Closing Positions Sample Clauses
The "Closing Positions" clause defines the procedures and requirements for finalizing or settling open positions in a contract or transaction. Typically, this clause outlines the steps parties must take to close out their obligations, such as delivering goods, making final payments, or transferring assets, and may specify timelines or conditions under which positions must be closed. Its core practical function is to ensure that all outstanding commitments are properly resolved, thereby reducing ongoing risk and providing certainty to both parties at the conclusion of their dealings.
Closing Positions. You may only close an open position during the trading hours of the market of the underlying Financial Instrument to which the CFD relates to and subject to any trading limits and any minimum/ maximum trade sizes which we may impose in accordance with the provisions of this Agreement. You will not be able to close positions outside of the hours in which the relevant market is open for trading.
Closing Positions. Client needs to procure that the Personal Page has a zero balance no later than the date on which the Client Agreement will be terminated and within 5 Trading Days after the immediate termination by ▇▇▇▇▇▇. If there is still a balance in Foreign Currency or Financial Instruments after that date, ▇▇▇▇▇▇ is authorised to close these positions. A balance in money that remains after closing all positions in Foreign Currency and Financial Instruments and after all obligations of Client to DEGIRO and SPV have been fulfilled, will be transferred to the Bank Account by ▇▇▇▇▇▇. If it is possible that after termination of the Client Agreement further costs or losses will arise in relation to the transactions or positions of Client, then DEGIRO is entitled to hold all or part of the remaining balance until such costs or losses are paid or until it has become clear that such costs or losses will not be incurred.
Closing Positions. Client must procure that the Account has a zero balance no later than (1) in case of termination by Client, the date on which Client sends a termination notice to Finst; or (2) in case of termination by Finst with a one month's notice period, at the end of the notice period. If there is still a balance in Digital Assets after this date, Finst will be authorised to close these positions. Finst may charge costs for this. These costs are specified on the Website. If Digital Assets that remain on the Account after termination, have a value that is equal to or lower than the costs and fees that would be payable by Client if Client or Finst would sell these Digital Assets or if such remaining Digital Assets cannot be sold due to their size or other causes, then Finst will be entitled to appropriate these Digital Assets so that the Account of Client can be closed.
Closing Positions. 4.1 When can an Index Futures CFD be closed?
Closing Positions. 4.1 When can a Commodity CFD be closed?
Closing Positions. 2.1 When can a FX Contract be closed?
Closing Positions. 4.1 When can a Bullion Contract be closed?
(a) You give instructions to close a Bu l l i o n Contract by entering into an equal and opposite Position irrespective of the date on which either Position closes automatically under clause 6.2 of the Agreement as follows:
Closing Positions. The Client must ensure that the Client Account has a zero balance no later than the date on which the Client Agreement will be terminated and after immediate termination by BROKR. If a balance in Foreign Currencies or Financial Instruments still exists after that date, BROKR is authorised to close those positions. A balance in Cash remaining after closing all positions in Foreign Currencies and Financial In- struments and after all the Client's obligations to BROKR and Prime Broker have been fulfilled shall be transferred by BROKR to the Counter Account. If it is possible that after termination of the Client Agreement further costs or losses will arise in respect of the Client's transactions or positions, BROKR shall be entitled to retain all or part of the remaining balance (in propor- tion to the expected costs or losses) until such costs or losses have been met or it has become clear that such costs or losses will not be incurred.
Closing Positions. You may provide instructions through the trading platform to close out a Position at any time. We will act on those instructions as soon as reasonably practicable. Details of the last day and time for closing out a Position are available on request. It is your responsibility to be aware of the last day and time for closing out a particular Position as set out in the Product Disclosure Statement, on the website, and available on the trading platform. Any payment due by either us or you under this clause 5.5 in respect of dates on or after the Closing Date will be made by us debiting or crediting your Account at Close of Business on the Settlement Date. If you have insufficient funds in your Account to meet a payment obligation, you must immediately pay to us as a debt an amount equal to the shortfall.
Closing Positions. Client must procure that the Account has a zero balance no later than (1) in case of termination by Client, the date on which Client sends a termination notice to Finst; or (2) in case of termination by Finst with a one month's notice period, at the end of the notice period. If there is still a balance in Digital Assets after this date, Finst will be authorised to close these positions. Finst may charge costs for this. These costs are specified on the Website.