Limit Orders. Any limit order taken from the Client in respect of an Investment in which ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ acts as market maker or otherwise as principal will be on the basis that: (i) such order will not be executed unless and until the Investment concerned reaches the same or a higher price than that specified in the order (in the case of a sell order) or the same or a lower price than that specified in the order (in the case of a buy order) with a view to purchasing or selling (as the case may be) in the Investment concerned in the amount of the order; and (ii) until such execution ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ may buy the Investment (where the order was to buy) at a price equal to or lower than that stated in the order or sell it (where the order was to sell) at a price equal to or higher than that so stated, such purchase or sale being from or to any third party and for its own account or for that of any Associated Firm.
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Sources: International Prime Brokerage Agreement, International Prime Brokerage Agreement, International Prime Brokerage Agreement