Common use of Types of orders Clause in Contracts

Types of orders. The types of orders accepted by the Company on all its Electronic Trading Platforms are set out in the Order Execution Policy, as may be amended from time to time. Any updates to the Order Execution Policy shall be communicated to the Client via the durable mediums, as defined above. Following submission of an order, it is your sole responsibility to remain available for order confirmations available in the Electronic Trading Platform, and other communications regarding your Account and orders until all your open orders are completed. Thereafter, you must monitor your Account frequently when you have open positions in the Account. You may give instructions to the Company in electronic form through the Electronic Trading Platform or Mobile applications. It is your sole responsibility to clearly indicate the terms of an order when entered, whether it is a market order, limit order, stop loss order or any other type of order, including the relevant Price and Lot Size. We shall make sufficient efforts to execute any order which you place with us, taking into consideration the relevant market conditions and Royal Forex’s Risk Management Policy with respect to indicatively maximum risk levels and limits we can undertake and as set in the Product Intervention Measures issued by CySEC or any other competent authority. We may refuse to accept or temporarily or permanently suspend quoting Prices and/or accepting orders where we have exceeded internally set risk management limits. By accepting your orders the Company do not warrant that it will be possible to execute them, or that execution will be possible according to your instructions. Under Company’s Order Execution Policy, execution of an order may take up to 5 seconds, in extreme market conditions. Please note that execution price may be different than the price indicating when entering the order should a change in the market price occurs during the execution of the order. Your order will not be executed unless the Company has given a Price for it. Your orders will be executed at the Company’s relevant Bid and Ask Prices, depending on the direction of the trade and in accordance with the terms of this Agreement. Unless you give a different order, all orders which you place are considered to be “Good Till Cancelled”, as is further explained in the Order Execution Policy. You acknowledge that, several factors may lead to a sharp movement in price between receipt of your order and execution (“Price Slippage” or “Market Gapping”) and such movement may be to your advantage or to your disadvantage. You acknowledge that Price Slippage and Market Gapping may occur as a result of various factors which may be beyond our control, including market data latency, sudden changes in the market, the speed of your internet connection and high market volatility. Whilst we shall act in accordance with our obligations under the Applicable Laws and Regulations at all times in the execution of your orders, in the case of Price Slippage or Market Gapping occurring, your order may not be executed at the proposed execution price. It may be executed at a price which is much worse. In such cases, orders will be executed at our Price, based on the first price which we are able to obtain on the underlying Financial Instrument. We will take such steps as are reasonable in the circumstances in order to avoid or mitigate the effects of Price Slippage and Market Gapping, as described further in our Order Execution Policy. We shall not seek to obtain unfair advantage of such Price Slippage or Market Gapping or allocate losses resulting from slippage between our own position and the positions of our customers, in a way which is disproportional or abusive. In this respect we shall at all times act in accordance with our obligations under the Applicable Laws and Regulations, and particularly our obligations in relation to execution of your orders and conflicts of interest. Pending Orders which will not be executed and shall remain effective for 30 days. The Client’s Order shall be valid and in accordance with the type and time of the given Order, as specified. The validity time of all pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop) will be 30 days. All pending orders will be cancelled automatically after validity period of 30 days.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Types of orders. The types of orders accepted by the Company on all its Electronic Trading Platforms are set out in the Order Execution Policy, as may be amended from time to time. Any updates to the Order Execution Policy shall be communicated to the Client via the durable mediums, as defined above. Following submission of an order, it is your sole responsibility to remain available for order confirmations available in the Electronic Trading Platform, and other communications regarding your Account and orders until all your open orders are completed. Thereafter, you must monitor your Account frequently when you have open positions in the Account. You may give instructions to the Company in electronic form through the Electronic Trading Platform or Mobile applications. It is your sole responsibility to clearly indicate the terms of an order when entered, whether it is a market order, limit order, stop loss order or any other type of order, including the relevant Price and Lot Size. We shall make sufficient efforts to execute any order which you place with us, taking into consideration the relevant market conditions and Royal Forex’s FXBFI Risk Management Policy with respect to indicatively maximum risk levels and limits we can undertake and as set in the Product Intervention Measures issued by CySEC or any other competent authority. We may refuse to accept or temporarily or permanently suspend quoting Prices and/or accepting orders where we have exceeded internally set risk management limits. By accepting your orders orders, the Company do not warrant that it will be possible to execute them, or that execution will be possible according to your instructions. Under Company’s Order Execution Policy, execution of an order may take up to 5 seconds, in extreme market conditions. Please note that execution price may be different than the price indicating when entering the order should a change in the market price occurs during the execution of the order. Your order will not be executed unless the Company has given a Price for it. Your orders will be executed at the Company’s relevant Bid and Ask Prices, depending on the direction of the trade and in accordance with the