Guaranteed Stop definition
Examples of Guaranteed Stop in a sentence
An Open Position can be closed in accordance with the Client Agreements prior to reaching the Guaranteed Stop Order price level.
If the Company accepts a Guaranteed Stop on a new Order the Company guarantees that when its bid or offer quoted price reaches or goes beyond the close at loss price specified by the Client, the Company will close the Client's open position at exactly the price the Client specifies in the Guarantee Stop Order.
Guaranteed Stop Orders are only available on certain Underlying Asset, as indicated in the details tab for a Underlying Asset.
The adjusted spread is displayed in the Underlying Asset details tab for each eligible Underlying Asset at the time the Guaranteed Stop Order is placed.
If you have a Guaranteed Stop on an instrument that becomes subject to a dividend adjustment, we reserve the right to amend the Guaranteed Stop price by the size of the dividend adjustment.
Guaranteed Stop Orders are only available on certain Underlying Asset, as indicated in the details tab for an Underlying Asset.
As the Company guarantees the close out price, the spread is adjusted for the additional charge when placing the Guaranteed Stop Order.
The Company may, in its sole discretion, accept the Client’s offer to place a Guaranteed Stop Order at an exact price determined by the Client.
When rolling over a Transaction with a Guaranteed Stop Order attached to the next available contract period it is your sole responsibility to ensure that the new Transaction has a Guaranteed Stop Order attached if you so require.
We may amend at any time and without notice the Markets for which Guaranteed Stop Orders are available, the times that Guaranteed Stop Orders can be placed, cancelled or amended, the maximum Transaction Size permitted and minimum stop distances.