Stop Loss Orders and Limit Orders Clause Samples
Stop Loss Orders and Limit Orders a) The Client may place a Stop Loss Order in relation to a Trade on the Trading Platform.
b) Khwezi may charge a fee it deems appropriate for the placement of a Stop Loss Order.
c) The Client authorises Khwezi to withdraw this fee from the TPFA Account when the Stop Loss Order is entered into.
d) The Trading Platform will close out the relevant Trade in accordance with the Stop Loss Order.
e) The Client acknowledges that:
i) market conditions, including Abnormal Market Conditions, may arise such that Khwezi may only be able to terminate and close out the Trade the subject of the Stop Loss Order at a price or rate that is substantially less than that in the Stop Loss Order;
ii) once the Stop Loss Order is triggered, the Trading Platform will close out the Margin Trade at whatever price or rate it is able to obtain for the Client in the market; and
iii) the Client accepts these risks accordingly.
f) The Client may place a Limit Order in relation to a Trade on the Trading Platform.
g) Khwezi may charge a fee it deems appropriate for the placement of a Limit Order.
h) The Client authorises Khwezi to withdraw this fee from TPFA Account when the Limit Order is entered into.
i) The Client acknowledges that –
i) while the Limit Order will be entered into at the price or rate set out in the Limit Order, market conditions, including Abnormal Market Conditions, may arise such that Khwezi may only be able to enter into the Trade the subject of the Limit Order at a price or rate that is substantially different from the prices or rates prevailing in the relevant market at the time of entry into of the Trade; and
ii) the Client accepts this risk accordingly.
Stop Loss Orders and Limit Orders a) The Client may place a Stop Loss Order in relation to a Trade on the Trading Platform.
b) Khwezi may charge a fee it deems appropriate for the placement of a Stop Loss Order.
c) The Client authorizes Khwezi to withdraw this fee from the TPFA Account when the Stop Loss Order is entered into.
d) The Trading Platform will close out the relevant Trade in accordance with the Stop Loss Order.
e) The Client acknowledges that:
Stop Loss Orders and Limit Orders a) The Client may place a Stop Loss Order in relation to a Trade on the Trading Platforms.
b) Atossa may charge a fee it deems appropriate for the placement of a Stop Loss Order.
c) The Client authorizes Atossa to withdraw this fee from the Account when the Stop Loss Order is entered.
d) The Trading Platforms will close out the relevant Trade in accordance with the Stop Loss Order.
e) The Client acknowledges that:
Stop Loss Orders and Limit Orders. 8.7.1 MERJ may agree to a Stop Loss Order by the User in relation to a Margin Transaction.
8.7.2 MERJ may charge a fee it deems appropriate for the Stop Loss Order, as set out in the relevant Fee Schedule.
8.7.3 The User authorises MERJ to withdraw this fee from the Segregated Funds Account when the Margin Transaction relating to the Stop Loss Order is entered into.
8.7.4 Subject to clause 8.7.5, MERJ will close out the relevant Margin Transaction in accordance with the Stop Loss Order.
8.7.5 In respect of a Margin Transaction concluded in respect of a Stop Loss Order, the User acknowledges that –
8.7.5.1 market conditions, including Abnormal Market Conditions, may arise such that MERJ may only be able to terminate and close out the Margin Transaction at a price or rate that is substantially less than that in the Stop Loss Order;
8.7.5.2 once the Stop Loss Order is triggered, MERJ will close out the Margin Transaction at whatever price or rate it is able to obtain for the User in the market, and
8.7.5.3 the User accepts these risks accordingly.
8.7.6 MERJ may agree to a Limit Order placed by the User in relation to a Margin Transaction.
8.7.7 MERJ may charge a fee it deems appropriate for the Limit Order.
8.7.8 In respect of the Margin Transaction concluded in terms of a Limit Order, the User acknowledges that, while the Limit Order will be entered into at the price or rate set out in the Limit Order, market conditions, including Abnormal Market Conditions, may arise such that MERJ may only be able to enter into the Margin Transaction at a price or rate that is substantially different from the prices or rates prevailing in the relevant market at the time of entry into of the Margin Transaction; and the User accepts this risk accordingly.
Stop Loss Orders and Limit Orders. 8.10.1 Velocity Trade may, on the request of a Client by way of the Trading Platform, agree to a Stop Loss Order in relation to a Margin Transaction.
8.10.2 Velocity Trade may charge a fee it deems appropriate for the Stop Loss Order.
8.10.3 The Client authorises Velocity Trade to withdraw this fee from the Segregated Funds Account when the Stop Loss Order is entered into.
8.10.4 Subject to clause 8.10.5, Velocity Trade will close out the relevant Margin Transaction in accordance with the Stop Loss Order.
8.10.5 However, the Client acknowledges that –
Stop Loss Orders and Limit Orders