terms of this Agreement. Unless you give a different order, all orders which you place are considered to be “Good Till Cancelled”, as is further explained in the Order Execution Policy. You acknowledge that, several factors may lead to a sharp movement in price between receipt of your order and execution (“Price Slippage” or “Market Gapping”) and such movement may be to your advantage or to your disadvantage. You acknowledge that Price Slippage and Market Gapping may occur as a result of various factors which may be beyond our control, including market data latency, sudden changes in the market, the speed of your internet connection and high market volatility. Whilst we shall act in accordance with our obligations under the Applicable Laws and Regulations at all times in the execution of your orders, in the case of Price Slippage or Market Gapping occurring, your order may not be executed at the proposed execution price. It may be executed at a price which is much worse. In such cases, orders will be executed at our Price, based on the first price which we are able to obtain on the underlying Financial Instrument. We will take such steps as are reasonable in the circumstances in order to avoid or mitigate the effects of Price Slippage and Market Gapping, as described further in our Order Execution Policy. We shall not seek to obtain unfair advantage of such Price Slippage or Market Gapping or allocate losses resulting from slippage between our own position and the positions of our customers, in a way which is disproportional or abusive. In this respect we shall at all times act in accordance with our obligations under the Applicable Laws and Regulations, and particularly our obligations in relation to execution of your orders and conflicts of interest. Pending Orders which will not be executed and shall remain effective for 30 days. The Client’s Order shall be valid and in accordance with the type and time of the given Order, as specified. The validity time of all pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop) will be 30 days. All pending orders will be cancelled automatically after validity period of 30 days.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Types of orders. The types of orders accepted by the Company on all its Electronic Trading Platforms are set out in the Order Execution Policy, as may be amended from time to time. Any updates to the Order Execution Policy shall be communicated to the Client via the durable mediums, as defined above. Following submission of an order, it is your sole responsibility to remain available for order confirmations available in the Electronic Trading Platform, and other communications regarding your Account and orders until all your open orders are completed. Thereafter, you must monitor your Account frequently when you have open positions in the Account. You may give instructions to the Company in electronic form through the Electronic Trading Platform or Mobile applications. It is your sole responsibility to clearly indicate the terms of an order when entered, whether it is a market order, limit order, stop loss order or any other type of order, including the relevant Price and Lot Size. We shall make sufficient efforts to execute any order which you place with us, taking into consideration the relevant market conditions and Royal Forex’s FXBFI Risk Management Policy with respect to indicatively maximum risk levels and limits we can undertake and as set in the Product Intervention Measures issued Measuresissued by CySEC or any other competent authority. We may refuse to accept or temporarily or permanently suspend quoting Prices and/or accepting orders where we have exceeded internally set risk management limits. By accepting your orders orders, the Company do not warrant that it will be possible to execute them, or that execution will be possible according to your instructions. Under Company’s Order Execution Policy, execution of an order may take up takeup to 5 seconds, in extreme market extrememarket conditions. Please note that notethat execution price may be different than the price indicating when entering the order should a change in the market price occurs during the execution of the order. Your order will not be executed unless the Company has given a Price for it. Your orders will be executed at the Company’s relevant Bid and Ask Prices, depending on the direction of the trade and in accordance with the terms of this Agreement. Unless you give a different order, all orders which orderswhich you place are considered areconsidered to be “Good Till Cancelled”, as is further x xxxxxx explained in the Order Execution Policy. You acknowledge that, several factors may lead to a sharp movement in price between receipt of your order and execution (“Price Slippage” or “Market Gapping”) and such movement may be to your advantage or to your disadvantage. You acknowledge that Price Slippage and Market Gapping may occur as a result of various factors which may be beyond our control, including market data latency, sudden changes in the market, the speed of your internet connection and high market volatility. Whilst we shall act in accordance with our obligations under the Applicable Laws and Regulations at all times in the execution of your orders, in the case of Price Slippage or Market Gapping occurring, your order may not be executed at the proposed execution price. It may be executed at a price which is much worse. In such cases, orders will be executed at our Price, based on the first price which we are able to obtain on the underlying Financial Instrument. We will take such steps as are reasonable in the circumstances in order to avoid or mitigate the effects of Price Slippage and Market Gapping, as described further in our Order Execution Policy. We shall not seek to obtain unfair advantage of such Price Slippage or Market Gapping or allocate losses resulting from slippage between our own position and the positions of our customers, in a way which is disproportional or abusive. In this respect we shall at all times act in accordance with our obligations under the Applicable Laws and Regulations, and particularly our obligations in relation to execution of your orders and conflicts of interest. Pending Orders which will not be executed and shall remain effective for 30 days. The Client’s Order shall be valid and in accordance with the type and time of the given Order, as specified. The validity time of all pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop) will be 30 days. All pending orders will be cancelled automatically after validity period of 30 days.

