Gapping definition

Gapping refers to an Order being executed at a price other than the price specified in the Order because the Quote moves from one price to the next price through the Order level and TRADE NATION is unable to execute the Order at that price. Gapping can occur for the following reasons, including, without limitation: a. during Exceptional Market Conditions; b. where the relevant Underlying Instrument to which the Order relates has opened at a price significantly different to the closing price of the previous Trading Session or has gapped significantly due to a piece of economic, political, environmental or corporate news; c. when the Underlying Instrument has temporarily ceased trading on the relevant Exchange and then re-opened at a Quote that is through the relevant Order; or d. where the size of the Order was greater than the normal market size at which TRADE NATION was reasonably able to trade in the Underlying Instrument.
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Gapping or “Gapped” means an occurrence whereby the market moves from one price to another and this second price is significantly different to the first. This price Gap can occur at any time during trading hours, often with the release of price sensitive information, or at the market open. Where such an event happens and where the second price is through an Order level when the first price was not, this may result in Slippage to the Order price. This may happen because:
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Gapping happens when the price of an instrument or asset opens above or below the previous day's close with no trading activity in between.
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Examples of Gapping in a sentence

  • 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.

  • The Parties will cooperate to establish separate choke trunk groups for the completion of calls such as radio contest lines, etc., unless this is determined to be unnecessary by both parties because they have implemented "Call Gapping" software, or other call control measures.

  • 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.

  • 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.

  • Whilst we shall at all times comply with our obligations under the Applicable Laws and Regulations, including our obligations in respect of conflicts of interest and execution of your Orders, and shall aim to allocate the results of any Price Slippage or Market Gapping.

  • Where Gapping occurs in a market during trading hours, any Buy Order below the market or Sell Order above the market will always be filled at the requested price but Sell Orders below the market or Buy Orders above the market may be subject to Slippage.

  • Trailing Stop Orders are not guaranteed and may be subject to Gapping and/or Slippage.

  • You should note the potential impact of Gapping and Slippage on any Order that you have on your account.

  • Gapping, as described below, can occur when an underlying execution venue is closed with the result that on re-opening of the execution venue the price of the underlying commodity or index product (and therefore our derived CFD price) can be markedly different from the closing price, with no opportunity for you to close your trade before the execution venue re-opens.


More Definitions of Gapping

Gapping as is detailed in Clause 8. "If Done Order" means an order that is only triggered on the activation of another attached order. For example, if a New Order is activated, you may wish to pre-set a Stop Loss and/or a Limit order. These additional orders are deemed "If Done Orders".
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Gapping means when the price of a market jumps dramatically.
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Gapping. This means that the Price has moved directly from one price to another without stopping at any intervening price(sometimes referred to as "slippage"). "Guaranteed Stop Maximum Stake" The maximum stake available to you under a Guaranteed Stop Loss Order. "Insolvency Event" (a) If a resolution is passed or an order is made for your winding up, dissolution or administration, if any bankruptcy order is made against you, the appointment of a receiver, administrator, manager, administrative receiver or similar officer over, or if any encumbrancer takes possession of or sells, all or any part of your business or assets, the making of an arrangement or composition with your creditors generally or the making of an application to court for protection from your creditors generally (including under Chapter 11 of the US Bankruptcy Code). If the Client is a partnership, the occurrence of any of the foregoing events in relation to any partner in that partnership shall be deemed an "Insolvency Event" in relation to the Client; or(b) If you become insolvent or are otherwise unable to pay your debts as they fall due, or any act of insolvency or analogous event (to those set out in paragraph (a) above) occurs in respect of you. “Leverage” Leverage is defined as the use of exponentially increasing (or “gearing”) your capital to make substantial profits from fluctuations in the markets i.e., using a smaller amount on margin and leveraging it to trade higher amounts. In accordance with regulatory changes and effective from 1st August 2018, the following leverage ratios will be applied by GMG:
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Gapping refers to an Order being executed at a price other than the price specified in the Order because the Quote moves from one price to the next price through the Order level and TRADE NATION is unable to execute the Order at that price. Gapping can occur for WORDS MEANING the following reasons, including, without limitation: a. during Exceptional Market Conditions; b. where the relevant Underlying Instrument to which the Order relates has opened at a price significantly different to the closing price of the previous Trading Session or has gapped significantly due to a piece of economic, political, environmental or corporate news; c. when the Underlying Instrument has temporarily ceased trading on the relevant Exchange and then re-opened at a Quote that is through the relevant Order; or where the size of the Order was greater than the normal market size at which TRADE NATION was reasonably able to trade in the Underlying Instrument.
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Related to Gapping

  • Trapping means taking protected wildlife with a trapping device.

  • Pruning means the removal, as appropriate, of not more than one-third of the live branches or limbs of a tree in accordance with Good Arboricultural Practice.

  • Propagation means the reproduction of Regulated Marijuana plants by seeds, cuttings, or grafting.

  • Retrenchment means the termination by the employer of the service of a workman for any reason whatsoever, otherwise than as a punishment inflicted by way of disciplinary action, but does not include-

  • Casing means a pipe or tubing of appropriate material, of varying diameter and weight, lowered into a borehole during or after drilling in order to support the sides of the hole and thus prevent the walls from caving, to prevent loss of drilling mud into porous ground, or to prevent water, gas, or other fluid from entering or leaving the hole.