GAPPING. 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.
GAPPING. Gapping is a sudden shift in the price of an underlying Market from one level to another. Various factors can lead to gapping (for example, economic events or Market announcements) and gapping can occur both when the underlying Market is open and when it is closed. When gapping occurs when the underlying Market is closed, the price of the underlying Market when it opens (and therefore our derived price) can be markedly different from the closing price, with no opportunity to close your Transaction in between. Gapping can result in a significant loss (or profit).
GAPPING. Sunday’s opening prices may or may not be the same as Friday’s closing prices. At times, the prices on the Sunday open are near where the prices were on the Friday close. At other times, there may be a significant difference between Friday’s close and Sunday’s open. The market may gap if there is a significant news announcement or an economic event changing how the market views the value of a currency. Traders holding positions or orders over the weekend should be fully comfortable with the potential of the market to gap.
GAPPING. The price of an underlying instrument may move by a large amount and there may be no liquidity providers quoting prices at all within a given range around the applicable underlying instrument’s spot price (just prior to the market movement) in which case your stop loss will not be filled at the requested level. If this happens, the stop loss will only be honoured on the first available closest quoted price in the market.
GAPPING. Customers need to make themselves aware of the risks associated with gapping in the market. Where “gapping” occurs, it may be difficult and at times impossible for a position to be automatically closed out at the exact level/price when a client breaches its margin obligations, due to the lack of liquidity in the market. There may be significant market movement which is reflected in a significant drop or jump in prices, high volatility, or during market close and market open where the market opens at a considerably lower/higher price to the price at which it closes. Customers must ensure that any deficit balance is brought back to zero immediately, or further action may be taken by the Company to recover the deficit balance through other accounts held in your name or via legal action.
GAPPING. 5.1 Gapping is a sudden shift in the price of an underlying market from one level to another. Various factors can lead to gapping (for example, economic events or market announcements). When these factors occur, the price of Digital Assets in the underlying market may move fast and drastically, and you may not have the opportunity to sell your instruments or conduct other stop-loss activities. You acknowledge and agree that you are solely responsible for bearing all the relevant risks.
GAPPING. Only gapping that exceeds 3/16th inch can be considered Qualifying Damage. The installation instructions at page 35-36 address butt and end joint application and require that the butt ends be installed in moderate contact. The instructions also require leaving a 1/8 inch clearance between the siding and trim around doors and windows (at p. 4). Contact between Siding and Flashing or lack of a gap between Siding and Flashing shall not disallow Qualifying Damage consisting of Bowing that is equal to or greater than ½-inch where the Bowing at issue is not disallowed by another Installation Defense otherwise provided. Clearance at base of the house. The installation instructions at page 30 and code require that the installer holdback the Siding at least 6 inches above the finished grade.