Appears in 1 contract

Samples: Client Agreement

Types of orders. The types of orders accepted by the Company on all its Electronic Trading Platforms are set out in the Order Execution Policy, as may be amended from time to time. Any updates to the Order Execution Policy shall be communicated to the Client via the durable mediums, as defined above. Following the submission of an order, it is your sole responsibility to remain available for order confirmations available in the Electronic Trading Platform, and other communications regarding your Account and orders until all your open orders are completed. Thereafter, you must monitor your Account frequently when you have open positions in the Account. You may give instructions to the Company in electronic form through the Electronic Trading Platform or Mobile applications. It is your sole responsibility to clearly indicate the terms of an order when entered, whether it is a market order, limit order, stop loss order or any other type of order, including the relevant Price and Lot Size. We shall make sufficient efforts to execute any order which you place with us, taking into consideration the relevant market conditions and Royal ForexCompany’s Risk Management Policy with respect to indicatively maximum risk levels and limits we can undertake and as set in the Product Intervention Measures issued by CySEC or any other competent authority. We may refuse to accept or temporarily or permanently suspend quoting Prices and/or accepting orders where we have exceeded internally set risk management limits. By accepting your orders orders, the Company do not warrant that it will be possible to execute them, or that execution will be possible according to your instructions. Under Company’s Order Execution Policy, execution of an order may take up to 5 seconds, in extreme market conditions. Please note that execution price may be different than the price indicating when entering the order should a change in the market price occurs during the execution of the order. Your order will not be executed unless the Company has given a Price for it. Your orders will be executed at the Company’s relevant Bid and Ask Prices, depending on the direction of the trade and in accordance with the terms of this Agreement. Unless you give a different order, all orders which you place are considered to be “Good Till Cancelled”, as is further explained in the Order Execution Policy. You acknowledge that, several factors may lead to a sharp movement in price between receipt of your order and execution (“Price Slippage” or “Market Gapping”) and such movement may be to your advantage or to your disadvantage. You acknowledge that Price Slippage and Market Gapping may occur as a result of various factors which may be beyond our control, including market data latency, sudden changes in the market, the speed of your internet connection and high market volatility. Whilst we shall act in accordance with our obligations under the Applicable Laws and Regulations at all times in the execution of your orders, in the case of Price Slippage or Market Gapping occurring, your order may not be executed at the proposed execution price. It may be executed at a price which is much worse. In such cases, orders will be executed at our Price, based on the first price which we are able to obtain on the underlying Financial Instrument. We will take such steps as are reasonable in the circumstances in order to avoid or mitigate the effects of Price Slippage and Market Gapping, as described further in our Order Execution Policy. We shall not seek to obtain unfair advantage of such Price Slippage or Market Gapping or allocate losses resulting from slippage between our own position and the positions of our customers, in a way which is disproportional or abusive. In this respect we shall at all times act in accordance with our obligations under the Applicable Laws and Regulations, and particularly our obligations in relation to execution of your orders and conflicts of interest. Pending Orders which will not be executed and shall remain effective for 30 days. The Client’s Order shall be valid and in accordance with the type and time of the given Order, as specified. The validity time of all pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop) will be 30 days. All pending orders will be cancelled automatically after validity period of 30 days.

