Conditions for placing orders Sample Clauses

Conditions for placing orders. 4.3.1. When the Client makes an order request for a Pending Order, the following parameters must be specified: a) Trading instrument name; b) Volumes or lots; c) Order type (Buy Stop, Buy Limit, Sell Stop, Sell Limit); d) Order levels. 4.3.2. In addition to the parameters that the Client must specify in placing a pending order, there are optional parameters declared in the Order, such as the following: a) The Stop Loss level of the pending order with a value of 0.0000 means that the Client has not placed a Stop Loss (or emptied due to incorrect filling of the previous order request). b) The Take Profit level of the pending order with a value of 0.0000 means that the Client has not placed a Take Profit (or emptied due to incorrect filling of the previous order request). c) Time and date of validity of pending orders. 4.3.3. The trading server may refuse a pending order request from a Client if: a) One or more values of the required parameters have not been filled in or there is an error in the input; b) If a pending order is placed in the Client's trading terminal without using an Expert Advisor, it will 4.3.4. an error message appears: "Invalid S/L or T/P". When the Client places orders for open "Stop Loss" and "Take Profit" positions, the following parameters must be specified: a) Ticker of open order positions for each order; b) Order value "Stop Loss" 0.0000 means that there are no pending orders for "Stop Loss" (or deleted automatically by the system due to an error in entering the previous data). c) The value of the "Take Profit" order of 0.0000 means that there are no pending orders for "Take Profit" (or deleted automatically)
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Conditions for placing orders. 7.1.1 The Client sends its Orders to the Service Provider by telephone, Bloomberg electronic messaging, FIX connectivity, exceptionally by email or fax with mandatory confirmation of the Order by telephone and/or any other means expressly agreed between the parties, with the understanding that the Service Provider shall have the right at any time to require the Orders to be placed in writing.
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Related to Conditions for placing orders

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  • Placement of Orders The Adviser shall arrange for the placing of all orders for the purchase and sale of securities for a Fund’s account with brokers or dealers selected by the Adviser. In the selection of such brokers or dealers and the placing of such orders, the Adviser is directed at all times to seek for each Fund the most favorable execution and net price available under the circumstances. It is also understood that it is desirable for the Funds that the Adviser have access to brokerage and research services provided by brokers who may execute brokerage transactions at a higher cost to the Funds than may result when allocating brokerage to other brokers, consistent with section 28(e) of the 1934 Act and any Commission staff interpretations thereof. Therefore, the Adviser is authorized to place orders for the purchase and sale of securities for a Fund with such brokers, subject to review by the Board from time to time with respect to the extent and continuation of this practice. It is understood that the services provided by such brokers may be useful to the Adviser in connection with its or its affiliates’ services to other clients.

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