General Trading Conditions. 10.6.1. The Company shall receive, execute and transmit all Orders strictly in accordance with the Trading Conditions and in accordance with its Order Execution Policy. The Company will have no responsibility for checking the accuracy or the logic of any Order. 10.6.2. Trading benefits are granted at the Company’s sole discretion and are subject to the Bonus Terms and Conditions available in the Trading Conditions page in the Website. 10.6.3. The Client is responsible to any loss, damage, claim or expense incurred by the Company for following or attempting to follow any of the Orders and shall indemnify the Company, its officers, directors and employees for any such loss, damage, claim or expense. 10.6.4. Upon closing a CFD Transaction, and subject to any applicable adjustments for interest and dividends in accordance with this Agreement: 10.6.4.1. The Company will pay the Client the difference between the price in which the Transaction was opened and the price in which the Transaction was closed, multiplied by the number of units of the Underlying Asset that comprise the Transaction if the Transaction is: (a) a long Transaction and the Transaction’s closing price is higher than its opening price; or (b) a short Transaction and the Transaction’s closing price is lower than its opening price; and 10.6.4.2. The Client will pay the Company the difference between the price in which the Transaction was opened and the price in which the Transaction was closed, multiplied by the number of units of the Underlying Asset that comprise the Transaction if the Transaction is: (a) a long Transaction and the Transaction’s closing price is lower than its opening price; or (b) a short Transaction and the Transaction’s closing price is higher than its opening price.
Appears in 3 contracts
Sources: Client Agreement, Client Agreement, Client Agreement
General Trading Conditions. 10.6.110.5.1. The Company shall receive, execute and transmit all Orders strictly in accordance with the Trading Conditions and in accordance with its Order Execution Policy. The Company will have no responsibility for checking the accuracy or the logic of any Order.
10.6.210.5.2. Trading benefits are granted at the Company’s sole discretion and are subject to the Bonus Terms and Conditions available in the Trading Conditions page in the Website.. CA08032020
10.6.310.5.3. The Client is responsible to any loss, damage, claim or expense incurred by the Company for following or attempting to follow any of the Orders and shall indemnify the Company, its officers, directors and employees for any such loss, damage, claim or expense.
10.6.410.5.4. Upon closing a CFD Transaction, and subject to any applicable adjustments for interest and dividends in accordance with this Agreement:
10.6.4.110.5.4.1. The Company will pay the Client the difference between the price in which the Transaction was opened and the price in which the Transaction was closed, multiplied by the number of units of the Underlying Asset that comprise the Transaction if the Transaction is:
(a) a long Transaction and the Transaction’s closing price is higher than its opening price; or
(b) a short Transaction and the Transaction’s closing price is lower than its opening price; and
10.6.4.210.5.4.2. The Client will pay the Company the difference between the price in which the Transaction was opened and the price in which the Transaction was closed, multiplied by the number of units of the Underlying Asset that comprise the Transaction if the Transaction is:
(a) a long Transaction and the Transaction’s closing price is lower than its opening price; or
(b) a short Transaction and the Transaction’s closing price is higher than its opening price.
Appears in 1 contract
Sources: Client Agreement