настоящего Соглашения. 1.4. В отношении любой операции в Личном кабинете или в торговой платформе Клиент и Компания выступают как принципалы, и Компания не выступает как агент от имени Клиента. Это означает, что пока Компания не придет с Клиентом к другому соглашению, Клиент несет полную и прямую ответственность за выполнение любых своих обязательств по совершенным операциям в Личном кабинете или в торговой платформе. Если Клиент действует от чьего-либо имени, то, независимо от того, идентифицировано ли это лицо или нет, Компания не принимает его как клиента и не несет перед ним никакой ответственности, за исключением тех случаев, когда это отдельно согласовано и оговорено. 1.5. В пункте 2 определены термины, используемые в данном Соглашении («Термины и определения»). 2.
Terms and Interpretation. Amount of transaction – product of number of lots and lot volume. Ask – price Client pays when buying. Balance – total financial result of all complete finished transactions and operations of depositing/withdrawing assets in the transaction account. Bar/Candlestick is an element of the chart, which includes opening and closing prices, as well as maximum and minimum prices per fixed period of time chosen by the Client. In MetaTrader4 and MetaTrader5 trading terminals, bars and candlesticks are displayed at the level of Bid price. Bid – price Client pays when selling. Chart is a tool for illustrating the price movement in graphics per fixed period of time with the help of bars/candlesticks or lines. In MetaTrader4 and MetaTrader5 trading terminals, prices are displayed at the level of Bid price. Client – individual or legal entity responsible for conversion arbitrage transactions with financial instruments on the Company’s server. Client’s terminal – software facility used by Client to direct orders to make transactions. Company – a legal entity responsible for performance of services to the Company on managing conversion arbitrage transactions under financial instruments. Complete finished transaction – transaction, which consists of two opposite related transactions of similar volume. Contract specification – transaction terms (contract size, spread, initial margin, Limit & Stop Level, etc,) for each instrument. Conversion arbitrage transaction – deal for buy or sell of contract for financial instruments. It assumes making two deals for buy and sell of the contracts of similar volume. Demo trading account is the Client’s trading account with deposited funds, which have no cash equivalent value. Direction – direction of Client to open position, to close position, to place pending order, to modify or to delete pending order. Equity – current value of assets, which can be determined using the formula: Equity = Balance + Floating Profit - Floating Loss. Floating Profit – unrealized profit at open positions under the current rate values. Floating Loss – unrealized loss at open positions under the current rate values. Free Margin – free equity in a transaction account, which can be used to open a new position. Free Margin = Equity - Margin. Instruments – currency pairs, CFDs, and metals available for conducting trading transactions in compliance with specification of contracts presented on the Company’s website. Hedged margin is a guarantee requested by the deal...
Terms and Interpretation. In these rules the words used are to have the following meaning:
Terms and Interpretation. In this Agreement, the following terms will have the following meanings:
Terms and Interpretation. 1.1 Unless otherwise defined, words and expressions used in this Tenancy Agreement shall have the meanings set out in Schedule 1 unless the context requires otherwise.
Terms and Interpretation. «Base Currency» - the currency that is quoted first in order in the name of the currency pair. The Client can buy or sell this currency at the price of a quote currency. «Currency Pair» - means a unit of trade operation that is grounded on the price change of one currency against the other. «Client» - means a physical party or a legal body that has accepted this Agreement with the Company with the purpose of conducting trading operations. «Client Account» - means any account opened by the Client at the Company. These may be trading accounts, investor’s accounts and other account types. «Company Account» - means the bank or/and electronic Account of the Company. «Contract for difference or CFD» - means a trading contract which is based on changes of various assets including precious metals, commodities etc. «Margin Trading» - means trading with the use of leverage i.e. the Client can make transactions of a certain size while having less funds on his trade account. «Necessary Margin» - means the margin required by the Company to maintain open positions. «Non-Trading Operation» - means any operation that involves deposit of funds, withdrawal funds from the Client’s account or the return of credit. «Order» - means the Client’s instruction sent by him to the Company with the purpose to open/close a trade when the price reaches order level or to place, change or delete the order level. «Order Level» - means the price that is indicated in the order. «Rate» - means the value of the base currency in the terms of the quote currency. «Request» - means the Client’s order to the Company to obtain quote which shall not constitute the obligation to make a transaction. «Server» - means all programs that are used to make and carry out the Client’s instructions and also present the information on trade in real time. «Stop-out» - means the forced order to close the position generated by the server. «Trade Account» - means the unique personalized log of all operations recorded on the trading platform where completed closed transactions, opened positions, non-market operations and orders are reflected. «Trading Platform» - MetaTrader4 software product that gives the Client an opportunity to receive information on financial markets trading in the real time and also to set, change or cancel orders and receive messages from the Company. «Quote Currency» - the currency that is quoted second in order in the name of the currency pair which the Client can sell or buy for the base cur...
