Palpable Error definition
Palpable Error means a Transaction that contains or is based on any error that the Company reasonably believes to be obvious or palpable. Parties shall mean the parties to the Client Agreement – the Company and the Client. Quote shall mean the information of the current price for a financial instrument, in the form of the bid and ask prices. Quote Currency shall mean the second currency represented in the currency pair which can be bought or sold by the Client for the base currency, e.g. for the EURUSD currency pair the quote currency is the US Dollar. Required Margin shall mean the necessary margin required by the Company so as to maintain open positions. Slippage shall mean the difference between the expected price of a transaction and the price the transaction is actually executed at. Slippage often occurs during periods of high volatility (for example due market news announcements) making an order at a specified price impossible to execute when market orders are used due to lack of liquidity and also when orders of large volume are executed. Spread shall mean the difference between Ask and Bid of an Underlying Asset in a CFD at that same moment. Swap or Rollover shall mean the interest added or deducted for holding a position open overnight. Transaction shall mean any type of transaction transmitted for execution on behalf of the Client or entered into with the Client or executed on behalf of the Client under the Client Agreement. Transaction Size shall mean the lot size multiplied by the number of lots. Underlying Instrument shall mean the underlying instrument (including asset, exchange rate, index or commodity) to which the Forex or CFD relates.
Palpable Error means a factual error in the Assessment Roll that is of conspicuous magnitude, plain, evident, obvious, and easy to understand.
Palpable Error means a Transaction that contains or is based on any error that the Company reasonably believes to be obvious or palpable. Parties shall mean the parties to the Client Agreement – the Company and the Client. Quote shall mean the information of the current price for a financial instrument, in the form of the bid Quote Currency shall mean the second currency represented in the currency pair which can be bought or sold by the Client for the base currency, e.g. for the EURUSD currency pair the quote currency is the US Dollar. Required Margin shall mean the necessary margin required by the Company so as to maintain open Slippage shall mean the difference between the expected price of a transaction and the price the transaction is actually executed at. Slippage often occurs during periods of high volatility (for example due market news announcements) making an order at a specified price impossible to execute when market orders are used due to lack of liquidity and also when orders of large volume are executed. Spread shall mean the difference between Ask and Bid of an Underlying Asset in a CFD at that same Swap or Rollover shall mean the interest added or deducted for holding a position open overnight. Transaction shall mean any type of transaction transmitted for execution on behalf of the Client or Transaction Size shall mean the lot size multiplied by the number of lots. Website shall mean the Company’s website at www.Blueberry ▇▇▇▇▇▇▇.▇▇▇ or such other website as the Company may maintain from time to time. Underlying Instrument shall mean the underlying instrument (including asset, exchange rate, index or commodity) to which the Forex or CFD relates.
Examples of Palpable Error in a sentence
The Company reserves the right to either void from the outset or amend the terms of a Transaction it deems to be affected by Palpable Error, without your consent.
All determinations and calculations made by the Company under this Client Agreement will be binding on you unless affected by Palpable Error.
The Company will determine a Palpable Error by taking into account any relevant information including, without limitation, the state of the Underlying Market prices at the time of the error or any error in, or lack of clarity of, any information source or pronouncement upon which the Company bases its quoted prices.
The Company will not rely on any transaction you have entered into with the Company when deciding whether or not there has been a Palpable Error.