Appears in 1 contract

Samples: Terms and Conditions Client Agreement

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Types of orders. The types of orders accepted by the Company on all its Electronic Trading Platforms are set out in the Order Execution Policy, as may be amended from time to time. Any updates to the Order Execution Policy shall be communicated to the Client via the durable mediums, as defined above. Following submission of an order, it is your sole responsibility to remain available for order confirmations available in the Electronic Trading Platform, and other communications regarding your Account and orders until all your open orders are completed. Thereafter, you must monitor your Account frequently when you have open positions in the Account. You may give instructions to the Company in electronic form through the Electronic Trading Platform or Mobile applications. It is your sole responsibility to clearly indicate the terms of an order when entered, whether it is a market order, limit order, stop loss order or any other type of order, including the relevant Price and Lot Size. We shall make sufficient efforts to execute any order which you place with us, taking into consideration the relevant market conditions and Royal Forex’s FXBFI Risk Management Policy with respect to indicatively maximum risk levels and limits we can undertake and as set in the Product Intervention Measures issued Measuresissued by CySEC or any other competent authority. We may refuse to accept or temporarily or permanently suspend quoting Prices and/or accepting orders where we have exceeded internally set risk management limits. By accepting your orders orders, the Company do not warrant that it will be possible to execute them, or that execution will be possible according to your instructions. Under Company’s Order Execution Policy, execution of an order may take up takeup to 5 seconds, in extreme market extrememarket conditions. Please note that notethat execution price may be different than the price indicating when entering the order should a change in the market price occurs during the execution of the order. Your order will not be executed unless the Company has given a Price for it. Your orders will be executed at the Company’s relevant Bid and Ask Prices, depending on the direction of the trade and in accordance with the terms of this Agreement. Unless you give a different order, all orders which orderswhich you place are considered areconsidered to be “Good Till Cancelled”, as is further x xxxxxx explained in the Order Execution Policy. You acknowledge that, several factors may lead to a sharp movement in price between receipt of your order and execution (“Price Slippage” or “Market Gapping”) and such movement may be to your advantage or to your disadvantage. You acknowledge that Price Slippage and Market Gapping may occur as a result of various factors which may be beyond our control, including market data latency, sudden changes in the market, the speed of your internet connection and high market volatility. Whilst we shall act in accordance with our obligations under the Applicable Laws and Regulations at all times in the execution of your orders, in the case of Price Slippage or Market Gapping occurring, your order may not be executed at the proposed execution price. It may be executed at a price which is much worse. In such cases, orders will be executed at our Price, based on the first price which we are able to obtain on the underlying Financial Instrument. We will take such steps as are reasonable in the circumstances in order to avoid or mitigate the effects of Price Slippage and Market Gapping, as described further in our Order Execution Policy. We shall not seek to obtain unfair advantage of such Price Slippage or Market Gapping or allocate losses resulting from slippage between our own position and the positions of our customers, in a way which is disproportional or abusive. In this respect we shall at all times act in accordance with our obligations under the Applicable Laws and Regulations, and particularly our obligations in relation to execution of your orders and conflicts of interest. Pending Orders which will not be executed and shall remain effective for 30 days. The Client’s Order shall be valid and in accordance with the type and time of the given Order, as specified. The validity time of all pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop) will be 30 days. All pending orders will be cancelled automatically after validity period of 30 days.

Appears in 1 contract

Samples: Client Agreement

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