Common use of Pending Orders Clause in Contracts

Pending Orders. 8.1 Client has the right to place the following pending orders: (a) Buy Stop – an order to open a long position at the market price, when the future Ask price reaches the specified value. This type of order is placed higher than the current Ask price;

Appears in 4 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Pending Orders. 8.1 Client A customer has the right to place the following pending orders: (a) Buy Stop – an order to open a long position at the market price, when the future Ask price reaches the specified value. This type of order is placed higher than the current Ask price;

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement