Closing Position definition

Closing Position means the process of termination of an opened position. Once this process is successfully completed, legal rights and obligations related to concerned position terminate together with the position, which is then closed.
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Closing Position means a Transaction that closes a position on the Trading Account with a use of closing position function. “Condition Tables” Shall mean the tables published on the Company’s Website setting out the following: ● Specification tables - a description of detailed conditions on which Transactions are executed with reference to each Financial Instrument, containing in particular indication of the Spread level and nominal value for the given Financial Instruments and Trading Days and hours of trading; With respect to Securities (OMIs) contain the list of available Financial Instruments and the days and hours of trading, as well as the list Financial Instruments in relation to which XTB MENA allows Clients to make transactions and determine the method of rounding the decimal, hundredth and thousandth part of Fractional Shares. ● Margin requirements for the given Financial Instrument; ● Table of the Company’s commissions and fees; including SWAP Fees applicable for all account types, andAny items other than the above which the GTC states are expressed in the Condition Tables. “Conflicts of Interest Policy” Unless the context otherwise requires, shall mean our prevailing policy regarding conflicts of interest, which is posted on our Website and may be supplied separately on request; our Conflicts of Interest Policy is a policy only, it is not part of our Terms and Conditions of Business and is not intended to be contractually binding or impose or seek to impose any obligations on us which we would not otherwise have; we reserve the right to review and/or amend our Conflicts of Interest Policy at our sole discretion, whenever we deem fit or appropriate. “Contract for Difference” or “CFDs” Contracts for Differences (“CFDs”) - CFDs, which are traded off- exchange (or Over the Counter (‘OTC’)), are to exchange the difference in value of a particular instrument or currency between the time at which the agreement is entered into and the time at which it is closed. This allows the Client to replicate the economic effect of trading in particular currencies or other instruments without requiring actual ownership of those assets. A full list of the CFDs on offer by us is available on our Website. “Company” Shall mean XTB MENA Limited, a private limited company incorporated in the Dubai International Financial Centre (“DIFC”) (Certificate of Registration No. 4365), authorised and regulated for providing financial Services by the Dubai Financial Services Authority (“DFSA), lic...
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Examples of Closing Position in a sentence

  • Closing Position in Account You agree that in the case of your insolvency or death, Leed e may close your open positions and take such other steps as Leede considers advisable in its absolute discretion.

  • Should the Company fail to receive from the Counterparty a Closing Order in relation to a Closing Position under an Initial Conversion Arbitrage Transaction prior to the Closing Time or receive a Closing Order to close same at such Closing Rate which is not and will not become the Current Market Rate prior to the Closing Time, such Closing Position shall be subject to an automatic roll-over by the Company to the next Business Day.

  • In the case of technical failure of trading Platform and for the purpose of urgent Closing Position or disabling of Client Account, Client has the possibility to enter orders by phone, as described in Terms and Conditions.

  • The financial result from Closing Position shall be converted into the Account Currency with the use of the current Company’s Exchange Rate, as at the moment of the Transaction.

  • Financial result of the Closing Position is settled by ONYX on the day of closing.

  • The result of Closing Position shall be settled on the day of closing that position.

  • A Closing Position shall determine the rights or obligations arising from a previously Open Position.

  • Any Closing Position shall result in the termination of all rights and obligations arising from such previously open position, unless stated otherwise herein.

Related to Closing Position

  • Qualifying position means one or more jobs with one or more participating public em-

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Pre-Closing Straddle Period means the portion of any Straddle Period ending on the Closing Date.

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.