Invalid Price definition
Examples of Invalid Price in a sentence
OANDA will promptly credit your Account for any immediate losses incurred directly as a result of trading activity involving such Invalid Price quote.
Any Trailing Stops executed by an Invalid Price will not be reset.
Any positions that are opened or closed due to an Invalid Price quote WILL REMAIN OPEN OR CLOSED in your Account.
Therefore you should immediately examine your Account upon receiving notice of an Invalid Price quote, review the positions and Orders in your Account and take corrective action, if necessary.
OANDA will make no price adjustments, reversals or amendments of Trades in your Account as a result of any trading activity involving an Invalid Price quote.
If so and if the Company acted in good faith when providing the Invalid Price to the Client, the Company may at its sole discretion cancel an Order, Position or Transaction placed by the Client but shall do so within reasonable time and shall provide the Client with a full explanation.
Regardless of the actions taken by OANDA with respect to an Invalid Price quote, you assume full responsibility for managing your account following notice of an Invalid Price quote, including, without limitation, closing open positions or reinstating Orders, at your sole discretion and without liability to OANDA.
OANDA will promptly notify you of such Invalid Price quote and either (i) that a credit will be applied to your Account in the event you have incurred a trading loss from such Invalid Price quote or (ii) that you are entitled to keep a profit if one results from trading activity related to such Invalid Price quote.
In such event, and provided that the Company has acted in good faith when providing the Invalid Price, the Company may at its sole discretion cancel an Order, Position or Transaction placed by the Client or adjust the Order, Position or Transaction to reflect the correct price of the underlying asset .
In such event, and provided that the Company has acted in good faith when providing the Invalid Price, the Company may at its sole discretion cancel an Order, Position or Transaction placed by the Client or adjust the Order, Position or Transaction to reflect the correct price of the underlying asset.