Examples of Closing Out in a sentence
Any profit or loss net of any fees and charges (that is, the realised gain or loss) arising on Closing Out a Transaction will be credited or debited (as the case may be) against the Account Value, in the Account currency.
Any business establishment advertising a sale which state, either directly or indirectly, that it is the intent of the seller is to dispose of the entire stock of goods in order to terminate its business is required to obtain a Closing Out Sale License.
You agree to rely on your own judgement in opening, Closing Out, or refraining from opening or Closing Out a Transaction with us.
You acknowledge and agree that we will not have any liability to you as a result of any such Closing Out of your Transactions.
Contract Value means the number of shares, contracts or other units of the Underlying Instrument that you are notionally buying or selling multiplied by our then current quote for Closing Out the Transaction.