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.