Common use of Limit Orders Clause in Contracts

Limit Orders. This is an Order you may give us to buy or sell a Security. Limit Orders will only be Executed by us when the conditions set by you related to your Order have been met. When these are met, this means that it will be Executed by us as an At Best Order. If the Limit Price is not communicated to us by the relevant market or exchange in the period specified in the Order, the Order will lapse. If you give us this Order: Section B (a) if it is in respect of a Security admitted to trading on a Regulated Market, and we are not immediately able to Execute at the relevant price, we will, where possible, publish the amount of Security and price available in order to increase its chances of Execution; (b) we will not publish Orders which are large in scale compared to normal market size as defined by Regulatory Requirements that apply; and (c) you may choose to Instruct us not to publish unexecuted Limit Orders. (d) The maximum validity period we will allow for a Limit Order may vary. We will confirm this to you on request before you place a Limit Order.