Common use of Limit Orders Clause in Contracts

Limit Orders. (a) A limit order is an order to buy or sell specified units of a security at a specified price or better. (b) A limit order will not be accepted, without any advice to you, if we consider the limit price to be too far away from the prevailing market price of that stock. (c) Limit orders can be amended or cancelled provided the order has not already been executed. (d) It will be your responsibility to manage any unfilled portions of your order.

Appears in 5 contracts

Sources: Client Services Agreement, Client Services Agreement, Client Services Agreement

Limit Orders. (a) A limit order is an order to buy or sell specified units of a security (including a fractional number of security) at a specified price or better. (b) A limit order will not be accepted, without any advice to you, if we consider the limit price to be too far away from the prevailing market price of that stock. (c) Limit orders can be amended or cancelled provided the order has not already been executed. (d) It will be your responsibility to manage any unfilled portions of your order.

Appears in 1 contract

Sources: Client Services Agreement

Limit Orders. (a) A limit order is an order to buy or sell specified units of a security at a specified price or better. (b) A limit order will not be accepted, without any advice to you, if we consider the limit price to be too far away from the prevailing market price of that stock. (c) Limit orders can be amended or cancelled provided the order has not already been . executed. (d) It will be your responsibility to manage any unfilled portions of your order.

Appears in 1 contract

Sources: Client Services Agreement