Force Close definition

Force Close or “Force Closure” means for us to close any and all of your open Transactions, whether at a loss or a profit, at a closing price based on the then prevailing quotations or prices offered on the Trading Platform or, if none, at such levels as we consider fair and reasonable.
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Force Close or “Force Closure” means for us to close any and all of your open Transactions, whether at a loss or a profit, at a closing pricebased on the then prevailing quotations or prices offered on the TradingPlatform or, if none, at such levels as we consider fair and reasonable. “Force MajeureEvent” means the existence of an emergency or an exceptional marketcondition, including without limitation, the events set forth in Section 16.1 of this Agreement.
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Examples of Force Close in a sentence

  • The exercise of our right to Force Close your open Transactions will not result in termination of your Trading Account or of this Agreement.

  • If we have, nevertheless, already opened or closed a Transaction prior to becoming aware that a factor set out in Section 15.13 has not been met, we may, in our absolute discretion, either treat such a Transaction as void from the outset or Force Close.

  • The exercise of our right to Force Close your open Transactions will not result in termination of your Trading Account or of this User Agreement.

  • If the Position is still open at the end of this grace period and additional funds have not been deposited with us, then we will Force Close.

Related to Force Close

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Final closure means the closure of all hazardous waste management units at the facility in accordance with all applicable closure requirements so that hazardous waste management activities pursuant to 35 Ill. Adm. Code 724 and 725 are no longer conducted at the facility unless subject to the provisions of 35 Ill. Adm. Code 722.134.

  • Pre-Closing Periods means any taxable period ending on or before the Closing Date.